(z) Except as described in the Disclosure Package or the Final Prospectus and except as would not, individually or in the aggregate, have a material adverse effect on the Company and its subsidiaries, (i) the Company and its subsidiaries own or possess, or can acquire on reasonable terms, all patents, patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), trademarks, service marks, trade names, domain names and other source indicators (collectively, Intellectual Property) necessary for or currently employed by them in connection with the business now operated by them, (ii) to the Companys knowledge, neither the Company nor any of its subsidiaries infringes, misappropriates, or otherwise violates any Intellectual Property of any Person, and the conduct of the Company and its subsidiaries businesses as described in the Disclosure Package and the Final Prospectus does not infringe, misappropriate, or otherwise violate any Intellectual Property of any Person, (iii) neither the Company nor any of its subsidiaries has received any notice of any claims, action, suit or proceeding of infringement, misappropriation, or other violations of or conflict with asserted rights of others and (iv) to the Companys knowledge, the Intellectual Property owned or controlled by the Company and its subsidiaries is not being infringed, misappropriated, or otherwise violated by any Person.
(aa) No material labor dispute with the employees of the Company or any of its subsidiaries exists, except as described in the Disclosure Package and the Final Prospectus, or, to the knowledge of the Company, is imminent; and the Company is not aware of any existing, threatened or imminent labor disturbance by the employees of any of its principal suppliers, manufacturers or contractors that could have a material adverse effect on the Company and its subsidiaries, taken as a whole.
(bb) The Companys and its subsidiaries information technology assets and equipment, computers, systems, networks, hardware, software, websites, applications, and databases (collectively, IT Systems) are adequate for, and operate and perform in all material respects as required in connection with the operation of the business of the Company and its subsidiaries as currently conducted, and, to the Companys knowledge, free and clear of all material bugs, errors, defects, Trojan horses, time bombs, malware and other corruptants. Except as would not reasonably be expected to, individually or in the aggregate, have a material adverse effect, the Company and its subsidiaries have implemented and maintain commercially reasonable controls, policies, procedures, and safeguards to maintain and protect their confidential information and the security of all IT Systems and data (including all personal, personally identifiable, sensitive, confidential or regulated data (Personal Data)) used in connection with their businesses, and, to the Companys knowledge, there have been no breaches, violations, outages or unauthorized uses of or accesses to the same. There is no pending or, to the Companys knowledge, threatened claims, action, suit, proceeding, or investigation against the Company or its subsidiaries alleging a violation relating to Personal Data. The Company and each of its subsidiaries have complied, and are presently in compliance, in all material respects, with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or governmental or regulatory authority, its privacy policies and third-party obligations, in each case, regarding the collection, use, transfer, storage, protection, disposal and disclosure by the Company and its subsidiaries of Personal Data and their IT Systems.