Capture. (a) In the event that any of the Stockholder's Shares are sold, transferred, exchanged, canceled or disposed of in connection with or as a result of any Acquisition Proposal that is in existence on or that otherwise has been made prior to the first anniversary of the Termination Date (an "Alternative Disposition") then, within five business days after the closing of such Alternative Disposition, the Stockholder shall tender and pay to, or shall cause to be tendered and paid to, the Parent, or its designee, in immediately available funds, 100% of the Profit realized from such Alternative Disposition. As used in this Section 3(a), "
Appears in 4 contracts
Samples: Stockholder Agreement (Triathlon Broadcasting Co), Stockholder Agreement (Triathlon Broadcasting Co), Stockholder Agreement (Triathlon Broadcasting Co)
Capture. (a) In the event that any the Shares of the Stockholder's Shares Stockholder are sold, transferred, exchanged, canceled or disposed of in connection with or as a result of any Acquisition Proposal that is in existence on on, or that otherwise has been otherwise made prior to the first anniversary of of, the Termination Date (an "Alternative Disposition") then, within five business days after the closing of such Alternative Disposition, the Stockholder shall tender and pay to, or shall cause to be tendered and paid to, the Parent, Parent (or its designee), in immediately available funds, 100% of the Profit realized from such Alternative Disposition, less any withholdings. As used in this Section 3(a4(a), "
Appears in 2 contracts
Samples: Stockholder Agreement (International Home Foods Inc), Stockholder Agreement (International Home Foods Inc)
Capture. (a) In the event that any of the Stockholder's Shares are sold, transferred, exchanged, canceled or disposed of in connection with or as a result of any Acquisition Proposal that is in existence on or that otherwise has been otherwise made prior to the first anniversary of the Termination Date (an "Alternative Disposition") then, within five business days after the closing of such Alternative Disposition, the Stockholder shall tender and pay to, or shall cause to be tendered and paid to, the Parent, or its designee, in immediately available funds, 10030% of the Profit realized from such Alternative Disposition. As used in this Section 3(a), "
Appears in 2 contracts
Samples: Stockholder Agreement (Sillerman Robert F X), Stockholder Agreement (SFX Entertainment Inc)
