Common use of Initial Equity Investment Clause in Contracts

Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

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Initial Equity Investment. Subject to the execution of the Option Agreement and the Stockholders Agreement entered into pursuant to the terms of the Purchase Agreement (as defined in Section 7(e) of this the “Stockholders Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 750,000 in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 800,000 in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 0.8 million in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

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Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 1.8 million in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

Initial Equity Investment. Subject to the execution of the Option Agreement and Stockholders Agreement (as defined in Section 7(e) of this Agreement), each to be negotiated in good faith by the Executive and Chicken Acquisition Corp., Executive shall invest a minimum of $200,000 450,000 in Chicken Acquisition Corp. through a combination of Rollover Shares and Rollover Options (each as defined in the Purchase Agreement) the terms and conditions of which are substantially set forth on Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (EPL Intermediate, Inc.)

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