Common use of Potential Transactions Clause in Contracts

Potential Transactions. Seller acknowledges that he has been fully informed regarding (a) the Company's recent negotiations with a third party relating to the potential sale of the Company, and (b) the Company's determination to terminate such negotiations and to pursue an initial public offering, including without limitation the various valuations attributed to the Company.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Heelys, Inc.), Stock Purchase Agreement (Heelys, Inc.)