Xxxxx Trust. The Xxxxxxx X. Xxxxx Revocable Trust, under trust agreement dated August 27, 2013 (“Xxxxx Trust”) will not sell any of its Class A Shares under the Purchase Agreement and is no longer a Party to, or bound by the terms and obligations of, the Purchase Agreement for any purpose. Accordingly, all references to the “Xxxxx Trust” in the Purchase Agreement (including the exhibits thereto) are hereby omitted.
Xxxxx Trust. To all persons regarding Xxxxxxx
Xxxxx Trust s/Xxxxxx X. Xxxxx --------------------------- Xxxxxx X. Xxxxx, as trustee /s/Xxxx Xxxxxxx --------------------------- Xxxx Xxxxxxx /s/Xxxxx X. Xxxxxx --------------------------- Xxxxx X. Xxxxxx /s/Xxxxx Xxxxx --------------------------- Xxxxx Xxxxx /s/Xxxxx X. Xxxx, Xx. --------------------------- Xxxxx X. Xxxx, Xx. /s/Xxxx X. Xxxx --------------------------- Xxxx X. Xxxx /s/Xxxxx X. Xxxxxxx --------------------------- Xxxxx X. Xxxxxxx /s/Xxxxxx Xxxxx --------------------------- Xxxxxx Xxxxx /s/Xxxxxxx Xxxx --------------------------- Xxxxxxx Xxxx DESIGNATED OFFICERS /s/Xxxx X. Xxxxxxxx --------------------------- Xxxx X. Xxxxxxxx /s/Xxxx X. Xxxxxx, Xx. --------------------------- Xxxx X. Xxxxxx, Xx. /s/Xxxxxx X. Xxxxx --------------------------- Xxxxxx X. Xxxxx
Xxxxx Trust. By: /s/ Xxxxxxx X. Xxxxx Name: Xxxxxxx X. Xxxxx Title: Trustee By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Trustee XXXX XXXXX By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx SONOMA BRANDS II, L.P. By: /s/ Xxxxxxxx Xxxxxxxxxx Name: Xxxxxxxx Xxxxxxxxxx Title: SONOMA BRANDS II SELECT, L.P. By: /s/ Xxxxxxxx Xxxxxxxxxx Name: Xxxxxxxx Xxxxxxxxxx Title: SONOMA BRANDS VWE CO-INVEST, L.P. By: /s/ Xxxxxxxx Xxxxxxxxxx Name: Xxxxxxxx Xxxxxxxxxx Title: Notices: Name: Xxx Xxxxxxxxxx Address: 000 X. Xxxx Xxx., XXX X Xxxxxx, XX 00000 Email: Xxx@xxxxxxxxxxxx.xxx CASING & CO. F/B/O WASATCH MICROCAP FUND By: /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Title: General Counsel Notices: Name: Xxx Xxxxxxx Address: 000 Xxxxxx Xxx, 0xx Xxxxx Xxxx Xxxx Xxxx, XX 00000 Email: xxxxxxxx@xxxxxxxxxxxxx.xxx Annex A
Xxxxx Trust. By: ------------------------------- Name: Title:
Xxxxx Trust. The 1996 Xxxxxxx X. Xxxxx Trust Xxxxx X. Xxxxxx Xxxxx X. XxXxxxxx Xxxxxxx X. Xxxxx
Xxxxx Trust s/ Xxx X. Xxxxx /s/ Xxx X. Xxxxx
Xxxxx Trust. By: /s/ Xxxxxx Job --------------------------------- Name: Xxxxxx Job Title: Trustee XXXXXXX XXXXXXXXXX 1997 TRUST By: /s/ Xxx Xxxxxxxxxx --------------------------------- Name: Xxx Xxxxxxxxxx Title: Trustee XXXXX XXXXXXXXXX 1997 TRUST By: /s/ Xxx Xxxxxxxxxx --------------------------------- Name: Xxx Xxxxxxxxxx Title: Trustee
Xxxxx Trust. By: /s/ Xxxxxx Job --------------------------------- Name: Xxxxxx Job Title: Trustee ANNEX III CONSIDERATION TO BE PAID TO THE STOCKHOLDERS Aggregate consideration to be paid to the STOCKHOLDERS: Minimum cash*/** of $12,393,179 and 1,523,171 shares of Common Stock of HOLDING, to be distributed as follows: Consideration to be paid to each STOCKHOLDER: Shares of Common Stock Stockholder of HOLDING Minimum Cash*/** ----------- ---------- ---------------- Xxxx Xxxxxxxxxx 556,503 $4,637,522 X. Xxxxxxxxxx 1997 Trust 8,997 - X. Xxxxxxxxxx 1997 Trust 8,997 - Xxxxx Xxxxx 556,503 4,637,522 Xxxxxx X. Xxxxx Trust 8,997 - Sydney X. Xxxxx Trust 8,997 - Xxxxx Xxxxxxxx 241,404 2,011,700 Xxxxx Xxxxxxxx 9,053 75,439 Xxxx Xxxxxxxx 9,053 75,439 Xxxxx Xxxxxxxx 9,053 75,439 Xxxxx Xxxxxxxxx 9,053 75,439 Xxxxxx Xxxxxxx 6,035 50,293 X. Xxxxxxxxx 15,088 125,731 X. Xxxxx 15,088 125,731 X. XxXxxxxx 15,088 125,731 X. Xxxxxxxx 15,088 125,731 X. Xxxxx 15,088 125,731 X. Xxxxxxxxx 15,088 125,731 ------ ------- TOTALS: 1,523,171 $12,393,179 MINIMUM VALUE: $29,148,060 (determined by adding (a) the product found by multiplying (i) the aggregate number of shares of HOLDING Stock to be paid to the STOCKHOLDERS by (ii) $11.00 per share) plus (b) the aggregate amount of minimum cash to be paid to the STOCKHOLDERS as specified in the table above. * / Each STOCKHOLDER shall have the right to receive in cash his or her pro rata portion of the amount found by multiplying (a) 991,454 [the number of shares sold on behalf of the STOCKHOLDERS to provide the expected cash portion of the Purchase Price] by (b) the positive difference, if any, found by subtracting (i) $12.50 from (ii) the public offering price of the shares of HOLDING Stock in the IPO. For purposes of this footnote, each STOCKHOLDERS pro rata portion shall based on the minimum cash payable to such STOCKHOLDER relative to the minimum cash payable to all STOCKHOLDERS as specified in the table above. **/ In addition, the STOCKHOLDERS shall be entitled to receive from the COMPANY, as a post-closing adjustment to the aggregate Purchase Price, an amount equal to the "excess working capital" of the COMPANY, determined as of the Closing Date. STOCKHOLDERS who believe they may be entitled to such an adjustment shall cause the COMPANY to prepare a Closing Date Balance Sheet of the COMPANY in accordance with GAAP, except that, for purposes of the ratios described below, xxxxxxxx in excess of costs shall be reclassified from current liabilities and de...
Xxxxx Trust. The trustee of each Seller has the full power and authority to execute this Agreement and perform all of such respective Seller's obligations contemplated hereby, pursuant to the currently effective trust agreement for such Seller.
