A No-Shop Clause is a provision in an agreement in which one party agrees not to look to contract with other potential people for a specific time period. No-Shop Clauses are typically found in both acquisitions and financings in which the acquirer or VC involved does not want the startup looking elsewhere.
ACCELERATE YOUR STARTUP LAW KNOWLEDGE!
Startup Law doesn’t have to be a confusing maze. The practical knowledge in "Acceleration: What All Entrepreneurs Must Know About Startup Law" will help you make the smart decisions to protect your startup and its future. Available in ebook and hardcover.
Buy the Book on Amazon