Common use of Joint Privilege Clause in Contracts

Joint Privilege. The Stockholders and Purchaser acknowledge and agree that the attorney-client privilege, attorney work product doctrine, and expectation of client confidence involving the Business or Marquis and arising prior to the Closing for the benefit of both Stockholders and Marquis shall be subject to a joint privilege between Stockholders, on the one hand, and Marquis, on the other hand, and Stockholders and Marquis shall have equal right to assert all such joint privilege and protection and no such joint privilege may be waived by (a) any Stockholder without the prior written consent of Marquis or (b) Marquis without the prior written consent of the Stockholders’ Representative.

Joint Privilege. The Stockholders Stockholder and Purchaser acknowledge and agree that the attorney-client privilege, attorney work product doctrine, and expectation of client confidence involving the Business or Marquis the Company and arising prior to the Closing for the benefit of both Stockholders the Stockholder and Marquis the Company shall be subject to a joint privilege between Stockholdersthe Stockholder, on the one hand, and Marquisthe Company, on the other hand, and Stockholders the Stockholder and Marquis the Company shall have equal right to assert all such joint privilege and protection and no such joint privilege may be waived by (a) any the Stockholder without the prior written consent of Marquis the Company or (b) Marquis the Company without the prior written consent of the Stockholders’ RepresentativeStockholder.