Common use of Future Purchases Clause in Contracts

Future Purchases. When and as Code ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ IV LP or any of its affiliates purchase equity securities of Parent, Parent will pay to CHS a fee equal to 5.0% of the gross purchase price of such securities as compensation for services rendered by CHS to Parent in connection with the consummation of the transaction or other activity giving rise to such purchase.

Appears in 2 contracts

Sources: Management Agreement (GSE Holding, Inc.), Management Agreement (GSE Lining Technology, Inc.)