COVENANTS AND AGREEMENTS WITH RESPECT TO LESSEE. 44 6.1 Recapitalization of Lessee............................................. 44 6.2 Governance............................................................. 45 6.3 Restrictions on Transfers and Issuances................................ 46 6.4 Option................................................................. 46 6.5 Additional Securities Subject to Agreement............................. 47 6.6
COVENANTS AND AGREEMENTS WITH RESPECT TO LESSEE. 6.1 Recapitalization of Lessee. (a) Lessee hereby agrees to take all necessary action required to be taken by it to recapitalize its capital structure (the "Recapitalization") so that immediately prior to the Closing the outstanding capital stock of Lessee shall consist of 1,000 shares of Lessee Class A Voting Stock and 1,000 shares of Lessee Class B Non-Voting Stock, 800 shares of each such class to be held by Alter and 200 shares of each such class to be held by Xxxxxxxxx. All such actions (and documentation related thereto) shall be reasonably satisfactory to the Xxxxxxxxx Entities.
COVENANTS AND AGREEMENTS WITH RESPECT TO LESSEE. 46 6.1 Recapitalization of Lessee . . . . . . . . . . . . . . . . 46 6.2 Governance . . . . . . . . . . . . . . . . . . . . . . . . 47 6.3 Restrictions on Transfers and Issuances . . . . . . . . . 47 6.4 Option . . . . . . . . . . . . . . . . . . . . . . . . . . 48 6.5 Additional Securities Subject to Agreement . . . . . . . . 48 6.6
