0000950134-06-023618 Sample Contracts

FIRST AMENDMENT TO THE STOCKHOLDERS AGREEMENT
The Stockholders Agreement • December 22nd, 2006 • Sally Beauty Holdings, Inc. • Retail-retail stores, nec • Delaware

WHEREAS, Sally Beauty Holdings, Inc., a Delaware corporation (the “Company”), entered into a Stockholders Agreement, dated as of November 16, 2006 (as amended, the “Agreement”) with CDRS Acquisition LLC, a Delaware limited liability company (“CDRS”), CD&R Parallel Fund VII, L.P., a Cayman Islands exempted limited partnership, and the other stockholders of the Company party thereto;

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FORM OF TERMINATION AGREEMENT
Termination Agreement • December 22nd, 2006 • Sally Beauty Holdings, Inc. • Retail-retail stores, nec • Illinois

This Termination Agreement (this “Agreement”) is entered into as of the Agreement Date by and among Alberto-Culver Company, a Delaware corporation (the “Company”), Sally Holdings, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“SHI”) and ___(the “Executive”) and shall be deemed to be effective on the date the last party signs this Agreement (the “Agreement Date”).

May 25, 2006 Michael G. Spinozzi 4634 Lohr Road Ann Arbor, Michigan 48108 Dear Mike:
Sally Beauty Holdings, Inc. • December 22nd, 2006 • Retail-retail stores, nec • Texas
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