On top of that toward delivery of your own Company Integration Agreement, CCNB1 registered to your Backstop Arrangement having NBOKS, pursuant to which NBOKS provided to, subject to the available choices of financial support they dedicated to most of the unique objective buy organizations backed because of the CC Financial support and you can NBOKS on good very first become basic serve base, spend some as much as an enthusiastic aggregate from $300.0 mil a subscription having shares off Classification A familiar Inventory on $ for each display regarding the the business Combination, and that registration amount wouldn’t surpass what number of shares from CCNB1 subject to redemption. Under the Backstop Agreement, CCNB1 and you can NBOKS generated classic representations and guarantees for purchases away from this form out-of on their own, and therefore terminated upon brand new closing of one’s Business Combination.
Simultaneously on the execution of your Team Combination Agreement, CCNB1 entered to your a subscription Arrangement with CC Capital, an organization where Chinh Elizabeth. Chu, Movie director off CCNB1 has actually a regulating attract, pursuant to which CC Resource obtained dos,450,one hundred thousand shares off Class A familiar Stock on closure of the company Combination. Likewise, at exactly the same time for the delivery of your own Business Consolidation Arrangement, CCNB1 registered to your Subscription Arrangements having NBOKS and you can NBOKS Co-Invest Fund I LP, entities you to Charles Kantor, Movie director away from CCNB1 ‘s the collection manager regarding, pursuant that NBOKS and you may NBOKS Co-Purchase Fund We, LP with each other obtained 2,400,100000 offers off Category A familiar Inventory at the closure from the organization Combination.
To the ber Highway purchase, E2open Holdings repaid $5.step 3 billion and you may $step three.0 million to help you funds connected to Notion Couples and one individual collateral trader inside E2open Holdings, correspondingly. That it place correct wasn’t worked out by E2open Holdings.
6 mil for the title finance protected because of the funds connected to Insight Partners pursuant in order to a beneficial joinder so you’re able to such as for example funds’ borrowing from the bank business that have Silicone Area Bank. That it indebtedness is actually paid off in full upon brand new closure of your own Organization Consolidation.
On , E2open Holdings sustained $thirty-six
With the , E2open inserted on a consulting arrangement having Timothy We. Maudlin are eligible to a collateral grant because of the Business which have an offer date fair worth of $75,one hundred thousand. Should your Team Combination was not consummated, E2open might have, in lieu of the brand new equity grant, made a single-big date dollars payment away from $40,one hundred thousand so you’re able to Mr. Maudlin. Pursuant on the Maudlin Asking Arrangement, Mr. Maudlin was also given the opportunity to create a collateral resource off $step one.5 million in E2open Holdings, which capital are consummated in return for Category Good Tools away from E2open towards based on a closing stock price of $ evoking the issuance from 6,830 shares out-of fully vested Classification A familiar Inventory.
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Maudlin (brand new “Maudlin Consulting Agreement”), pursuant to which, upon the successful achievement of the Business Combination, Mr
The fresh dysfunction set forth specific point terms and conditions and you will provisions of your own Organization’s bonds that will be registered not as much as Point a dozen of the Change Operate. An entire text message of one’s Certificate of Incorporation https://www.besthookupwebsites.org/eastmeeteast-review and you may Bylaws was registered as the exhibits with the membership report from which so it prospectus is actually a part. To own a complete malfunction of your own legal rights and preferences in our bonds, i desire you to definitely understand our Certificate of Incorporation and you will Bylaws in addition to applicable conditions out-of Delaware law.