TRA Termination. The Parties agree that the consummation of the transactions contemplated by the Merger Agreement will give rise to a Change in Control. Furthermore, the Parties agree that the TRA shall be terminated in its entirety upon payment of the Termination Payments, and thereafter no party shall have any further obligations under the TRA other than those obligations set forth in this Agreement.
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Samples: Termination Agreement (Norcraft Companies, Inc.), Termination Agreement (Norcraft Companies, Inc.), Tax Receivable (Norcraft Companies, Inc.)
TRA Termination. The Parties agree that the consummation of the transactions contemplated by the Merger Agreement will give rise to a Change in Control. Furthermore, the Parties agree that the TRA shall be terminated in its entirety upon payment of the Termination PaymentsPayment, and thereafter no party shall have any further obligations under the TRA other than those obligations set forth in this Agreement.
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