Past Activities. During the past ten (10) years, except as previously disclosed to the Purchaser in writing, none of the Company's current directors or officers have been arrested or convicted of any material crime, nor have any of them been the subject of a voluntary or involuntary bankruptcy proceeding or been an officer or director of a company which has been the subject of a voluntary or involuntary bankruptcy proceeding.
Appears in 3 contracts
Sources: Loan and Securities Purchase Agreement (Life Critical Care Corp), Securities Purchase Agreement (Quietpower Systems Inc), Loan and Securities Purchase Agreement (Life Critical Care Corp)