Common use of Purchased Equity Clause in Contracts

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 831 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.858 shares of the Company's Class A Common Stock, par value $0.01 per share (the "Class A Common Stock").

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 831 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.858 shares of the Company's ’s Class A Common Stock, par value $0.01 per share (the "“Class A Common Stock"”).

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 831 1,901 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.858 54.576 shares of the Company's Class A Common Stock, par value $0.01 per share (the "Class A Common Stock").

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 831 813 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.858 23.334 shares of the Company's ’s Class A Common Stock, par value $0.01 per share (the "“Class A Common Stock"”).

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 831 5,795 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.858 166.357 shares of the Company's Class A Common Stock, par value $0.01 per share (the "Class A Common Stock").