Examlex
The company planning a public offering must first select an investment bank.
Intended Beneficiary
An individual or entity that is not a direct party to a contract but stands to benefit from its performance.
Rights
Legal, social, or ethical principles of freedom or entitlement.
Contract
A legally binding agreement between two or more parties that delineates the terms of their relationship and obligations to each other.
Vesting
The process by which an employee earns the right to receive full benefits from the employer's contribution to a pension plan or stock option plan over time.
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