{'index': 4, 'text': '8.6\tMatching Right\n \n\n(a)\tWithout limiting clause \u200e8.3, during the Exclusivity Period, Target must:\n \n\n(i)\tnot enter into any agreement, arrangement or understanding (whether or not in writing) under which a third party, Target or both propose to undertake or give effect to a Target Competing Proposal;\n \n\n(ii)\tensure that none of Target Directors changes, withdraws or modifies their recommendation of the Takeover Bid in favour of a Target Competing Proposal,\n \n\nunless:\n\n \n\n(iii)\tthe Target Board, acting reasonably and in good faith, has determined that the Target Competing Proposal is, or would reasonably likely lead to, a Superior Proposal;\n \n\n(iv)\tTarget has complied with its notification obligations under clause \u200e8.5(a) and is not in breach of its obligations under clauses \u200e8.3 and \u200e8.4;\n \n\n(v)\tTarget has first given Bidder 5 Business Days’ notice in writing of the proposed action described in clause \u200e8.6(a)(i) and/or \u200e8.6(a)(ii);\n \n\n(vi)\tTarget has provided to Bidder with that notice the material terms and conditions of the Target Competing Proposal including the price or implied value, payment terms, form of consideration, timing, break fee (if any) and the identity of the proponent of the Target Competing Proposal; and\n \n\n(vii)\tin relation to clause \u200e8.6(a)(ii), clause \u200e5.1(c)(ii) has been satisfied.'}
Instruction: Read the segment of a merger agreement and answer the multiple-choice question by choosing the option that best characterizes the agreement.
Question: How long is the initial matching rights period in connection with the Fiduciary Termination Right (FTR)?
Option A: 2 business days or less
Option B: 3 business days
Option C: 3 calendar days
Option D: 4 business days
Option E: 4 calendar days
Option F: 5 business days
Option G: 5 calendar days
Option H: Greater than 5 business days

Merger Agreement: SECTION 5.3 No Solicitation by the Company; Company Recommendation. <omitted> (d) <omitted> provided, however, that the Company Board and the Company Special Committee shall not, and shall cause the Company not to, make a Company Adverse Recommendation Change in connection with a Company Superior Proposal unless (I) the Company has given Parent at least four (4) Business Days’ prior written notice of its intention to take such action (which notice shall reasonably describe the material terms of the Company Superior Proposal or attach the agreement and all material related documentation providing for such Company Superior Proposal), (II) the Company has negotiated, and has caused its Representatives to negotiate, in good faith with Parent during such notice period, to the extent Parent wishes to negotiate, to enable Parent to propose in writing a binding offer to effect revisions to the terms of this Agreement such that it would cause such Company Superior Proposal to no longer constitute a Company Superior Proposal, (III) following the end of such notice period, the Company Board or the Company Special Committee shall have considered in good faith any such binding offer from Parent, and shall have determined that the Company Superior Proposal would continue to constitute a Company Superior Proposal if the revisions proposed in such binding offer were to be given effect and (IV) in the event of any material change to the material terms of such Company Superior Proposal, the Company shall, in each case, have delivered to Parent an additional notice consistent with that described in clause (I) above and the notice period shall have recommenced, except that the notice period shall be at least two (2) Business Days (rather than the four (4) Business Days otherwise contemplated by clause (I) above); (Page 47)
Answer: D

Merger Agreement: {{text}}
Answer:
Instruction: Read the segment of a merger agreement and answer the multiple-choice question by choosing the option that best characterizes the agreement.
Question: How long is the initial matching rights period in connection with the Fiduciary Termination Right (FTR)?
Option A: 2 business days or less
Option B: 3 business days
Option C: 3 calendar days
Option D: 4 business days
Option E: 4 calendar days
Option F: 5 business days
Option G: 5 calendar days
Option H: Greater than 5 business days
(vii)	in relation to clause ‎8.6(a)(ii), clause ‎5.1(c)(ii) has been satisfied.
Answer: