Notice of Alternative Transaction Proposals. In the event that the Company or any of its Representatives shall receive, prior to the Closing Date or the termination of this Agreement, any written offer or proposal that would to lead to an Alternative Transaction (each, a “Solicitation”), the Company shall promptly (and in any event within three (3) days) notify Acquiror of the existence of the Solicitation to the extent permissible under confidentiality obligations owed by the Company.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Iridex Corp), Asset Purchase Agreement (Iridex Corp)