Examples of GEI II in a sentence
If Executive receives notice of or otherwise obtains information regarding potential acquisitions and other corporate opportunities within Employer's then current and prospective lines of business, Executive agrees to offer such acquisitions and other corporate opportunities first to Employer and second to GEI II, after which Executive shall be free to proceed independently to exploit such acquisitions and other corporate opportunities, subject to the provisions of paragraph 4 hereof.
The Company agreed to pay GEI II and Kmart fees equal to 1.0% of their repurchase commitments under this agreement.
GEI II is currently a stockholder in the Company, holding shares of common stock, par value $0.01 per share ("Common Stock"), and other securities, of the Company.
In connection with the Supplemental Agreement, GEI II, the majority shareholder of Centers Holdings, and Kmart agreed to repurchase from the lenders 20% and 80%, respectively, of the outstanding amounts of such supplemental credit, up to the amount of $10 million and $40 million, respectively, in case of an event of default, as defined.
GEI II agrees to be bound by the provisions of Section 19(e) of this Agreement with respect solely to its promises in this Section 21.
In connection with the Supplemental Agreement, GEI II, the majority shareholder of Centers Holdings, Inc., the Company's indirect parent, and Kmart agreed to repurchase from the lenders 20% and 80%, respectively, of the outstanding amounts of such supplemental credit, up to the amount of $10 million and $40 million, respectively, in case of an event of default, as defined.
If Executive receives notice of or otherwise obtains information regarding potential acquisitions and other corporate opportunities within Employer's then current and prospective lines of business, Executive agrees to offer such acquisitions and other corporate opportunities first to Employer and second to GEI II or its affiliates, after which Executive shall be free to proceed independently to exploit such acquisitions and other corporate opportunities, subject to the provisions of paragraph 3 hereof.