Amendment to Clause 16. 2(A). Effective as of the date hereof, Clause 16.2(A) of the MSLA shall be deleted in its entirety and replaced with the following: “[Intentionally omitted];”
Amendment to Clause 16. 4(C). Effective as of the date hereof, Clause 16.4(C) of the MSLA shall be deleted in its entirety and replaced with the following: “there is (i) a change of control of JohnsonDiversey or JohnsonDiversey Holdings, Inc., a change of control occurring if any person acquires Control or any person who previously had Control ceases to have such Control (whether or not another person acquires Control), other than by (x) a sale or transfer of any shares of JohnsonDiversey Holdings, Inc. to a member of the CD&R Group or the CMH Group or to a Financial Party or (y) an initial public offering of the shares of JohnsonDiversey or JohnsonDiversey Holdings, Inc., it being understood that, upon a change of control of a JD Affiliate, it ceases to be a member of the JohnsonDiversey Group with the effect set forth in Clause 16.7 or (ii) a further sale or transfer of any shares of JohnsonDiversey Holdings, Inc. that were previously transferred pursuant to the exception in clause (i)(x) above other than to a member of the CD&R Group or the CMH Group, to a Financial Party or in an initial public offering of the shares of JohnsonDiversey or JohnsonDiversey Holdings, Inc.;”
Amendment to Clause 16. 1: The existing clause 16.1 now reads: Subject to the Regulations, after the Initial Period, the Offer Price and Redemption Price shall be calculated and announced by the Management Company on a daily basis within the stipulated time, latest by 6:30 pm or as directed by the Commission from time to time. The Offer Price and Redemption Price would be published on the Company’s website namely, xxx.xxxxxxxxxxxxx.xxx
Amendment to Clause 16. 2: The text of sub-clause 16.2.1 be and is hereby replaced with the following text:─
