Common use of Share Contribution Clause in Contracts

Share Contribution. In connection with the Transaction, each of Founder and the Sponsor shall (i) contribute or cause to be contributed to Holdco the Rollover Shares held by him or it, or their respective Affiliates, in exchange for equity interests of Holdco, or (ii) have the Rollover Shares held by him or it or their respective Affiliates cancelled by surrender in connection with the Transaction, subject to the execution of the Merger Agreement and the satisfaction or waiver of the various conditions for closing the Transaction to be set forth in the Merger Agreement.