Common use of General Cooperation Clause in Contracts

General Cooperation. During the Pre-Closing Period, the Acquired Companies will use their reasonable best efforts to operate their businesses in such a manner as to achieve a smooth transition consistent with the respective business interests of the Acquired Companies and Parent. In this regard, the Acquired Companies and Parent agree that they will enter into good-faith discussions concerning the businesses of the Acquired Companies, including but not limited to personnel policies and procedures, and other operational matters.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Norstan Inc), Agreement and Plan of Merger (Foster L B Co), Agreement and Plan of Merger (Foster L B Co)

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