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An integration clause?sometimes called a merger clause or an entire agreement clause?is a legal provision in Contract Law that states that the terms of a contract are the complete and final agreement between the parties.
What is an Agreement Of Merger? An agreement of merger is a legal document that establishes the terms and conditions to combine two or more businesses into one new entity. The business owners of the merging companies agree to sell all their stock and assets to the newly formed company for an agreed upon price.
In contract law, a merger clause, or integration clause, absorbs an inferior form of contract into a superior form of contract on the same subject matter, making the final written contract complete and binding.
?parties? means Parent, Merger Sub and the Company.
Your Operating Agreement gives confidence and impacts the price to those who would offer you riches to merge, acquire, or buy your business. The Operating Agreement protects the owner's personal assets.