Common use of Going Public Clause in Contracts

Going Public. Purchaser understands and agrees that CMGB is to become a publicly-traded company pursuant to a so-called distributive registration, that is, a to-be-determined percentage of CMGB common stock would be distributed as a dividend to the shareholders of COWI. In this regard, CMGB represents and agrees that it shall pursue such objectives with all reasonable diligence and effort.