Post-Closing Representation of Shareholders

Description

This smart field captures the agreement by the parties that, in the event of a post-closing dispute, the target company and/or purchaser waives the potential conflict of interest arising out of any representation of the target company’s shareholders by legal counsel to the target company and its shareholders in connection with the transaction. It also captures the target company’s and/or purchaser’s consent for such legal counsel to represent the target company’s shareholders post-closing. This smart field was trained on share purchase agreements, asset purchase agreements and merger agreements.