Circuit City 2007 Annual Report Download - page 94

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violate any Intellectual Property of any Person. There are no Legal Proceedings pending, or to the Knowledge of the Seller threatened, related to
the Seller Intellectual Property.
(iii)
Except as set forth in Section 3.6(c)(iii) of the Seller Disclosure Schedule, the execution, delivery and performance
of this Agreement and the other Internet Transfer Instruments, and the consummation of the transaction contemplated hereby and thereby, will
not, to Knowledge of the Seller, constitute a material breach of any Contract involving any Seller Intellectual Property, nor cause the forfeiture
or termination of any Seller Intellectual Property.
(iv)
The Seller and each member of the Internet Seller Group takes commercially reasonable efforts to maintain in
confidence, and to ensure the physical and electronic protection of, its Software, technology, websites, Trade Secrets, Specified Data and other
confidential Intellectual Property and information assets from unauthorized access, disclosure, use or modification. To the Knowledge of the
Seller, there has been no unauthorized access, disclosure, use or modification, or other breach of security involving any Software, technology,
websites, Trade Secrets, Specified Data or other Confidential Information or information assets relating to the Transferred Internet Business. To
the Knowledge of the Seller, all data including Specified Data that has been collected, stored, maintained or otherwise used by the Internet Seller
Group and relating to the Transferred Internet Business has been collected, stored, maintained and otherwise used in accordance with Applicable
Law. Neither Seller nor any member of the Internet Seller Group has received a notice of noncompliance with or other violation of Applicable
Law relating to such data and Specified Data including without limitation applicable data protection and privacy laws, rules and regulations. As
of the Internet Closing Date, CompUSA Holdings II Inc. will be the sole owner of the Specified Data. Other than as set forth in this Section 3.6
(c)(iv), neither Seller nor any member of the Internet Seller Group has sold, transferred, licensed or otherwise distributed the Specified Data or
any other Seller Intellectual Property to any Person prior to the Internet Closing Date. The Specified Data shall include, but shall not be limited
to, customer names, customer mail addresses, customer email addresses and customer purchase history of customers of the Transferred Internet
Business. Notwithstanding anything in this Agreement to the contrary, Specified Data shall not contain credit card information, social security
numbers or driver’s license numbers.
3.7
Litigation . Except with respect to any Legal Proceedings regarding which the aggregate Liability of the Internet Seller
Group thereunder, after recovery by the Internet Seller Group of all available insurance proceeds with respect thereto, is reasonably expected to
be less than $100,000, Section 3.7 of the Seller Disclosure Schedule lists (a) all Orders applicable to, and (b) all Legal Proceedings pending, or to
the Seller’s Knowledge, threatened against, the Internet Seller Group with respect to the Transferred Internet Business.
3.8
Finder’s Fee . Neither the Seller nor any member of the Internet Seller Group has incurred or become liable for any
broker’s commission or finder’s fee relating to or in connection with the transactions contemplated by this Agreement.
3.9
No Undisclosed Liabilities . As of the date hereof and as of the Internet Closing Date, CompUSA Holdings II Inc. has no
liabilities (whether absolute, accrued, contingent or otherwise), other than (i) liabilities incurred in connection with this Agreement and
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