POST-IPO STOCKHOLDER’S AGREEMENT BETWEEN SAFETY, INCOME AND GROWTH, INC. AND SFTY VENTURE LLC Dated as of April 14, 2017Post-Ipo Stockholder’s Agreement • April 4th, 2023 • Istar Inc. • Real estate investment trusts • Maryland
This POST-IPO STOCKHOLDER’S AGREEMENT (as the same may be amended, modified or supplemented from time to time, this “Agreement”), dated as of April 14, 2017, is made and entered into by and between Safety, Income and Growth, Inc., a Maryland corporation (the “Company”), and SFTY Venture LLC, a Delaware limited liability company (“GICRE”); provided, however, that this Agreement shall not become effective until the Effective Date referenced in Section 6.16.
POST-IPO STOCKHOLDER’S AGREEMENT BETWEEN SAFETY, INCOME AND GROWTH, INC. AND SFTY VII-B, LLC Dated as of April 14, 2017Post-Ipo Stockholder’s Agreement • May 8th, 2017 • Safety, Income & Growth, Inc. • Lessors of real property, nec • Maryland
This POST-IPO STOCKHOLDER’S AGREEMENT (as the same may be amended, modified or supplemented from time to time, this “Agreement”), dated as of April 14, 2017, is made and entered into by and between Safety, Income and Growth, Inc., a Maryland corporation (the “Company”), and SFTY VII-B, LLC, a Delaware limited liability company (“LA”); provided, however, that this Agreement shall not become effective until the Effective Date referenced in Section 6.16.
Post-IPO Stockholders AgreementsPost-Ipo Stockholders Agreement • April 13th, 2006
In structuring an initial equity investment and the subsequent stockholder arrangements entered into immediately before a portfolio company’s initial public offering, our private equity fund clients often ask, “What rights and obligations should we have after the IPO that are different from the public stockholders?”. Should the private equity funds retain their rights to nominate (and obligations to vote for) directors and their tag-along rights, drag-along rights, veto rights and other provisions after public stockholders have acquired a meaningful ownership position? These issues can be particularly difficult in a “club deal” (i.e., a portfolio company with multiple private equity fund investors).
