Purchase and Settlement. (a) Subject to the terms and conditions of this Letter Agreement, on [_*_] (the “Purchase Date”), the Company agrees to purchase from Bank, and Bank agrees to sell to the Company, a number of shares of Common Stock equal to the Settlement Number. On the first Trading Day immediately following the Purchase Date, the Company shall deliver the Prepayment Amount to Bank. Such payment shall be effected in accordance with the Bank’s customary procedures.
Appears in 5 contracts
Samples: Letter Agreement (Procter & Gamble Co), Letter Agreement (Procter & Gamble Co), Confidential Treatment (Procter & Gamble Co)
