Rollover Units. (i) Except as otherwise agreed by the Company, upon any Management Member’s termination for Good Reason or termination by the Company without Cause, the Company and the Terminated Member shall each seriously and in good faith consider a proposal, which may be made by either party, for the Company to acquire the Rollover Units from the Terminated Member for the Termination Price but neither party shall be obligated to make or accept any offer.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (STR Holdings (New) LLC), Joinder Agreement (STR Holdings, Inc.), Limited Liability Company Agreement (STR Holdings LLC)
