Supplemental Investment. For purposes of funding one or more strategic international acquisitions by the Company or its Subsidiaries (each, a “Strategic Transaction”), the Company has authorized the additional sale and issuance of up to 50,000 shares of its Series A Preferred Stock pursuant to this Agreement, which the Company desires to issue and sell to Purchaser on the terms and conditions herein and which Purchaser may purchase on the terms and conditions set forth herein.
Supplemental Investment. On the Supplemental Investment Date, the Company shall deliver against payment by the Investor of $4,000,000 by federal fund wire transfer or transfer of New York Clearing House Funds to the Company's account, the number of shares of Common Stock (rounded down to the nearest whole share) determined by dividing the Supplemental Investment Amount by the Supplemental Investment Purchase Price. During the Supplemental Investment Period, the Investor shall deliver to the Company Investor Notices as if the Investor were obligated during the Supplemental Investment Period to purchase shares of Common Stock for an aggregate Purchase Price equal to the Supplemental Investment Amount; PROVIDED, HOWEVER, that in no event may the Investor deliver, without the written consent of the Company, an Investor Notice during such Supplemental Investment Period with respect to a dollar amount, which, together with the aggregate dollar amount covered by Investor Notices previously delivered, would exceed the greater of (i) $3,000,000, or (ii) 8% of the average daily Value of Open Market Trading of the Common Stock on the Principal Market for all prior Trading Days in the Supplemental Investment Period. In the event that the amount determined pursuant to clause (ii) is less than $4,000,000 at the end of the Supplemental Investment Period, the Supplemental Investment Period shall be extended (and no other Investment Period shall commence) until ten (10) Trading Days after the amount determined pursuant to clause (ii) is at least $4,000,000. If the aggregate number of shares of Common Stock the Investor would have received pursuant to all Investor Notices delivered pursuant to this paragraph is greater than the number of shares of Common Stock the Investor received on the Supplemental Investment Date, then the Company shall deliver to the Investor within two (2) days after the end of the Supplemental Investment Period that number of shares of Common Stock equal to such difference."
Supplemental Investment. MPC shall remit the Supplemental Investment to JOBBER, pursuant to and with respect to motor fuel retail outlets added to exhibit A pursuant to Section 7, subject to the conditions of this Agreement.
Supplemental Investment. For any motor fuel retail outlet added to this Agreement, by written amendment to exhibit A effective during Contract Years One, Two and Three, MPC will pay to JOBBER, funds up to the amount of $[***] gallons of Committed Volume associated with such added retail outlet, to reimburse certain expenses necessary to convert the motor fuel retail outlet to a MARATHON® retail outlet. Disbursements of Supplemental Investment pursuant to Subsection (c) of this Section may be pro-rated on a straight-line basis. Notwithstanding the foregoing, historical sales will be based upon written documentation evidencing the previous twelve (12) months gasoline sales as provided by JOBBER and agreed upon by MPC. Disbursements of Supplemental Investment may be pro-rated in a straight-line basis based upon historical gasoline sales.
