Common use of Potential Litigation Clause in Contracts

Potential Litigation. The Company shall promptly provide to Parent copies of all pleadings and correspondence received by the Company in connection with any claim, suit, action, investigation or other proceeding before or by a Governmental Entity against the Company or its directors relating to the Transactions. The Company shall give Parent the opportunity to participate fully in the conduct of the defense or the settlement of any litigation against the Company and its directors relating to any of the Transactions. No settlement of any such litigation shall be agreed to without Parent’s prior written consent, such consent not to be unreasonably withheld.