Common use of Contribution to Parent Clause in Contracts

Contribution to Parent. Promptly following receipt by Holdings of the Rollover Shares from the Rollover Investors, and prior to the Closing (as defined in the Merger Agreement), Holdings will contribute to Parent all of the Rollover Shares and an amount in cash equal to the Fenway Contribution (less a de minimis amount to be retained by Holdings to pay fees and expenses).

Appears in 2 contracts

Sources: Management Rollover Agreement (1 800 Contacts Inc), Rollover Agreement (1 800 Contacts Inc)