Examples of Enstar Shareholder in a sentence
Xxxxxx, Chief Financial Officer If to the Enstar Shareholder: c/o Enstar Group Limited PO Box 2267 Windsor Place, 0xx Xxxxx, 00 Xxxxx Xxxxxx Xxxxxxxx XX XX Bermuda Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxx@xxxxxxxxxxx.xx Attention: Xxxxxxx X.
Prior to taking any action or entering into any commitment to take any action to appoint or remove (with or without cause) the Company’s chief executive officer or enter into or amend any material term of any employment agreement or arrangement with the Company’s chief executive officer, the Company shall obtain the consent of both the Enstar Shareholder and the Trident Shareholders.
If the Trident Shareholders disapprove such budget during such fifteen (15)-day period, the Trident Shareholders shall provide the Enstar Shareholder with written notice of its disapproval indicating the line items with which they disagree along with any supporting documentation.
The Enstar Shareholder and the Trident Shareholders shall then negotiate in good faith to resolve any disagreements with respect to such budget for fifteen (15) days following the Enstar Shareholder’s receipt of such notice of disapproval.
The Enstar Shareholder shall provide the Trident Shareholders with a copy of such budget at least forty-five (45) days prior to the beginning of the applicable calendar year.
The Trident Shareholders shall have the right to approve such budget and the Enstar Shareholder shall provide the Trident Shareholders with such information that they reasonably request in connection with their review of such budget.
Beginning with the budget for calendar year 2021 and for each year thereafter, the Enstar Shareholder shall prepare a budget in respect of the run-off management services to be provided by Enstar or its Affiliates to the StarStone Run-Off Business.
Xxxx If to the Enstar Shareholder: c/o Enstar Group Limited Xxxxxxx Xxxxx, 0xx Xxxxx 00 Xxxxx Xxxxxx Xxxxxxxx XX 00 Bermuda Email: xxxx.o’xxxx@xxxxxxxxxxx.xxx Attention: Xxxx X’Xxxx, President with a copy in each case to (which shall not constitute notice): Xxxxx Lovells US LLP 0000 Xxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000 Email: xxx.xxxxxx@xxxxxxxxxxxx.xxx; xxxx.xxxxxx@xxxxxxxxxxxx.xxx Attention: Xxxxxx X.
If the Sale Transactions are consummated but the Swap Transactions are not consummated by April 1, 2021, then, at any time following April 1, 2021, the Enstar Shareholder shall have the right to purchase all, but not less than all, of the Residual StarStone US Investment Shares indirectly owned by the Trident Shareholders and their Permitted Transferees.
Prior to taking any action or entering into any commitment to take any action to appoint or remove (with or without cause) the Company’s chief executive officer or entering into or amending any material term of any employment agreement or arrangement with the Company’s chief executive officer, the Company shall obtain the consent of both the Enstar Shareholder and the Trident Shareholders.