0001047469-05-027008 Sample Contracts

CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

This CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made as of the day of , 2005, between Under Armour, Inc., a corporation organized under the laws of the State of Maryland (together with its affiliates, the “Company”), and (“Executive”).

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OFFICE LEASE by and between HULL POINT, LLC (Landlord) and K.P. SPORTS, INC. d/b/a Under Armour Performance Apparel (Tenant)
Office Lease • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

THIS LEASE is made on this day of March, 2002 (the “Effective Date”), by and between HULL POINT, LLC, a Maryland limited liability company (the “Landlord”), and KP SPORTS, INC., a Maryland corporation, d/b/a Under Armour Performance Apparel (the “Tenant”).

Underwriting Agreement
Underwriting Agreement • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • New York

Under Armour, Inc., a Maryland corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 9,500,000 shares of Class A Common Stock, par value $.00031/3 per share (“Stock”), of the Company and the stockholders of the Company named in Schedule II hereto (the “Selling Stockholders”) propose, subject to the terms and conditions stated herein, to sell to the Underwriters an aggregate of shares and, at the election of the Underwriters, up to additional shares of Stock. The aggregate of shares to be sold by the Company and the Selling Stockholders is herein called the “Firm Shares” and the aggregate of additional shares to be sold by the Selling Stockholders is herein called the “Optional Shares”. The Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 hereof are herein collectively called the “Shares”.

THIRD AMENDMENT TO LEASE
Lease • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

THIS THIRD AMENDMENT TO LEASE (this “Third Amendment”) is made as of June 23, 2004 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC., a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

AGREEMENT OF SUBLEASE By and between CORPORATE HEALTHCARE FINANCING, INC. T/A PERFORMAX (as Sublandlord) and KP SPORTS, INC. t/b/a UNDER ARMOUR PERFORMANCE APPAREL (as Subtenant)
Agreement of Sublease • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

THIS AGREEMENT OF SUBLEASE (this “Sublease”), made effective the 1st day of June, 2004, by and between Corporate Healthcare Financing, Inc., T/A Performax, with an address at 1030 Hull Street, Baltimore, Maryland (hereinafter referred to as “Sublandlord”) and KP Sports, Inc., a Maryland corporation d/b/a Under Armour Performance Apparel, with an address at 1020 Hull Street, 3rd Floor, Baltimore, Maryland 21230 (hereinafter referred to as “Subtenant”).

FIRST AMENDMENT TO LEASE
Lease • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

THIS FIRST AMENDMENT TO LEASE (this “First Amendment”) is made as of Sept. 10, 2002 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC. a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

REGISTRATION RIGHTS AGREEMENT AMONG KP SPORTS, INC. (d/b/a UNDER ARMOUR PERFORMANCE APPAREL), ROSEWOOD CAPITAL IV, L.P.,
Registration Rights Agreement • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of September 30, 2003 by and between (i) KP Sports, Inc., a Maryland corporation doing business as “Under Armour Performance Apparel” (the “Company”), (ii) the existing stockholders of the Company listed on the signature pages hereto (each individually an “Existing Stockholder” and collectively, the “Existing Stockholders”), and (iii) Rosewood Capital IV, L.P., a Delaware limited partnership, and Rosewood Capital IV Associates, L.P., a Delaware limited partnership (collectively referred to hereinafter as the “Investors” and individually as an “Investor”). The Investors and the Existing Stockholders, together with any other persons who shall hereafter acquire Registrable Securities (as hereinafter defined) and execute a counterpart hereto pursuant to the provisions of, and subject to the restrictions and rights set forth in, this Agreement, are referred to herein collectively as the “Holders” and individually as a

SECOND AMENDMENT TO LEASE
Lease • November 15th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

THIS SECOND AMENDMENT TO LEASE (this “Second Amendment”) is made as of 3-6-03, 2002 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC. a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

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