Common use of VCOC Clause in Contracts

VCOC. With respect to the Principal Stockholder Group and, at the request of the Principal Stockholder Group, each Affiliate thereof that indirectly has an interest in the Company, in each case that is intended to qualify as a “venture capital operating company” as defined in 29 C.F.R. Section 2510.3-101 (each, a “VCOC Investor”), the Company shall, and shall cause Focus Financial Partners, LLC to, execute a side letter with each VCOC Investor in the form attached hereto as Annex A and each VCOC Investor shall have the supplemental rights and obligations provided in such side letter.

Appears in 4 contracts

Samples: Nomination Agreement (Focus Financial Partners Inc.), Nomination Agreement (Focus Financial Partners Inc.), Nomination Agreement (Focus Financial Partners Inc.)

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VCOC. With respect to the Principal Stockholder each Sponsor Group and, at the request of the Principal Stockholder a Sponsor Group, each Affiliate thereof that indirectly has an interest in the Company, in each case that is intended to qualify as a “venture capital operating company” as defined in 29 C.F.R. Section 2510.3-101 (each, a “VCOC Investor”), the Company shall, and shall cause Focus Financial Partners, PBF LLC to, execute a side letter with each VCOC Investor in the form attached hereto as Annex A and each VCOC Investor shall have the supplemental rights and obligations provided in such side letter.

Appears in 2 contracts

Samples: Stockholders' Agreement (PBF Energy Inc.), Stockholders' Agreement (PBF Energy Inc.)

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