Effectiveness; Closing. This Agreement shall be binding on Contributor upon its execution and delivery of this Agreement to the Company, and, if so executed and delivered prior to the IPO Closing, no further action on the part of Contributor shall be required to be taken at the IPO Closing to consummate the transactions contemplated by this Agreement. If the Reorganization Agreement terminates pursuant to Section 2.3 thereof, then (i) this Agreement shall also terminate and be of no further force or effect whatsoever, and (ii) the Contributor shall continue to own its Exchanged Units without exchange or modification under this Agreement, subject to the Existing Unit Agreements. XXXXXXX RISK PARTNERS, LLC, a Delaware limited liability company By: Name: Title:
Appears in 2 contracts
Samples: Reorganization Agreement (BRP Group, Inc.), Reorganization Agreement (BRP Group, Inc.)
Effectiveness; Closing. This Agreement shall be binding on Contributor the Members upon its their execution and delivery of this Agreement to the Company, and, if so executed and delivered prior to the IPO Closing, no further action on the part of Contributor the Members shall be required to be taken at the IPO Closing to consummate the transactions contemplated by this Agreement. If the Reorganization Agreement terminates pursuant to Section 2.3 thereof, then (i) this Agreement shall also terminate and be of no further force or effect whatsoever, and (ii) the Contributor Member shall continue to own its Exchanged Existing Units without exchange conversion or modification under this Agreement, subject to the Second Amended and Restated LLC Agreement and Existing Unit Agreements. XXXXXXX RISK PARTNERS, LLC, a Delaware limited liability company By: Name: Title:
Appears in 2 contracts
Samples: Reorganization Agreement (BRP Group, Inc.), Reorganization Agreement (BRP Group, Inc.)
