Common use of Notification and Amendments under Non-Redemption Deeds Clause in Contracts

Notification and Amendments under Non-Redemption Deeds. (a) Within ten (10) Business Days of Sponsor making a payment to an FWD Party (or any of its Permitted Transferees (as defined in the Non-Redemption Deeds)) under a Non-Redemption Deed, Sponsor shall give PubCo written notice of (i) the amount of such payment; (ii) the number of Sponsor Support Shares sold to discharge such payment; and (iii) the number of Remaining Support Shares held by Sponsor. (b) Xxxxxxx agrees with PubCo that it will not amend any Non-Redemption Deed in a manner adverse to the rights of PubCo or any Former Hyphen Equity Holder under this Section 6, without the prior written consent of the board of directors of PubCo.