Common use of Contribution of the Rollover Shares in Exchange for the Exchange Shares Clause in Contracts

Contribution of the Rollover Shares in Exchange for the Exchange Shares. On the terms and conditions set forth herein, (i) the Investor agrees, at the closing of the Contribution (the “Closing”), to contribute to Parent the Rollover Shares, free and clear of any and all Liens (as defined in Section 3.2 below), in exchange for the issuance by Parent to the Investor of the Exchange Shares, and (ii) Parent agrees, at the Closing, to issue to the Investor the Exchange Shares in exchange for the contribution by the Investor to Parent of the Rollover Shares.

Appears in 3 contracts

Sources: Rollover Agreement (Sage Parent Company, Inc.), Rollover Agreement (Sage Parent Company, Inc.), Rollover Agreement (CBT Holdings LLC)