Agreements with Stockholders. At the Closing, Parent shall pay an “Early Termination Payment” (as defined in the Existing Stockholders ITR Agreement) in the amount of $188.5 million, in respect of the Existing Stockholders ITR Agreement, and each Stockholder hereby acknowledges and agrees that such amount constitutes all amounts owed to the Stockholders under the Existing Stockholders ITR Agreement and such payment at the Closing will satisfy all obligations to the Stockholders thereunder.
Appears in 3 contracts
Sources: Voting Agreement (Graham Packaging Co Inc.), Voting Agreement (Silgan Holdings Inc), Voting Agreement (Graham Packaging Co Inc.)