Effect of Public Offering or Change in Control. Notwithstanding anything in this Agreement to the contrary, except for any payment obligation of the Company which has arisen prior to the occurrence of a Change in Control or Public Offering pursuant to which the Management Stockholder Entities have had the opportunity to request registration of the Stock, this Section 5 shall terminate and be of no further force or effect upon the occurrence of the earlier of such (i) Change in Control or (ii) Public Offering.
Appears in 2 contracts
Samples: S Agreement, Management Stockholder’s Agreement (Great North Imports, LLC)
Effect of Public Offering or Change in Control. Notwithstanding anything in this Agreement to the contrary, except for any payment obligation of the Company which has arisen prior to the occurrence of a Change in Control or Public Offering pursuant to which the Management Stockholder Entities have had the opportunity to request registration of the Stock, this Section 5 4 shall terminate and be of no further force or effect upon the occurrence of the earlier of such (i) Change in Control or (ii) Public Offering.
Appears in 1 contract
Samples: Management Stockholder’s Agreement (Great North Imports, LLC)
Effect of Public Offering or Change in Control. Notwithstanding anything in this Agreement to the contrary, except for any payment obligation of the Company which has arisen prior to the occurrence of a Change in Control or Public Offering pursuant to which the Management Stockholder Entities have had the opportunity to request registration of the Stock, this Section 5 4 shall terminate and be of no further force or effect upon the occurrence of the earlier of such (i) Change in Control or (ii) Public Offering.)
Appears in 1 contract
Samples: S Agreement
