Presentation of Potential Target Businesses. The Company shall cause each of the Directors/Officers, Special Advisors and Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Directors/Officers, Special Advisors and Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary obligations such Director/Officer, Special Advisor or Initial Stockholder might have.
Appears in 9 contracts
Samples: Underwriting Agreement (United Refining Energy Corp), Underwriting Agreement (TransTech Services Partners Inc.), Underwriting Agreement (TransTech Services Partners Inc.)
Presentation of Potential Target Businesses. The Company shall cause each of the Directors/Officers, Special Advisors and Initial Stockholders and its directors and officers to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, each of the Directors/Officers, Special Advisors and Initial Stockholders and the Company’s directors and officers will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary obligations such Director/Officer, Special Advisor each of the Initial Stockholders or Initial Stockholder the Company’s directors and officers might have.
Appears in 2 contracts
Samples: Underwriting Agreement (Minority Equality Opportunities Acquisition Inc.), Underwriting Agreement (Minority Equality Opportunities Acquisition Inc.)