Management Equityholders definition
Examples of Management Equityholders in a sentence
This is presumably also a consequence of the very high MWR offered by the second pillar.
This Agreement shall become effective upon execution hereof by the Company, each MCP Investor, the Majority Initial Investors, the Majority Management Equityholders, the Majority 1999 Warrant Investors and each of the 2000 Warrant Investors.
Each of the Management Equityholders hereby agrees to transfer all right, title and interest to his Holdings II Equity Interests to the Buyer pursuant to the applicable Subscription Agreement and in accordance with the terms of the Purchase Agreement (provided that all references to “Shares” shall be references to “Holdings II Equity Interests” and all references to “Seller” shall be references to the applicable “Management Equityholder”).
In addition, the Buyer and certain Management Equityholders may enter into agreements between the date hereof and the Closing Date whereby all or a portion of such Management Equityholders Shares (which would otherwise be sold to Buyer pursuant to this Agreement) may be contributed by such Management Equityholders to the capital or exchanged for capital stock or options to acquire equity interests of the Buyer (or the parent of the Buyer).
Any portion of the Specified Management Withheld Proceeds that is forfeited by a Specified Management Equityholder pursuant to such Specified Management Equityholder's Specified Restricted Share Agreement (collectively, the "Forfeited Management Proceeds") shall be distributed by Buyer to the Equityholders in accordance with each such Equityholder's Allocated Share (net of applicable withholdings, if any).