Common use of TERMINATION OF REDEMPTION OBLIGATION Clause in Contracts

TERMINATION OF REDEMPTION OBLIGATION. Put Rights with respect to any individual Stockholder will terminate upon receipt by such Stockholder of 50% of his Aggregate Consideration in cash; such termination will not, however, limit such Stockholders ability to participate in the additional redemptions provided in Section 18.4. Notwithstanding the foregoing, all of AmPaM's redemption obligations contained in this Section 18 shall terminate on the earlier to occur of (i) an IPO, (ii) any sale of all or substantially all of AmPaM's assets in one transaction or series of transactions, (iii) any merger or consolidation which involves AmPaM and in which AmPaM is not the surviving entity or (iv) any transaction after which the shares of AmPaM Common Stock, if any, which are then held by persons other than the holders of AmPaM Common Stock as of the Closing Date constitute 50% or more of AmPaM Common Stock outstanding as of the date of the consummation of such transaction.

TERMINATION OF REDEMPTION OBLIGATION. Put Rights with respect to any individual Stockholder will terminate upon receipt by such Stockholder of 50% of his Aggregate Consideration in cash; such termination will not, however, limit such Stockholders ability to participate in the additional redemptions provided in Section 18.4. Notwithstanding the foregoing, all of AmPaM's redemption obligations contained in this Section 18 shall terminate on the earlier to occur of (i) an IPO, (ii) any sale of all or substantially all of AmPaM's assets in one transaction or series of transactions, (iii) any merger or consolidation which involves AmPaM and in which AmPaM is not the surviving entity or (iv) any transaction after which the shares of AmPaM Common Stock, if any, 59 68 which are then held by persons other than the holders of AmPaM Common Stock as of the Closing Date constitute 50% or more of AmPaM Common Stock outstanding as of the date of the consummation of such transaction.

TERMINATION OF REDEMPTION OBLIGATION. Put Rights with respect to any individual Stockholder will terminate upon receipt by such Stockholder of 50% of his Aggregate Consideration in cash; such termination will not, however, limit such Stockholders ability to participate in the additional redemptions provided in Section 18.4. Notwithstanding the foregoing, all of AmPaM's redemption obligations contained in this Section 18 shall terminate on the earlier to occur of (i) an IPO, (ii) any sale of all or substantially all of AmPaM's assets in one transaction or series of transactions, (iii) any merger or consolidation which involves AmPaM and in which AmPaM is not the surviving entity or (iv) any transaction after which the shares of AmPaM Common Stock, if any, which are then held by persons other than the holders of AmPaM Common Stock as of the Closing Date constitute 50% or more of AmPaM Common Stock outstanding as of the date of the consummation of such transaction.Closing