Xxxxx of Right. For the term specified in Section 2 hereof, Hellasco agrees to grant to the Company (i) in its certificate of incorporation or equivalent document or (ii) by action of its board of directors and/or shareholders, as applicable, a right of first refusal to any corporate opportunities belonging to it that concern a Business Combination (as defined herein). Decisions by the Company to release Hellasco to pursue any corporate opportunity concerning a Business Combination will be made by a majority of the Company’s disinterested directors.
Appears in 4 contracts
Samples: Right of First Refusal And (Seanergy Maritime Corp.), Right of First Refusal And (Seanergy Maritime Corp.), Right of First Refusal And (Seanergy Maritime Corp.)
