Common Contracts
1 similar Letter Agreement contracts
ContractLetter Agreement • May 5th, 2020 • Delaware
Exhibit 2 Execution Version This LETTER AGREEMENT (this “Agreement”), dated as of June 17, 2019 (the “Effective Date”), is entered into by and between Ripple Labs Inc., a Delaware corporation (“Ripple”) and the other persons whose names appear on the signature pages hereto (collectively, “THL”). The parties to this Agreement are hereby referred to as the “Parties” and each, a “Party.” RECITALS: 1. On the Effective Date, MoneyGram International, Inc., a Delaware corporation (the “Company”) entered into that certain Securities Purchase Agreement (the “SPA”) with Ripple. 2. The SPA contemplates that, subject to certain conditions, in the event the board of directors of the Company (the “Company Board”) decides to increase the number of directors on the Company Board, the Company shall strongly consider in good faith adding a designee of Ripple to the Company Board (a “Ripple Director”). 3. It is contemplated by the Parties that, in the event a Ripple Director is appointed to the Company B
