REQUEST FOR TAKEDOWNS Clause Samples

REQUEST FOR TAKEDOWNS. The Company may from time to time request --------------------- that ▇▇▇▇▇▇ Holdings purchase from the Company up to 36,480 additional shares of Class A Preferred at a purchase price of $1,000 per share (an aggregate purchase price of $36,480,000) (such purchases are referred to as "Take-Downs"). Such requests shall be made in conjunction with and for the purpose of funding future acquisitions of information technology consulting and related businesses by the Company and shall be presented to ▇▇▇▇▇▇ Holdings in writing. ▇▇▇▇▇▇ Holdings shall accept or reject such Take-Down within 10 business days of receiving such request, such request shall not be unreasonably refused by ▇▇▇▇▇▇ Holdings. The Company and ▇▇▇▇▇▇ Holdings shall agree upon a date (the "Subsequent Closing Date") for the closing (the "Subsequent Closing") of the additional shares of Class A Preferred to be purchased in connection with such Take-Down.