Common use of Consultation Right Clause in Contracts

Consultation Right. The Purchaser shall have the right to regularly consult with Seller's Board and executive and financial management with respect to Seller's Business and to make proposals with respect to such Business. The parties agree that the Board and executive and financial management are under no obligation to take any action with respect to the proposals and other advice given by the Purchaser; however, Seller agrees to direct its executive and financial management and the Board to take such proposals and advice seriously and give due consideration thereto.