Common use of Presentation of Potential Target Businesses Clause in Contracts

Presentation of Potential Target Businesses. The Company shall cause each of the Insider Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Insider Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire a Target Business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Insider Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary obligations the Initial Stockholders might have.

Appears in 4 contracts

Samples: Underwriting Agreement (Fortress America Acquisition CORP), Underwriting Agreement (Fortress America Acquisition CORP), Underwriting Agreement (Fortress America Acquisition CORP)

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