Xxxxx of Right. For the term specified in Section 2 hereof, Hellasco agrees to grant to the Company (i) in its certificate of incorporation or equivalent document or (ii) by action of its board of directors and/or shareholders, as applicable, a right of first refusal to any corporate opportunities belonging to it that concern a Business Combination (as defined herein). Decisions by the Company to release Hellasco to pursue any corporate opportunity concerning a Business Combination will be made by a majority of the Company’s disinterested directors.
Appears in 4 contracts
Samples: Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.), Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.), Right of First Refusal and Corporate Opportunities Agreement (Seanergy Maritime Corp.)
