M&A Boot Camp booklet 2023 - Flipbook - Page 145
10.8 Governing Law; Dispute Resolution.
(a) Governing Law. This Agreement shall be construed in accordance with, and governed in all respects by, the internal laws of the
State of Delaware (without giving effect to principles of conflicts of laws).
(b) Venue. Except as otherwise provided in the Escrow Agreement or in Section 10.8(c), any Legal Proceeding relating to this
Agreement or the enforcement of any provision of this Agreement (including a Legal Proceeding based upon intentional misrepresentation
or fraud) may be brought or otherwise commenced in any state or federal court located in the State of Delaware. Each party to this
Agreement: (i) expressly and irrevocably consents and submits to the jurisdiction of each state and federal court located in the State of
Delaware (and each appellate court located in the State of Delaware) in connection with any such Legal Proceeding; (ii) agrees that each
state and federal court located in the State of Delaware shall be deemed to be a convenient forum; and (iii) agrees not to assert (by way of
motion, as a defense or otherwise), in any such Legal Proceeding commenced in any state or federal court located in the State of Delaware,
any claim that such party is not subject personally to the jurisdiction of such court, that such Legal Proceeding has been brought in an
inconvenient forum, that the venue of such proceeding is improper or that this Agreement or the subject matter of this Agreement may not
be enforced in or by such court.
(c) Indemnification Claims. Any claim for indemnification, compensation or reimbursement pursuant to Section 9 (and, at the option of
any Indemnitee, any other claim for a monetary remedy, such as in the case of a claim based upon intentional misrepresentation or fraud,
relating to this Agreement or the Merger after the Closing) shall be brought and resolved exclusively in accordance with Exhibit B being
understood that, for the avoidance of doubt and without limiting any portion of Section 10.8(b): (i) at the option of any Indemnitee, any claim
based upon intentional misrepresentation or fraud may be brought and resolved in accordance with Section 10.8(b) rather than in accordance
with Exhibit B; and (ii) nothing in this Section 10.8(c) shall prevent Parent from seeking preliminary injunctive relief from a court of competent
jurisdiction).
10.9 Successors and Assigns. This Agreement shall be binding upon: (a) the Company and its successors and assigns (if any); (b) Parent
and its successors and assigns (if any); and (c) Merger Sub and its successors and assigns (if any). This Agreement shall inure to the benefit of:
(i) the Company; (ii) Parent; (iii) Merger Sub; (iv) the other Indemnitees; and (v) the respective successors and assigns (if any) of the foregoing.
After the Closing Date, Parent may freely assign any or all of its rights under this Agreement (including its indemnification rights under Section 9),
in whole or in part, to any other Person without obtaining the consent or approval of any other party hereto or of any other Person.
10.10 Remedies Cumulative; Specific Performance. The rights and remedies of the parties hereto shall be cumulative (and not alternative).
The parties to this Agreement agree that, in the event of any breach or threatened breach by any party to this Agreement of any covenant,
obligation or other provision set forth in this Agreement, for the benefit of any other party to this Agreement: (a) such other party shall be entitled
(in addition to any other remedy that may be available to it) to: (i) a decree or order of specific performance or mandamus to enforce the observance
and performance of such covenant, obligation or other provision; and (ii) an injunction restraining such breach or threatened breach; and (b) such
other party shall not be required to provide any bond or other security in connection with any such decree, order or injunction or in connection
with any related action or Legal Proceeding.
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