Incredimail 2011 Annual Report Download - page 196

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(p) the Company shall not change any of its methods of accounting or accounting practices in any material respect, or alter its practices with
respect to the collection of receivables or payment of payables except as required by concurrent changes in GAAP;
(q) the Company shall not make any Tax election;
(r) the Company shall not commence or settle any material Legal Proceeding;
(s) the Company shall not enter into any transaction or relationship with any Related Party; and
(t) the Company shall not agree or commit to take any of the actions described in clauses “(f)” through “(s)” above.
5.2 No Negotiation . During the Pre-
Closing Period, neither the Company nor any of its officers, directors, employees or other agents shall directly or
indirectly:
(a) solicit or encourage the initiation of any inquiry, proposal or offer from any Person (other than Parent and Purchaser) relating to a possible
Acquisition Transaction;
(b) participate in any discussions or negotiations or enter into any agreement with, or provide any information to, any Person (other than
Parent and Purchaser) relating to or in connection with a possible Acquisition Transaction (except outstanding Company Warrants set forth in Part 2.3(c)
of the
Disclosure Schedule); or
(c) consider, entertain or accept any proposal or offer from any Person (other than Parent and Purchaser) relating to a possible Acquisition
Transaction (except outstanding Company Warrants set forth in Part 2.3(c) of the Disclosure Schedule).
The Company shall promptly notify Purchaser in writing of any inquiry, proposal or offer relating to a possible Acquisition Transaction that is received by the
Company or any Representatives thereof during the Pre-Closing Period, including the material terms thereof.
5.3 Access to Information .
(a) During the Pre-
Closing Period, (i) the Company shall afford Parent and Purchaser and their accountants, counsel and other representatives,
reasonable access upon reasonable prior notice and during normal business hours to (A) all of the Company’
s properties, books, Contracts and records and (B) all
other information concerning the business, properties and personnel (subject to restrictions imposed by applicable Legal Requirements) of the Company as Parent or
Purchaser may reasonably request, and (ii) the Company shall make available to Parent and Purchaser and their accountants, counsel and other representatives correct
and complete copies of the Company’
s (A) internal financial statements, (B) Tax Returns, Tax elections and all other records and workpapers relating to Taxes and (C)
receipts for any Taxes paid to foreign Tax Authorities, if any.
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