Additional Covenants Clause Example from Business Contracts

This example Additional Covenants clause appears in 2 contracts from 1 company

Additional Covenants. 7.1 Board Composition and Board Designations. The Company shall ensure that the qualifications of the persons serving as members of the Board of Directors and the overall composition of the Board comply with the Sarbanes-Oxley Act and with the listing rules of the NASDAQ Capital Market. 7.2 Prohibition on Press Releases and Public Announcements. The Company will not issue press releases or engage in any other publicity, without the Underwriter's prior written consent, for a period ending at 5:00... p.m., Eastern time, on the first (1st) Business Day following the forty-fifth (45th) day after the Closing Date, other than normal and customary releases issued in the ordinary course of the Company's business or in the reasonable judgment of the Company and its counsel, after notification to the Underwriter, such press release or communication is required by law. View More