Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 124

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 124
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, we will, and will cause each of our subsidiaries and our and their directors and officers to, and will instruct our and our subsidiaries’ other representatives to, (A) promptly cease and cause to be terminated all existing discussions and 81

negotiations with any person with respect to any Acquisition Proposal or potential Acquisition Proposal and promptly terminate all physical and electronic data room access previously granted to any such person, (B) request the prompt return or destruction of all confidential information previously furnished with respect to any Acquisition Proposal or potential Acquisition Proposal, and (C) not terminate, waive, amend, release or modify any provision of any confidentiality or standstill agreement to which it or any of its affiliates or representatives is a party with respect to any Acquisition Proposal or potential Acquisition Proposal, and shall use commercially reasonable efforts to enforce the provisions of any such agreement, which may include seeking any injunctive relief available to enforce such agreement ( provided, that the Company shall be permitted to grant a limited waiver of any standstill provision solely to the extent necessary to permit any person to make a non-public AcquisitionProposal to the Board and solely to the extent that the Board has determined in good faith, after consultation with its outside counsel), that failure to take such action (i) would prohibit the counterparty from making an unsolicited Acquisition Proposal to the Board and (ii) would constitute, or would reasonably be expected to constitute, a breach of its fiduciary duties under applicable law. Subject to compliance with the other provisions described in this section “-NoSolicitation of Acquisition Proposals” and in the section entitled “-Obligation of Our Board of Directors with Respect to Its Recommendation,” at any time prior to the earlier of obtaining the Company Stockholder Approval and the termination of the Merger Agreement in accordance with its terms, if (1) we or any of our subsidiaries has received a bona fide written acquisition proposal from a third party (that did not result from a breach of our obligations described under this section “-NoSolicitation of Acquisition Proposals” and in the section entitled “-Obligation of Our Board of Directors with Respect to Its Recommendation”), (2) the Board determines in good faith, after consultation with its financial and outside legal advisors, that such acquisition proposal constitutes, or could reasonably be expected to lead to, a Superior Proposal (as described below) and (3) the Board determines in good faith (after consultation with outside counsel) that the failure to take the actions referred to in the bullets below would reasonably be expected