Fiduciary Termination Right


This smart field captures a board of directors’ right to terminate the contemplated transaction in response to a superior proposal or an intervening event where failure to do so would be inconsistent with its fiduciary duties and/or applicable law. This smart field was trained on share purchase agreements, asset purchase agreements and merger agreements.


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Document Types

  • 96% Business Transaction Agt
  • 3% Governance Agt
  • 1% Other


  • M&A Deal Points (Public Target)


  • 100% English