Common use of Negotiations with Others Clause in Contracts

Negotiations with Others. During the period from the date of this Agreement to the Closing Date, neither the Members nor the Company shall, directly or indirectly, engage in discussions or negotiations with any person or entity concerning any possible proposal regarding a sale or transfer of all or any part of the Interests or the assets or business operations of CNS. The Members agree to disclose to the Company the existence and content of any communication they receive concerning any such possible proposal as soon as practicable after receipt of the communication.

Appears in 3 contracts

Sources: Exchange Agreement (Wellness Center USA, Inc.), Exchange Agreement (Wellness Center USA, Inc.), Exchange Agreement (Wellness Center USA, Inc.)