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VRSN » Topics » 2. R EPRESENTATIONS AND W ARRANTIES OF S ELLER .

This excerpt taken from the VRSN 8-K filed Nov 23, 2005.

2. REPRESENTATIONS AND WARRANTIES OF SELLER.

 

Seller represents and warrants, to and for the benefit of the Purchaser Indemnified Persons, as follows:

 

2.1 Due Organization. Seller and each Subsidiary of Seller that owns any Transferred Assets or is otherwise involved in the Business is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

 

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