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Sunday, September 26, 2021 6:40:19 PM
I'd fathom a guess that you're out of your depth. Pun intended.
There's nothing unlawful by establishing a development agreement with tangential conditions identical to what TMDI and MDT are about to finish. The key is one's ability to recognize them, for that which is their true intent. Which is why there is a specific stipulation in the agreements, as it would apply to the MTD guest in attendance during BOD meetings, that permits them to be excused for specific actions as they would apply to conversations about competitors or attorney-client privilege.
So long as there is no restraint of trade, limitations on inter-state commerce, or any action that would trigger the Sherman or Clayton Antitrust acts, it can happen.
Good luck to all. Regards,BK.
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