Counsel Acknowledgment. Each Party acknowledges, on behalf of itself and each other member of its Group that, notwithstanding Cravath, Swaine & Xxxxx LLP (“Cravath”) acting as counsel to Vista Outdoor prior to the Closing in connection with this Agreement, the other Transaction Documents and the transactions contemplated hereby and thereby, following the Closing, (a) subject to Section 6.08, Cravath will not have any professional obligations to Vista Outdoor arising from the services rendered by Cravath to Vista Outdoor prior to the Closing in connection with this Agreement, the other Transaction Documents and the transactions contemplated hereby and thereby, including with respect to confidentiality or conflicts of interest, and any such professional obligations shall be owed to Revelyst, (b) none of Vista Outdoor, Parent or any of their respective Affiliates shall assert that Cravath has any conflicts of interest solely based on Cravath’s representation of Vista Outdoor prior to the Closing and (c) none of Vista Outdoor, Parent or any of their respective Affiliates shall object (i) to Cravath acting as counsel to Revelyst, including in any Action involving Vista Outdoor, Parent or any of their respective Affiliates (including any Action relating to this Agreement, any other Transaction Document or any of the transactions contemplated hereby or thereby), solely based on Cravath’s representation of Vista Outdoor prior to the Closing, or (ii) subject to Section 6.08, to Cravath using any information obtained in its representation of Vista Outdoor prior to the Closing, including information relating to this Agreement, the other Transaction Documents and the transactions contemplated hereby and thereby. Each Party, on behalf of itself and each other member of its Group, further agrees that Cravath and its respective partners and employees are third party beneficiaries of this Section 6.10.
Counsel Acknowledgment. Each Party acknowledges, on behalf of itself and each other member of its Group, notwithstanding anything to the contrary contained herein, that Vista Outdoor has retained Cravath, Swaine & Xxxxx LLP (“Cravath”) to act as its counsel in connection with this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby. [Outdoor Products] hereby acknowledges on behalf of itself and each other member of its Group that any information about [Outdoor Products] provided to Cravath by Outdoor Products was provided to Cravath in its capacity as counsel to Vista Outdoor, and that because Cravath has not represented [Outdoor Products], Cravath does not and will not have any professional obligations to [Outdoor Products] including with respect to confidentiality or conflicts of interest unless [Outdoor Products] separately retains Cravath pursuant to an executed engagement letter. Each Party, on behalf of itself and each other member of its Group, further agrees that Xxxxxxx and its respective partners and employees are third party beneficiaries of this Section 7.10.
