Common use of Competing Transactions Clause in Contracts

Competing Transactions. The Stockholder will notify Parent and Merger Sub immediately (and in any event within 24 hours) if any proposals are received by, any information is requested from, or any negotiations or discussions are sought to be initiated or continued with such Stockholder, the Company or the Company's Representatives in each case in connection with any Competing Transaction, indicating, in connection with such notice the name of the person making such proposal, requesting such information or seeking to initiate negotiations or discussions with the Stockholder, the Company or the Company's Representatives that relate to a Competing Transaction and the material terms and conditions of any proposals or offers.