Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's Units, over (B) the aggregate Cost of such Units.
Appears in 21 contracts
Samples: Management Stock Purchase and Unit Subscription Agreement (Mg Waldbaum Co), Management Stock Purchase and Unit Subscription Agreement (Mg Waldbaum Co), Unit Subscription Agreement (Michael Foods Inc/New)
Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to Investorsthe Company, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's ’s Units, over (B) the aggregate Cost of such Units.
Appears in 13 contracts
Samples: Management Unit Subscription Agreement (PGA Holdings, Inc.), Management Unit Grant Agreement (PGA Holdings, Inc.), Management Unit Grant Agreement (PGA Holdings, Inc.)
Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's ’s Units, over (B) the aggregate Cost of such Units.
Appears in 4 contracts
Samples: Senior Management Unit Subscription Agreement (Michael Foods Inc/New), Class G Unit Subscription Agreement (Michael Foods Inc/New), Class F Unit Subscription Agreement (Michael Foods Inc/New)
Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to InvestorsHoldings, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of all or any portion of Executive's Units, over (B) the aggregate Cost of such Unitsthe Units sold or disposed of.
Appears in 1 contract
Samples: Management Unit Subscription Agreement (Pro Fac Cooperative Inc)
Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's ’s Class E Units, over (B) the aggregate Cost of such Class E Units.
Appears in 1 contract
Samples: Unit Subscription Agreement (Michael Foods Inc/New)
Repayment of Proceeds. If Executive engages in Competitive Activity, --- --------------------- then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's Units, over (B) the aggregate Cost of such Units.
Appears in 1 contract
Samples: Management Stock Purchase and Unit Subscription Agreement (M Foods Investors LLC)
Repayment of Proceeds. If Executive engages in Competitive Activity, then Executive shall be required to pay to Investorsthe Company, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's Units, over (B) the aggregate Cost of such Units.
Appears in 1 contract
