Representation and Warranty Clause Example from Business Contracts

This example Representation and Warranty clause appears in 4 contracts from 2 companies

Representation and Warranty. (a) The Insider represents and warrants to the Company that the Insider has the full right and power, without violating any agreement to which the Insider is bound [(including, without limitation, any non-competition or non-solicitation agreement with any employer or former employer)]1, to enter into this Letter Agreement [and to serve as an officer of the Company and/or a director on the Board, as applicable, and the Insider hereby consents to being named in the Prospectus, road show and any ot...her materials as an officer and/or director of the Company, as applicable]2. (b) The Insider represents and warrants that the Insider's biographical information furnished to the Company (including any such information included in the Prospectus) is true and accurate in all material respects and does not omit any material information with respect to such Insider's background. The Insider's questionnaire furnished to the Company is true and accurate in all material respects. The Insider represents and warrants that the Insider is not subject to or a respondent in any legal action for, any injunction, cease-and-desist order or order or stipulation to desist or refrain from any act or practice relating to the offering of securities in any jurisdiction; the Insider has never been convicted of, or pleaded guilty to, any crime (i) involving fraud, (ii) relating to any financial transaction or handling of funds of another person, or (iii) pertaining to any dealings in any securities, and the Insider is not currently a defendant in any such criminal proceeding; and the Insider has never been suspended or expelled from membership in any securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended or revoked. View More