Participation in Litigation. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled or compromised without Parent’s prior written consent, not to be unreasonably withheld, conditioned or delayed.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ren Jinsheng), Agreement and Plan of Merger (Simcere Pharmaceutical Group)
Participation in Litigation. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated herebyTransactions, and no such litigation shall be settled or compromised without Parent’s prior written consent, consent (which consent shall not to be unreasonably withheld, conditioned or delayed).
Appears in 1 contract
Samples: Agreement and Plan of Merger (China Nepstar Chain Drugstore Ltd.)
Participation in Litigation. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated herebyTransactions, and no such litigation shall be settled or compromised without Parent’s prior written consent, which consent shall not to be unreasonably withheld, conditioned delayed or delayedconditioned.
Appears in 1 contract
Samples: Agreement and Plan of Merger (eFuture Holding Inc.)
Participation in Litigation. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled or compromised without Parent’s prior written consent, consent (such consent not to be unreasonably withheld, conditioned or delayed).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Funtalk China Holdings LTD)
Participation in Litigation. The Company shall give Parent the opportunity to participate in the defense or settlement of any shareholder stockholder litigation against the Company and/or its directors relating to the transactions contemplated hereby, and no such litigation shall be settled or compromised without Parent’s 's prior written consent, consent (such consent not to be unreasonably withheld, conditioned or delayed).
Appears in 1 contract
Samples: Agreement and Plan of Merger (China TransInfo Technology Corp.)