Examples of Bain Shares in a sentence
At any meeting of stockholders of Empyrean or at any adjournment thereof or in any other circumstances upon which IBC's vote, consent or other approval as a stockholder of Empyrean is sought, IBC shall vote the Shares and Option Shares in accordance with and in the same manner as Bain votes the Bain Shares.
Except as otherwise provided herein, no modification, amendment or waiver of any provision of this Agreement shall be effective against the Company or the Stockholders unless such modification, amendment or waiver is approved in writing by the Company, the holders of at least a majority of the then outstanding Bain Shares, the holders of at least a majority of the then outstanding Xxxxxx Shares and the holders of at least a majority of the then outstanding JNL Shares.
So long as Bain is entitled to nominate a director pursuant to the preceding sentence, each Bain Holder shall vote all Bain Shares in favor of any director for election to the Board that is nominated by or on behalf of KKR.
The Tag-Along Notice shall state the amount of Bain Shares that Bain proposes to include in such sale to the Proposed Purchaser.
The Company and the KKR Holders agree that, without the prior written consent of Bain, the Company will not make any amendment to its certificate of incorporation that would result in the Bain Holders and the KKR Holders ceasing to hold the identical class of Common Stock, or that would change any of the terms, conditions, rights, or preferences of the Bain Shares in any manner different from the terms, conditions, rights, and preferences of the KKR Shares.
As of the date hereof, Bain owns, of record or beneficially, no shares of Common Stock or securities convertible or exchangeable for shares of Common Stock, other than the Bain Shares subject to this Agreement.
The retention of profits for reinvestment in the Company’s business from time to time shall be made as the Members may agree unanimously.
In no event shall the liability of any selling Bain Holder of Bain Shares or KKR Holder of KKR Shares hereunder be greater in amount than the dollar amount of the proceeds received by such Bain Holder or KKR Holder, as applciable, upon the sale of the securities under such registration statement giving rise to such indemnification obligation.
No holder of Shareholder Shares (other than the Xxxx Group Shareholders) may sell, transfer, assign, pledge, encumber or otherwise directly or indirectly dispose of (a “Transfer”) any interest in any Shareholder Shares, including to the Company or any of its Subsidiaries, without the prior written consent of the Xxxx Group Shareholders holding a majority of the Bain Shares (the “Bain Holders”), except Transfers pursuant to and in accordance with paragraphs 2(b), 2(c), 4 or 5 below.
Any Preferred Stock acquirex xx the Bain Group will be deemed to be Bain Shares and any Prefexxxx Stock acquired by the GS Group will be deemed to be GS Shares for purposes of this Agreement.