PUBLICITY
Other Names: No Publicity • Public Announcements
Sample Clause Language:
Except as may be required by applicable Law, none of the Parties shall issue a press release or public announcement or otherwise make any disclosure concerning this Agreement or the transactions contemplated hereby, without prior written consent of the other Parties. If any announcement is required by applicable Law to be made by a Party, prior to making such announcement or disclosure such Party, to the extent reasonably practicable, will deliver a draft of such announcement to the other party and shall give the other party a reasonable opportunity to comment thereon. Notwithstanding anything to the contrary herein, the Parties may [(i) disclose the terms and provisions of this Agreement in, and/or file this Agreement as an exhibit to, any report required to be filed with the Securities and Exchange Commission and (ii)] publish, make, repeat or otherwise use any statement previously consented to by the other Parties unless and until another Party objects in writing to the use thereof.
Source: Hc2 Holdings, Inc. (2019, November 5). Form 10-Q. Retrieved from SEC EDGAR website http://www.sec.gov/edgar.shtml
Description:
Publicity clauses govern the issuance of press releases or public announcements regarding the agreement and/or any other party. The sample clause here is mutual and drafted to be neutral. Each party needs to obtain prior consent to make public statements except (1) as required by law (which the other party gets a chance to comment), (2) as required under securities exchange rules, or (3) previously approved statements.
Common Contracts with this Clause:
- All Commercial Agreements
What you'll see with Lawgood:
Four (4) Alternative Positions
- Mutual (Prior Consent)
- Mutual (Approved Release as Exhibit)
- Unilateral (Right to Approve)
- Unilateral (Right to Review)
Draft better contracts with Lawgood.