Executive Purchase Agreement definition

Executive Purchase Agreement means the agreement pursuant to which a Management Holder acquired the applicable Registrable Securities, as may be amended from time to time.
Sample 1
Executive Purchase Agreement shall include (i) any executive unit purchase agreement substantially similar to that set forth in Exhibit 5 attached hereto entered into on or after the date hereof by and among the LLC, the Company and any of Holland, Lord or the Company's COO (or members of their respective Family Groups (as defined in the Executive Purchase Agreements)), and (ii) any executive unit purchase agreement substantially similar to that set forth in Exhibit 6 attached hereto entered into on or after the date hereof by and among the LLC, the Company and a member of the Company's management (other than Holland, Lord, or the Company's COO), or members of such managers' respective Family Groups (as defined in the Executive Purchase Agreements).
Sample 1
Executive Purchase Agreement has the meaning set forth in Section 3.1(j).
Sample 1

Examples of Executive Purchase Agreement in a sentence

  • Such amount shall be paid to the Executive on the Effective Date, $547,506.75 of which the Executive hereby instructs the Company to pay on his behalf to the Parent to purchase the interests in the Paper Series and Timber Series of the Parent on the Effective Date pursuant to the Executive Purchase Agreement, dated as the Effective Date, between the Parent and the Executive (the “Executive Purchase Agreement”).

  • Such amount shall be paid to the Consultant on the Effective Date, $547,506.75 of which the Consultant hereby instructs the Company to pay to the Parent to purchase the interests in the Paper Series of the Parent on the Effective Date pursuant to the Executive Purchase Agreement, dated as the Effective Date, between the Parent and the Consultant (the “Executive Purchase Agreement”).

  • Each Management Member and its transferees accepts, acknowledges, and agrees that the Management Securities held by such Management Member and its transferees are subject to significant restrictions on transfer, repurchase options, and certain other agreements set forth in the Executive Purchase Agreement to which such Management Member is a party.

  • This Agreement supersedes all prior agreements and understandings between the parties hereto with respect to such subject matter, including the Executive Purchase Agreement, Registration Rights Agreement and the LLC Agreement which shall be null and void and of no further force or effect.

  • The representations and warranties contained in Article 7 hereof and in each Executive Purchase Agreement executed on the date hereof shall be true and correct in all material respects at and as of the Initial Closing as though then made, and the Corporation shall have performed in all material respects all of the covenants required to be performed by it hereunder prior to the Initial Closing.

  • In addition to the provisions of this Article 6, each holder of Management Equity shall be subject to the restrictions on Transfer of such Management Equity set forth in such holder's Executive Purchase Agreement, the LLC Agreement and the Registration Rights Agreement.

  • The parties hereto acknowledge and agree that, pursuant to the express terms of the Stock Purchase Agreement, the LLC Agreement, the Securityholders Agreement, and the Registration Agreement, this Agreement (like the Prior Agreement) is and shall be considered an "Executive Purchase Agreement" as such term is used in such agreements.

  • Any Common Stock distributed in respect of (i) any Class C Unit or Class D Unit or (ii) any Management Equity owned beneficially by any Person who has been terminated with Cause (as defined in the relevant Executive Purchase Agreement) or who has committed a Vesting Termination Breach (as defined in the relevant Executive Purchase Agreement) shall in each case not have any voting rights whatsoever except for purposes of Section 9.04 hereof or of Section 14.02 of the LLC Agreement.

  • Upon the Closing, the Executive acknowledges and agrees that the Paper Common Percentage Interests previously held by the Executive (whether Vested Interests or Unvested Interests) shall terminate and the Executive Purchase Agreement, the Registration Rights Agreement and the LLC Agreement shall be null and void and of no further effect.

  • The LLC and the Company shall have entered into an executive unit purchase agreement, in form and substance substantially similar to that set forth in Exhibit 5 attached hereto (each an "Executive Purchase Agreement"), with each of Roycx X.


More Definitions of Executive Purchase Agreement

Executive Purchase Agreement means (i) the applicable separate executive purchase agreement substantially similar to that set forth in Exhibits 3 and 4 attached hereto entered into on or after the date hereof by and among the LLC, the Corporation and any of Founder, Xxxxxx-Xxx, Xxxxxxx and Xxxxxx (or any newly hired member of the Corporation's management that becomes a holder of Management Equity and executes a counterpart hereof and of the LLC Agreement and the Registration Rights Agreement) and (ii) the applicable separate executive purchase agreement substantially similar to that set forth in Exhibit 5 attached hereto entered into after the date hereof by the LLC and the Corporation with each newly hired member of the Corporation's management (other than Founder, Xxxxxx-Xxx, Xxxxxxx or Xxxxxx) that becomes a holder of Management Equity and executes a counterpart hereof and of the LLC Agreement and the Registration Rights Agreement.
Sample 1
Executive Purchase Agreement means the agreement of which a form of ---------------------------- agreement is attached as Exhibit D to the Employment Agreement.
Sample 1
Executive Purchase Agreement means that certain Executive Unit ---------------------------- Purchase Agreement, dated as of the date hereof, by and between the Company and the Executive.
Sample 1
Executive Purchase Agreement means that Executive Purchase Agreement, dated May 4, 2004 by and between BPL Acquisition L.P. and Xxxxxxx X. Xxxxxx.
Sample 1

Related to Executive Purchase Agreement

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Series B Purchase Agreement means the Series B Preferred Stock Purchase Agreement with respect to the purchase and sale of shares of the Company’s Series B Preferred Stock, dated as of the date hereof, by and among the Company and the Series B Investors, as it may be amended from time to time.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Equity Purchase Agreement is defined in the recitals.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Receivables Purchase Agreement means the Receivables Purchase Agreement dated as of October 1, 2007, between the Issuer, the Depositor and the Receivables Seller, as the same may be amended, modified or supplemented from time to time.

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.

  • Repurchase Agreement means a simultaneous agreement to buy, hold for a specified time, and sell back at a future date obligations, described by Government Code 2256.009(a)(1) (obligations of gov- ernmental entities) or 2256.013 (commercial paper) or if applicable, 2256.0204 (corporate bonds), at a market value at the time the funds are disbursed of not less than the principal amount of the funds disbursed. The term includes a direct security repurchase agreement and a reverse security repurchase agreement. Gov’t Code 2256.011(b)

  • Purchase Agreements has the meaning set forth in the Recitals.