This form is a Merger Agreement. The form provides that if a cause of action should arise because of a dispute, the prevailing party will be entitled to recover reasonable attorneys' fees. The form must also be signed in the presence of a notary public.
North Carolina Merger Agreement
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State:
Multi-State
Control #:
US-00563
Format:
Word;
Rich Text
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FAQ
Merger Clause Defined Merger clauses, also called integration clauses, are contract provisions that signify a complete and final agreement among the parties. They also supersede preceding written and verbal contracts.
Merger Parties means, individually and collectively, the Company, the Shareholders, Merger Sub and Buyer.
In contract law, an integration clausealso sometimes called a merger clause or an entire agreement clauseis a provision that states that the terms of a contract are the complete and final agreement between the parties.
Primary tabs. In contract law, an integration clausealso sometimes called a merger clause or an entire agreement clauseis a provision that states that the terms of a contract are the complete and final agreement between the parties.
An anti-merger clause or non-merger clause is a contractual provision where the parties expressly state and agree that by entering into this agreement, they will not merge any other prior understanding or agreements oral or written.
A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions are commonly done to expand a company's reach, expand into new segments, or gain market share.
A Standard Document that may be used by a vendor and purchaser on closing of a transaction for the purchase and sale of commercial real property to confirm that all or some of the provisions of the agreement of purchase and sale do not merge in the transfer of the real property and survive the closing.
By Practical Law Corporate. A boilerplate clause ensuring that the parties' rights and obligations under the agreement continue after termination or completion of the agreement.
Merger Clause Benefits Sometimes, the parties to a contract have a longstanding relationship with verbal understandings of their rights and obligations. Merger clauses negate those prior arrangements. They also help incentivize all parties to the contract to put all the important parts of the agreement in writing.