No Obligations of Parent. (a) Parent and its Affiliates shall have the power and right to control all aspects of their businesses and operations (and all of their assets and products), and subject to its compliance with the terms of this Agreement, Parent and its Affiliates may exercise or refrain from exercising such power and right as it may deem appropriate and in the best overall interests of Parent and its Affiliates and its and their equityholders, rather than the interest of the Holders, (b) subject to Section 4.6, none of Parent or any of its Affiliates shall have any obligation to own, operate, use, sell, transfer, convey, license, develop, commercialize or otherwise exploit in any particular manner any of their business or operations (or any of their assets or products) or to negotiate or enter into any agreement, including in order to obtain, maximize or expedite the completion of any Milestone, and (c) none of Parent or any of its Affiliates (or any directors, officers, employees or other representatives of the foregoing) owes any fiduciary duty or similar duty to any Holder in respect of the CVRs.
No Obligations of Parent. None of Parent, Intermediate Parent, Merger Sub, the Company or the Surviving Corporation shall have any obligations to the Shareholders in respect of this Section 2.5.
No Obligations of Parent. Other than rights under this Agreement relating to the Shareholder Representative, none of Parent, Merger Sub or Surviving Entity shall have any rights in connection with or any obligations to the Shareholders in respect of this Article VIII. The Shareholder Representative agrees that it shall, and shall cause the Shareholder Representative’s accountants, representatives, attorneys and advisors to hold all information acquired during the Shareholder Representative’s examination of any Parent or Surviving Entity books and records and during any resolution of a dispute hereunder in strict confidence and use such information only for purposes in furtherance of resolution of such dispute.
No Obligations of Parent. Parent is not responsible for any obligations of the Employer or any successor to the Company, to the Executive and his heirs and assigns under this Agreement. In no event shall this Section 7.4 relieve the Company or Parent, as the case may be, from its responsibility under Section 14.1.
