Common use of Managerial Support Clause in Contracts

Managerial Support. The Parties acknowledge and agree that, following the date hereof and for as long as the 25% Threshold is satisfied, Investor will provide managerial support to the Company with respect to manufacturing, financial, marketing and other areas, in each case, as needed and requested by the Company and on commercially reasonable terms and conditions to be agreed in writing by Investor and the Company.

Appears in 2 contracts

Sources: Shareholder Agreement (Summit Materials, LLC), Stockholder Agreement (Summit Materials, LLC)