GEO HOLDINGS CORP. c/o Gundle/SLT Environmental, Inc. 19103 Gundle Road Houston, TX 77073 September 16, 2010Ipo Bonus and Dividend Bonus Agreement • October 19th, 2011 • GSE Holding, Inc. • Unsupported plastics film & sheet • Delaware
The purpose of this letter agreement (this “Agreement”) is to confirm our agreement regarding the terms and conditions of the grant to you of the right to receive a special bonus payment upon the consummation of an Initial Public Offering (as defined below) or in the event certain dividends are made by the Company.
