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4.13 Patents and Trademarks.
To the Company’s knowledge, the Company has rights to use all Intellectual Property Rights that are necessary or material
for use in connection with its business as described in the SEC Filings and which the failure to so have could, individually or
in the aggregate, have or reasonably be expected to result in a Material Adverse Effect. Except as described in the SEC Filings,
the Company has not received any written notice that the Intellectual Property Rights used by the Company violates or infringes
upon the rights of any Person. Except as set forth in the SEC Filings, all such Intellectual Property Rights are enforceable and,
to the Company’s knowledge, do not violate or infringe the Intellectual Property Rights of others in any respect that would,
individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect and, to the Company’s knowledge,
there is no existing infringement by another Person of any of the Company’s Intellectual Property Rights.
4.14 Certificates,
Authorities and Permits. The Company has adequate certificates, authorities or permits issued by appropriate governmental agencies
or bodies necessary to conduct the business now operated by it, and the Company has not received any notice of proceedings relating
to the revocation or modification of any such certificate, authority or permit that, if determined adversely to the Company, could
reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.
4.15 Labor Matters.
(a)
The Company is not a party to or bound by any collective bargaining agreements or other agreements with labor organizations.
The Company has not violated in any material respect any laws, regulations, orders or contract terms, affecting the collective
bargaining rights of employees, labor organizations or any laws, regulations or orders affecting employment discrimination, equal
opportunity employment, or employees’ health, safety, welfare, wages and hours.
(b)
(i) There are no labor disputes existing, or to the Company’s Knowledge, threatened, involving strikes, slow-downs,
work stoppages, job actions, disputes, lockouts or any other disruptions of or by the Company’s employees, (ii) there are
no unfair labor practices or petitions for election pending or, to the Company’s Knowledge, threatened before the National
Labor Relations Board or any other federal, state or local labor commission relating to the Company’s employees, (iii) no
demand for recognition or certification heretofore made by any labor organization or group of employees is pending with respect
to the Company and (iv) to the Company’s Knowledge, the Company enjoys good labor and employee relations with its employees
and labor organizations.
(c) The
Company is in compliance in all material respects with all applicable laws respecting employment (including laws relating to
classification of employees and independent contractors) and employment practices, terms and conditions of employment,
wages and hours, and immigration and naturalization. There no claims are pending against the Company before the Equal
Employment Opportunity Commission or any other administrative body or in any court asserting any violation of Title VII of
the Civil Rights Act of 1964, the Age Discrimination Act of 1967, 42 U.S.C. §§ 1981 or 1983 or any other federal,
state or local Law, statute or ordinance barring discrimination in employment.
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