Effect on contracts imposing reciprocal obligations

Where a merger results in purchase / delivery obligations, or similar obligations under contracts imposing reciprocal obligations, coinciding that, at the time of the merger, had not been completely performed by either of the parties and that are irreconcilable with each other, or the performance of each of which would impose an inequitable hardship on the acquiring legal entity, the scope of the obligations will be determined in an equitable manner, following an evaluation of the contractual rights of all parties involved.