AMENDMENT NO. 3 TO AMENDED AND RESTATED VOTING AGREEMENT
Exhibit 17
AMENDMENT NO. 3 TO AMENDED AND RESTATED VOTING AGREEMENT
This AMENDMENT NO. 3 TO AMENDED AND RESTATED VOTING AGREEMENT (this “Amendment No. 3”) is made and entered into as of February 15, 2016, by and among Mohammad Abu-Ghazaleh (“MAG”), and the undersigned stockholders (collectively, the “Stockholders”) of Fresh Del Monte Produce Inc., an exempted limited holding company incorporated under the laws of the Cayman Islands (“Del Monte”).
RECITALS
A. MAG and certain of the Stockholders are party to that certain Amended and Restated Voting Agreement dated January 19, 2010, as amended by that certain Amendment No. 1 to Amended and Restated Voting Agreement dated June 25, 2010, and as amended by that certain Amendment No. 2 to Amended and Restated Voting Agreement dated March 14, 2011 (as so amended, the “Current Agreement”).
B. MAG and the Stockholders party to the Current Agreement desire to join certain of the Stockholders as parties to the Current Agreement, make certain changes to the terms of the Current Agreement and amend and restate Exhibit A to the Current Agreement to reflect the current number of Del Monte’s Ordinary Shares, par value $0.01 per share (“Ordinary Shares”), of which each Stockholder is the record holder or beneficial owner.
In consideration of the foregoing and the representations, warranties, covenants and agreements set forth in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree to amend the Current Agreement as follows:
1. | JOINDER |
Xxxxxx Xxxxxxx Abu-Ghazaleh and Saif Xxxxx Xxx-Xxxxxxxx (each a “New Stockholder”) each hereby join as a party to the Current Agreement, as amended by this Amendment No. 3, and, in connection therewith, shall have all the rights, shall observe all the obligations, and hereby make all of the representations and warranties, applicable to, and made by, Stockholders under the Current Agreement, as amended by this Amendment No. 3.
Each of the New Stockholder represents and warrants that he/she has received a copy of, and has reviewed the terms of, the Current Agreement.
2. | ADDITION OF SECTION 5.12 |
The Current Agreement hereby is amended by adding the following new section after Section 5.11 of the Current Agreement:
5.12 Joinder of New Parties. Notwithstanding anything else in this Agreement to the contrary, additional persons or entities may become parties to this Agreement, and therefore a “party” and a “Stockholder” hereunder, by executing and delivering one or more joinders to this Agreement, with any such joinder to be in form and substance satisfactory to MAG in his sole discretion. Upon the due execution and delivery of any such joinder, any such person or entity who has duly
executed and delivered such joinder shall become bound by all provisions hereof to which the Stockholders are bound, such that the terms “party,” “parties,” “Stockholder” and “Stockholders,” in each case as and when used in this Agreement, shall thereafter include and apply equally to such person or entity. In the case of any such joinder, MAG shall have authority to confirm and accept such joinder on his own behalf and on behalf of each Stockholder.
3. | AMENDED AND RESTATED EXHIBIT A |
Exhibit A to the Current Agreement hereby is amended and restated and replaced with Exhibit A attached to this Amendment No. 3.
4. | MISCELLANEOUS |
Governing Law. This Amendment shall be governed by and construed exclusively in accordance with the laws of the State of Florida, excluding that body of law relating to conflict of laws.
Counterparts. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
SIGNATURE ON FOLLOWING PAGE
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date first above written.
MOHAMMAD ABU-GHAZALEH |
/s/ Xxxxxxxx Xxx-Xxxxxxxx |
XXXX ABU-GHAZALEH |
/s/ Amir Abu-Ghazaleh |
OUSSAMA ABU-GHAZALEH |
/s/ Oussama Abu-Xxxxxxxx |
XXXXXX ABU-GHAZALEH |
/s/ Xxxxxx Xxx-Xxxxxxxx |
XXXXX XXX-XXXXXXXX |
/s/ Xxxxx Xxx-Xxxxxxxx |
XXXXX XXX-XXXXXXXX |
/s/ Xxxxx Xxx-Xxxxxxxx |
XXXX ABU-GHAZALEH |
/s/ Wafa Abu-Xxxxxxxx |
XXXXXX ABU-GHAZALEH |
/s/ Fatima Abu-Ghazaleh |
NARIMAN ABU-GHAZALEH |
/s/ Nariman Abu-Ghazaleh |
MAHA ABU-GHAZALEH |
/s/ Maha Abu-Xxxxxxxx |
XXXXXX XXXX XXXXXXXXXXX |
/s/ Xxxxxx Xxxx Xxxxxxxxxxx |
XXXXXX XXXXXXX XXX-XXXXXXXX |
/s/ Xxxxxx Xxxxxxx Abu-Xxxxxxxx |
XXXXX XXXXXXXX XXXXX XXX XXXXXXXX |
/s/ Ahmad Xxxxxxxx Xxxxx Xxx Xxxxxxxx |
XXXXX XXXX ABU-GHAZALEH |
/s/ Xxxxx Xxxx Abu-Ghazaleh |
XXXXXXX XXXX XXXXX XXXXXXXXXXX |
/s/ Xxxxxxx Xxxx Xxxxx Xxxxxxxxxxx |
XXXXX XXXXXXX ABU-GHAZALEH |
/s/ Xxxxx Xxxxxxx Abu-Ghazaleh |
XXXX XXXXX ABU-GHAZALEH |
/s/ Xxxx Xxxxx Abu-Xxxxxxxx |
XXXXXX XXXXXXX XXX-XXXXXXXX | ||
/s/ Xxxxxx Xxxxxxx Abu-Xxxxxxxx | ||
XXXXX SHEIK ALSAGHA | ||
/s/ Xxxxx Xxxxx Alsagha | ||
RABIE GLILAH | ||
/s/ Rabie Glilah | ||
ROYAL EXECUTIVE SERVICES S.P.A. | ||
By: | /s/ Xxxx Xxxxx Abou-Xxxxxxxx Xx-Xxxxxxxx | |
Name: | Xxxx Xxxxx Abou-Xxxxxxxx Xx-Xxxxxxxx | |
Title: | Chief Executive Officer | |
XXXXX XXXXXXXX XXXXX XXXXXXXX | ||
/s/ Xxxxx Xxxxxxxx Hasan Xxxxxxxx | ||
XXXXXXX GLILAH | ||
/s/ Mohamed Glilah | ||
OUSSAMA GLILAH | ||
/s/ Oussama Glilah | ||
XXXXX ABOU GHAZALEH | ||
/s/ Xxxxx Abou Xxxxxxxx |
XXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF OMAR ABU-GHAZALEH |
/s/ Xxxxxx Xxx-Xxxxxxxx |
XXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF YASMINA ABU-GHAZALEH |
/s/ Kareem Abu-Ghazaleh |
XXXXXXXXX XXXXX XX-XXXXX |
/s/ Xxxxxxxxx Xxxxx Xx-Xxxxx |
XXXXX XXXXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF AYA XXXXX XXX-XXXXXXXX |
/s/ Xxxxx Xxxxxxxx Abu-Ghazaleh |
XXXXX XXXXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF XXXXXXX XXXXX ABU-GHAZALEH |
Xxxxx Xxxxxxxx Abu-Ghazaleh |
XXXXX XXXXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF SAIF XXXXX XXX-XXXXXXXX |
/s/ Xxxxx Xxxxxxxx Abu-Ghazaleh |
XXXXX XXXXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF XXXX XXXXX ABU-GHAZALEH |
/s/ Xxxxx Xxxxxxxx Abu-Ghazaleh |
XXXXX XXXXXXX ABU-GHAZALEH, FOR AND ON BEHALF |
AS PARENT/LEGAL GUARDIAN OF LAYLA XXX XXXXXXX |
/s/ Xxxxx Xxxxxxx Abu-Ghazaleh |
XXXXX XXXXX XXXXXXXXXXX |
/s/ Xxxxx Xxxxx Xxxxxxxxxxx |
DOHA CHALLAH XXXXXXXXXXX |
/s/ Doha Challah Xxxxxxxxxxx |
EXHIBIT “A”
Stockholder |
Total Number of Ordinary Shares Beneficially Owned Directly(1)(2) |
|||
Amir Abu-Ghazaleh |
3,381,201 | |||
Oussama Abu-Ghazaleh |
2,926,489 | |||
Xxxxxx Xxx-Xxxxxxxx |
2,751,666 | |||
Xxxxx Xxx-Xxxxxxxx |
2,685,000 | |||
Xxxxx Xxx-Xxxxxxxx |
327,797 | |||
Wafa Abu-Ghazaleh |
309,901 | |||
Fatima Abu-Ghazaleh |
265,000 | |||
Nariman Abu-Ghazaleh |
200,652 | |||
Maha Abu-Ghazaleh |
197,134 | |||
Xxxxxx Xxxx Xxxxxxxxxxx |
35,000 | |||
Xxxxxx Xxxxxxx Abu-Ghazaleh(3) |
20,000 | |||
Ahmad Xxxxxxxx Xxxxx Xxx Xxxxxxxx |
15,000 | |||
Xxxxx Xxx-Xxxxxxxx |
15,000 | |||
Xxxxxxx Xxxx Xxxxx Xxxxxxxxxxx |
15,000 | |||
Xxxxx Xxxxxxx Abu-Ghazaleh |
15,000 | |||
Xxxx Xxxxx Abu-Ghazaleh |
15,000 | |||
Xxxxxx Xxxxxxx Abu-Ghazaleh |
15,000 | |||
Xxxxx Xxxxx Alsagha |
15,000 | |||
Rabie Glilah |
15,000 | |||
Royal Executive Services S.P.A. |
15,000 | |||
Xxxxx Xxxxxxxx Xxxxx Xxxxxxxx |
15,000 | |||
Mohamed Glilah |
14,848 | |||
Oussama Glilah |
12,900 | |||
Xxxxx Abou Ghazaleh |
12,500 | |||
Omar Abu-Ghazaleh |
11,600 | |||
Yasmina Abu-Ghazaleh |
11,600 | |||
Xxxxxxxxx Xxxxx Xx Xxxxx |
10,500 | |||
Aya Xxxxx Xxx-Xxxxxxxx |
10,000 | |||
Xxxxxxx Xxxxx Abu-Ghazaleh |
10,000 | |||
Saif Xxxxx Xxx-Xxxxxxxx |
10,000 | |||
Xxxx Xxxxx Abu-Ghazaleh |
10,000 | |||
Layla Xxx Xxxxxxx |
10,000 | |||
Xxxxx Xxxxx Xxxxxxxxxxx |
6,654 | |||
Doha Challah Xxxxxxxxxxx |
600 |
(1) | Each Stockholder expressly disclaims beneficial ownership of the Ordinary Shares held by each other Stockholder except to the extent of such Stockholder’s pecuniary interest therein. |
(2) | As of the date of this Amendment No. 3. |
(3) | Amount excludes 13,361,042 Ordinary Shares beneficially owned by Mohammad Abu-Ghazaleh, Mrs. Abu-Ghazaleh’s spouse. Mrs. Abu-Ghazaleh expressly disclaims beneficial ownership of such excluded Ordinary Shares except to the extent of her pecuniary interest therein. |