Preliminary Proxy Material Sample Clauses

Preliminary Proxy Material. Despite the fact that, as a foreign private issuer, the Company is exempt from the proxy rules promulgated under the Exchange Act which prescribe the form and content of proxy statements (“Proxy Rules”) and will not be required to file with the Commission preliminary proxy solicitation materials regarding the Business Combination, the Company covenants to include the information and materials in its proxy statement seeking approval of the Business Combination as would be required if the Company were subject to the Proxy Rules.