Common use of Prior Contacts Clause in Contracts

Prior Contacts. Finder is aware that Prospect, in its ongoing business, maintains active contacts with a large number of companies and financial advisors, and may have established contact with, or been introduced by another intermediary, to Candidate prior to the submission by Finder. In addition, Candidate may have retained an investment banker or advisor to sell the business and Prospect or the Prospect Affiliate is designated by Candidate or Candidate’s advisors as a potential acquirer of the business such that Prospect or the Prospect Affiliate is contacted by Candidate or its advisors. Should the foregoing be the case, Prospect or the Prospect Affiliate will not be responsible for any fees for the services of Finder with respect to any acquisition of Candidate by Prospect or the Prospect Affiliate.