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Hello everyone,
Can I get 11 likes to enable DM
Additional Posts in Corporate Transactional Law
Does anyone want to be my M&A coach? Will pay.
Who’s planning on leaving after getting their bonus?
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Likely yes, but you can include language clarifying materiality if you want
Just define material and save the headache.
If it’s subject to the material qualifier then you have to provide the breaching party the right to cure. If there is a specific warranty that the company is trying to manage risk over then you need to expressly state that a breach of section x is a breach that can be terminated immediately contrary to the cure period.