Common use of Equity Rollover Commitment Clause in Contracts

Equity Rollover Commitment. Gentlemen: Reference is made to the Agreement and Plan of Merger, dated as of October 1, 2007 (as it may be amended from time to time, the “Merger Agreement”), by and among Pioneer Holding Corp., a Delaware corporation (“Parent”), Pioneer Sub Corp., a Delaware corporation (“Merger Sub”) and [Trinity], Inc., a Delaware corporation (the “Company”), pursuant to which Merger Sub will be merged into the Company (the “Merger”). Capitalized terms used but not defined herein have the meanings ascribed to such terms under the Merger Agreement. As used herein, the terms “Parent” and “Merger Sub” shall include any entity to which Parent or Merger Sub, as applicable, shall assign their respective rights, interests and obligations under the Merger Agreement in accordance with Section 11.05 thereof. The undersigned and Vector Capital Partners IV, L.P. (the party to the Equity Commitment Letter) (“Vector Capital”) and any other Affiliates of Vector Capital who invest in Parent are collectively referred to herein as the “Investors”. This letter is being delivered to Parent in connection with the execution of the Merger Agreement by Pxxxxx, Merger Sub and the Company.

Appears in 3 contracts

Samples: Pioneer Holding Corp., Pioneer Holding Corp., Pioneer Holding Corp.

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Equity Rollover Commitment. Gentlemen: Reference is made to the Agreement and Plan of Merger, dated as of October 1, 2007 (as it may be amended from time to time, the “Merger Agreement”), by and among Pioneer Holding Corp., a Delaware corporation (“Parent”), Pioneer Sub Corp., a Delaware corporation (“Merger Sub”) and [Trinity]Printronix, Inc., a Delaware corporation (the “Company”), pursuant to which Merger Sub will be merged into the Company (the “Merger”). Capitalized terms used but not defined herein have the meanings ascribed to such terms under the Merger Agreement. As used herein, the terms “Parent” and “Merger Sub” shall include any entity to which Parent or Merger Sub, as applicable, shall assign their respective rights, interests and obligations under the Merger Agreement in accordance with Section 11.05 thereof. The undersigned and Vector Capital Partners IV, L.P. (the party to the Equity Commitment Letter) (“Vector Capital”) and any other Affiliates of Vector Capital who invest in Parent are collectively referred to herein as the “Investors”. This letter is being delivered to Parent in connection with the execution of the Merger Agreement by Pxxxxx, Merger Sub and the Company.

Appears in 1 contract

Samples: Pioneer Holding Corp.

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