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Re: trader59 post# 3606

Wednesday, 12/14/2022 10:31:07 PM

Wednesday, December 14, 2022 10:31:07 PM

Post# of 4882
Anyone have contact info for the "Preferred Representative"?

Series A Preferred Representative and Sale Representatives; Determination of Net Proceeds; Holdback Amount; Indemnification Matters

Following the Effective Time, the board of directors of the Combined Company will delegate to the Sale Representatives the authority to pursue, and negotiate the proposed terms and conditions of, the Asset Sale Transactions. The Sale Representatives will keep the board of directors of the Combined Company informed of the status of each Asset Sale Transaction, and will submit the definitive terms and conditions of any proposed Asset Sale Transaction to the board of directors of the Combined Company for approval. This delegation of authority will expire at the Asset Sale Expiration Date.

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