Joint Call by Holdings and Ares Sample Clauses

Joint Call by Holdings and Ares. If (i) any Class A Securityholder is employed by the Company or any of its direct or indirect Subsidiaries or (ii) any Class A Securityholder is a consultant to the Company or any of its direct or indirect Subsidiaries, and such employment or consulting relationship shall, during the Call Period, be terminated by the Company for Cause or be voluntarily terminated by such Class A Securityholder (in either case, a “Call Event”), then Holdings and Ares shall have the option to purchase (the “Call Option”) on a Pro Rata basis, at the Per Share Call Price, and such Class A Securityholder shall be required to sell, all or any portion of the Securities held by such Class A Securityholder (collectively, the “Call Securities”), such option to be exercised within sixty (60) days after the Call Event by the giving of an exercise notice (the “Call Notice”) to such Class A Securityholder (with a copy of such Call Notice to the Company).
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