Common Contracts
2 similar Loss Sharing Agreement contracts by Visa Inc.
EX-10.1 7 d44556dex101.htm EX-10.1 EXECUTION VERSION Date 2 November 2015 THE UK MEMBERS (AS DEFINED HEREIN) VISA INC. VISA EUROPE LIMITED LOSS SHARING AGREEMENT Macfarlanes LLP London EC4A 1LT CONTENTS Clause Page Schedule Appendices A Form of LM...Loss Sharing Agreement • May 5th, 2020
A In connection with the proposed acquisition by Visa Inc. (or its Affiliate) of the entire issued and outstanding share capital of Visa Europe (the “Transaction”) announced on or around the date of this Deed, the UK Members (or their respective Affiliate(s) or nominee(s)) will, in addition to other consideration payable in connection therewith, be issued UK&I Preferred Stock by Visa Inc. The terms of the UK&I Preferred Stock include provisions effecting a reduction in the rate at which UK&I Preferred Stock is eligible for conversion (in accordance with the terms of the UK&I Preferred Stock) into Class A Common Stock or Class A Equivalent Preferred Stock of Visa Inc. (each a “UK&I Conversion Rate Reduction”) to reflect all or part of relevant Covered Losses suffered by Visa Group Members.
LOSS SHARING AGREEMENTLoss Sharing Agreement • November 2nd, 2015 • Visa Inc. • Services-business services, nec
A In connection with the proposed acquisition by Visa Inc. (or its Affiliate) of the entire issued and outstanding share capital of Visa Europe (the “Transaction”) announced on or around the date of this Deed, the UK Members (or their respective Affiliate(s) or nominee(s)) will, in addition to other consideration payable in connection therewith, be issued UK&I Preferred Stock by Visa Inc. The terms of the UK&I Preferred Stock include provisions effecting a reduction in the rate at which UK&I Preferred Stock is eligible for conversion (in accordance with the terms of the UK&I Preferred Stock) into Class A Common Stock or Class A Equivalent Preferred Stock of Visa Inc. (each a “UK&I Conversion Rate Reduction”) to reflect all or part of relevant Covered Losses suffered by Visa Group Members.
