Nothing in this Subdivision prevents or restricts
the operation of any law of a State or Territory under which:
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our
operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental
laws, such as U.S. export control
laws and U.S. and foreign anti-bribery
laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental
laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax
law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign
laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Adjusted shareholders» equity is shareholders» equity excluding net unrealized investment gains (losses), net
of tax, included in shareholders» equity, net realized investment gains (losses), net
of tax, for the period presented, the effect
of a change in tax
laws and tax rates at enactment (excluding the portion related to net unrealized investment gains (losses)-RRB-, preferred stock and discontinued
operations.
Core income (loss) is consolidated net income (loss) excluding the after - tax impact
of net realized investment gains (losses), discontinued
operations, the effect
of a change in tax
laws and tax rates at enactment, and cumulative effect
of changes in accounting principles when applicable.
Apple has revealed when it will hand over the
operation of its iCloud data center in China in a bid to comply with local
law.
If the CFPB reforms fix the deficiencies in those companies»
operations, consumers will benefit to the tune
of potentially billions
of dollars, the National Consumer
Law Center said.
ICE public affairs officer Thomas Byrd said in a statement, «Every day, as part
of routine targeted enforcement
operations, US Immigration and Customs Enforcement Fugitive
Operations teams arrest criminal aliens and other individuals who are in violation
of our nation's immigration
laws.»
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other
laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their
operation of their businesses while the merger agreement is in effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The Healthcare Reform
Law, including The Patient Protection and Affordable Care Act and The Healthcare and Education Reconciliation Act
of 2010, could have a material adverse effect on Humana's results
of operations, including restricting revenue, enrollment and premium growth in certain products and market segments, restricting the company's ability to expand into new markets, increasing the company's medical and operating costs by, among other things, requiring a minimum benefit ratio on insured products, lowering the company's Medicare payment rates and increasing the company's expenses associated with a non-deductible health insurance industry fee and other assessments; the company's financial position, including the company's ability to maintain the value
of its goodwill; and the company's cash flows.
CONAKRY, April 24 - Bollore Group's concession to build a container port in Guinea's capital Conakry was in strict compliance with the
law, a government spokesman said on Tuesday, reacting to news
of a probe by French authorities into the group's Africa
operations.
Meanwhile, immigration restrictions make it more difficult to import the cheap labor that would be competitive with overseas
operations; for an example, see the debacle now taking place in Alabama after the enactment
of a draconian immigration
law.
While state
law did not allow retail to integrate with businesses in the other two areas, many cultivators merged with producing
operations, attempting to skip one level
of taxation.
We are pleased with the decision, consistent with our view that DraftKings and FanDuel are operating illegal gambling
operations in clear violation
of New York
law.
In a similar email statement, DraftKings tells Fortune: «There is a process by which hasty and uninformed opinions can be challenged in a court
of law, which would allow DraftKings to not have to cease
operations in the state
of New York.
It then turned to reports that Apple will be handing over control
of its iCloud data center
operations in China to a local company there to comply with Chinese
law.
At the moment, Cain Express is forbidden by
law to ship between U.S. destinations because the company doesn't have a U.S. subsidiary or a U.S. base
of operations with American employees.
Laws regulating MLM typically 1) require that MLM companies explicitly permit their agents to cancel their agreements and to agree to repurchase inventories at not less than 90 percent
of the original transfer price; 2) prohibit inducements under which the agent is told that he or she will earn a specific amount
of money; 3) prohibit the purchase
of a minimum inventory; and 4) prohibit
operations under which agents are only paid for recruiting others.
Foreign ownership
laws prohibiting non-Canadian bookselling
operations ought to go the way
of the dodo.
The most important office
law business in America such as the
law business incidental to banking, insurance, trust - company
operation, investment work, railroading, patents, admiralty, and large corporation matters in general is in the hands
of non-Jewish firms many
of which, even though they have numerous Jewish clients, have no Jewish partners.
The city council said it needs time to consider zoning
laws and lighting regulations «before commercial cryptocurrency mining
operations results in irreversible change to the character and direction
of the city.»
Like all Canadian banks, TD must navigate a thicket
of laws, regulations and conventions governing its
operations: consumer privacy, financial disclosure, risk management and more.
The credit card
operations that are conducted under our arrangements with Capital One are subject to numerous federal and state
laws that impose disclosure and other requirements upon the origination, servicing and enforcement
of credit accounts and limitations on the maximum amount
of finance charges that may be charged by a credit provider.
This spring, an investor closed on the warehouse for $ 30 per square foot, well below the going rate for the area, and started upgrading the power, water, and ventilation systems in a speculative bet that a new marijuana
law would spark a wave
of demand from growing
operations.
Now, the FBI has arrested the owner
of one
of the most established companies, Phantom Secure, as part
of a complex
law enforcement
operation, according to court records and sources familiar with the matter.
Credit card
operations such as our proprietary program through Capital One are subject to numerous federal and state
laws that impose disclosure and other requirements upon the origination, servicing and enforcement
of credit accounts and limitations on the maximum amount
of finance charges that may be charged by a credit provider.
Starting her management career as a team leader over 20 years ago, Reta has progressed her career in leadership, most recently as the Chief Operating Officer
of a prominent regional
law firm and previously the President
of Fidelity National Financial's Canadian
operation.
Deputy Finance Minister Alexei Moiseev told reporters that, «We categorize mining as a business activity» and went on to explain that because the proposed
law contains no specific guidance on mining taxation, conventional tax
laws will apply to the proceeds
of digital asset mining
operations.
In a bid to regulate activities by foreign non-governmental organizations (NGOs), China passed a
law April 28, 2016 that sets in place rules to manage the
operations of foreign NGOs in China, as well as the relationship between foreign NGOs and...
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact
of modifications to our
operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits
of such transactions, including with respect to the Merger; the substantial level
of government regulation over our business and the potential effects
of new
laws or regulations or changes in existing
laws or regulations; the outcome
of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security
of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts
of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits
of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration
of the businesses
of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion
of management's attention from ongoing business
operations and opportunities during the pendency
of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability
of financing, including relating to the proposed Merger; effects on the businesses as a result
of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.express-scripts.com.
The Board has determined that Mr. House and Ms. Reisman are independent under the NYSE listed company rules and applicable
law and that Mr. Sloan is not independent under these rules because
of his interest in a limited partnership from which the Company leases space for
operation of three
of our retail stores.
«There are franchise
operations in a wide array
of locations,» said Marc D. Freedman, executive director
of labor
law policy at the U.S. Chamber
of Commerce.
One
of the world's largest digital asset exchanges is expanding its
operations to Malta, where the crypto -
laws are friendly.
Recent developments, including ongoing investigations into bribery and corruption at the Company's subsidiaries in Mexico, China, Brazil, and India; new revelations
of accounting fraud at the Company's China
operations; a recent ruling by a National Labor Relations Board Administrative
Law Judge against the Company for its illegal discipline
of employees; and, the NLRB decision to authorize a nationwide complaint against the Company for violations
of the National Labor Relations Act, highlight the need for enhanced oversight
of Wal - Mart's corporate culture and behavior.
The biggest Dark Web marketplace was seized and shut down through a coordinated
law enforcement
operation across 3 countries, sending ripples
of shock - waves across the Dark Web community.
Important factors that may affect the Company's business and
operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation
of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution
of the Company's international expansion strategy; changes in
laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts
of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax
law changes or interpretations; pricing actions; and other factors.
Zsolt Gelencsér, one
of the demonstration's organisers, told a press conference after the meeting that an agreement was reached with government representatives on starting talks next week concerning the
law on taxi services and how the
operations of Uber may comply with rules governing taxis.
This impressive milestone marks a long journey from a one - man
operation providing small businesses with consistency in their marketing efforts, to a fully staffed hybrid agency model serving clients large and small in a wide variety
of fields, including healthcare,
law, software, retail and other B2B business, as well as non-profits.
At issue is what the relevant European
law says should be done — and, more to the point, what should have been done on October 6 2008, when Gordon Brown closed down the UK
operations of Icesave, an online subsidiary
of Landesbanki, Iceland's second - biggest bank.
In general, deferred tax assets represent future tax benefits to be received when certain expenses previously recognized in our consolidated statements
of operations become deductible expenses under applicable income tax
laws, or loss or credit carryforwards are utilized.
This news release contains forward - looking statements within the meaning
of the U.S. Private Securities Litigation Reform Act
of 1995 and Canadian securities
laws, including statements regarding: BlackBerry's expectations regarding new product initiatives and timing, including the BlackBerry 10 platform; BlackBerry's plans and expectations regarding new service offerings, and assumptions regarding its service revenue model; BlackBerry's plans, strategies and objectives, and the anticipated opportunities and challenges in fiscal 2014; anticipated demand for, and BlackBerry's plans and expectations relating to, programs to drive sell - through
of the company's BlackBerry 10 smartphones; BlackBerry's expectations regarding financial results for the second quarter
of fiscal 2014; BlackBerry's expectations with respect to the sufficiency
of its financial resources; BlackBerry's ongoing efforts to streamline its
operations and its expectations relating to the benefits
of its Cost Optimization and Resource Efficiency («CORE») program and similar strategies; BlackBerry's plans and expectations regarding marketing and promotional programs; and BlackBerry's estimates
of purchase obligations and other contractual commitments.
Important factors that may affect the Company's business and
operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss
of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts
of the Company's international
operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution
of the Company's international expansion strategy; tax
law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's ability to protect intellectual property rights; impacts
of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact
of future sales
of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in
laws and regulations; restatements
of the Company's consolidated financial statements; and other factors.
Important factors that may affect the Company's business and
operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation
of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution
of the Company's international expansion strategy; changes in
laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and
operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's inability to protect intellectual property rights; impacts
of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax
law changes or interpretations; and other factors.
This news release contains forward - looking statements within the meaning
of the U.S. Private Securities Litigation Reform Act
of 1995 and Canadian securities
laws, including statements regarding: BlackBerry's expectations regarding new product initiatives and timing, including the BlackBerry 10 platform; BlackBerry's plans and expectations regarding new service offerings, and assumptions regarding its service revenue model; BlackBerry's plans, strategies and objectives, and the anticipated opportunities and challenges in fiscal 2014; anticipated demand for, and BlackBerry's plans and expectations relating to, programs to drive sell - through
of the Company's BlackBerry 7 and 10 smartphones and BlackBerry PlayBook tablets; BlackBerry's expectations regarding financial results for the second quarter
of fiscal 2014; BlackBerry's expectations with respect to the sufficiency
of its financial resources; BlackBerry's ongoing efforts to streamline its
operations and its expectations relating to the benefits
of its Cost Optimization and Resource Efficiency («CORE») program and similar strategies; BlackBerry's plans and expectations regarding marketing and promotional programs; and BlackBerry's estimates
of purchase obligations and other contractual commitments.
State statutes restrict the use
of drones by
law enforcement, the use
of drones over critical infrastructure, and flights over private property, among other types
of operations.
Someone called me for advice about their
operation of a cannabis dispensary, clearly confused about whether the
law around it is unsettled.
Last month, Alibaba showcased some
of those capabilities when it disclosed that its use
of algorithms, artificial intelligence and machine learning, coupled with data, helped to shutter 417 production rackets, arrested 332 suspects and seized fake goods valued at RMB 1.43 billion ($ 207.2 million) in a joint
operation with Chinese
law enforcement between April and July last year.
Aphria stood as one
of the few major marijuana growers in Canada that established significant
operations in the U.S.. However, the company has taken steps to reduce its U.S. exposure after the Toronto Stock Exchange threatened to delist the stocks
of members with ongoing business activities that violate U.S. federal marijuana
laws.
Given the fact that prior to the adoption
of the decree the appeal cryptocurrency assets in the country is not governed by
law, the document stipulates that legal persons have the right to own tokens, and, given the number
of features to carry out certain
operations.
In their statement, they said they agreed on the July start date «to ensure that mainland and Hong Kong market participants have sufficient time to prepare; to understand the differences in
laws and regulations, business requirements and
operations of the two markets; and to prudently assess and manage the risks.»
(1) engage in the «Geographic Area» (as defined below) as an employee, agent, consultant, advisor, independent contractor, proprietor, partner, officer, director, or otherwise
of a Competing Business (as defined below); (2) have any ownership interest (except for passive ownership
of one percent (1 %) or less in any entity whose securities have been registered under the Securities Act
of 1933 or Section 12
of the Securities Exchange Act
of 1934 or the securities
laws of any other jurisdiction
of the United States) in a Competing Business; or (3) participate in the financing,
operation, management, or control
of a Competing Business.