Common use of Trading in Securities Clause in Contracts

Trading in Securities. PBI and MapInfo each acknowledges that it is aware (and that its Representatives who are apprised of a possible Transaction have been or will be so advised) that applicable securities laws prohibit any person who is aware of material, non-public information about a company obtained directly or indirectly from that company from purchasing or selling securities of such company or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase or sell such securities.

Appears in 3 contracts

Sources: Confidentiality Agreement, Confidentiality Agreement (Mapinfo Corp), Confidentiality Agreement (Mapinfo Corp)