What is a “Background” or “Recitals” clause?..
The recitals of an agreement will describe what the agreement is about (e.g. the purchase of shares or assets), the role of the parties and the relationship between the parties (among others). The recitals are intended to set the background for the agreement and can thus aid in the interpretation of the agreement.
Blogs related to this clause:
Can emails be considered confidential information, and therefore can come under the obligation to return or destroy?
June 1 2017
COURT ORDERS DELETION OF CONFIDENTIAL EMAILS Pakage Apparel Inc [...]
September 3 2015
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