Lease Arrangements. To the extent any of the STOCKHOLDERS own any interest in any real property which is leased to the COMPANY, and such property is to be used in the COMPANY'S business after the Consummation Date, NEWCO and the applicable STOCKHOLDERS shall either enter into a lease for such premises on such fair market terms and conditions as may be agreed upon by NEWCO and the STOCKHOLDERS or amend the existing lease to reflect the fair market terms and conditions agreed upon by NEWCO and the STOCKHOLDERS (the "Lease Arrangement").
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Vestcom International Inc), Merger Agreement (Vestcom International Inc), Agreement and Plan of Reorganization (Vestcom International Inc)
Lease Arrangements. To the extent any of the STOCKHOLDERS own any interest in any real property which is leased to the COMPANY, and such property is to be used in the COMPANY'S business after the Consummation Date, NEWCO and the applicable STOCKHOLDERS shall either enter into a lease for such premises on such fair market terms and conditions as may be agreed upon by NEWCO and the STOCKHOLDERS or will amend the existing lease to reflect the fair market terms and conditions agreed upon by NEWCO and the STOCKHOLDERS (the "Lease Arrangement").
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Vestcom International Inc)
