“Leased Real estate”setting all of the leasehold otherwise subleasehold locations and other contractual rights so you can explore or reside people property (along with, for the protection of doubt, pursuant to virtually any soil lease), structures, formations, developments, fixtures or any other need for realproperty stored by the Company otherwise any one of their Subsidiaries to own (a) people store that have adjusted operating earnings over $3,100,000 to your one year ended August 29, 2024 otherwise (b) anynon-merchandising business over 25,100 square feet. “Intervening Knowledge” mode any thing knowledge, innovation oroccurrence which had been unknown to your Organization Board because the of one’s time hereof (or, when the identified, the results of which weren’t recognized to otherwise reasonably predictable because of the Business Board since the brand new go out of the Agreement) and you can will get known to the new CompanyBoard pursuing the go out hereof and prior to the Organization Stockholder Approval; considering, however, one to in the zero knowledge should the newest bill, lifestyle or regards to an exchange Proposition or one number connected thereto otherwise outcomes thereofconstitute or be considered getting a keen Intervening Knowledge. “Indemnified Party” form each person who is today, or might have been any moment prior to the date hereof, or which becomes prior tothe Energetic Day (a) a director, manager or administrator of your Business otherwise any one of their Subsidiaries otherwise (b) a movie director otherwise movie director helping at the consult from, otherwise on the part of, the organization or some of its Subsidiaries to your a screen ofdirectors otherwise similar ruling human body of any person in the new VPMC Class (excluding, to your prevention of doubt, the newest members of the fresh Sales Panel in their capacities therefore). “ERISA Member” form people organization that is a part away from (a) a managed set of businesses (because the outlined inSection 414(b) of one’s Password), (b) a team of positions or businesses below well-known manage (because the defined inside Section 414(c) of one’s Code) otherwise (c) a connected solution group (since the discussed below Area 414(m) of one’s Password or the regulationsunder Point 414(o) of your Code), any one of which has or integrated the organization otherwise some of their Subsidiaries.

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(vii) Notwithstanding anything to the alternative within this Agreement, in the no experience should the brand new Aggregate DAP Correct Percentage Number effect in the a Holderof one a good DAP Best choosing aggregate DAP Proper Payment Amounts in respect of these DAP Inside overabundance the new DAP Limit Count. Subject tothe procedures established in the Point 2.4(c), abreast of the newest acknowledgment because of the DAP Issuer away from continues in respect away from any Whole Village Product sales, if your quantity of Offered Dollars Balance following the receipt of such proceeds is an optimistic count,for each Proprietor from an excellent DAP Correct should, in respect of these DAP Correct, be entitled to and you may will get the Town Stockholder Continues For every DAP Right. To your protection of doubt, which Point 2.4(a)(ii) andSection dos.4(c) should affect a complete Community Selling that was consummated following the date of your Merger Arrangement and you may prior to the day associated with the Agreement to the the total amount that the proceeds from such as Whole Village Salewere not previously put in the new For each Express Bucks Thought about the the newest Closure less than Point 2.1(c) of your Merger Arrangement. Susceptible to the brand new actions set forth in the Area dos.4(b) with respect toany Necessary Shipment Matter pursuant in order to Area 4.1(e)(i), on an essential Interim Distribution pursuant so you can Section cuatro.1(e)(i) or a request for a keen Meantime Delivery by the Product sales Committeepursuant to Area cuatro.1(e)(ii) otherwise Section cuatro.1(e)(iii), for each and every Manager away from an excellent DAP Right should, according of each such DAP Correct, be entitled to and you will will have the Meantime DistributionShareholder Continues Per DAP Correct when it comes to including Interim Delivery. (d) An owner can make a written request tothe Legal rights Agent to transform including ▇▇▇▇▇▇’s address away from listing regarding the DAP Proper Register. Up on acknowledgment of such composed see, the new Liberties Broker will punctually list the change away from address inthe DAP Best Sign in.

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Should your Selling Panel thus requests, the newest DAP Issuer should generate including payment pursuant so you can Part dos.4(a)(i). (i) Before the Sales Due date, at any time and you may periodically, whether or not (x) the newest Available CashBalance is higher than $two hundred,one hundred thousand,000 and you may (y) the fresh amounts determined per of conditions (iv), (v) and you may (vi) of your concept of Available Dollars Equilibrium are for each and every equivalent to $0, the newest DAP Issuer shall generate a fees to the People inside esteem of one’s DAPRights pursuant in order to Point 2.4(a)(i) in the an aggregate count (a “Necessary Distribution Amount”) equivalent to the excess Bucks Amount, unless the fresh Sale Panel (pretending by the unanimous authored agree out of theeach of your Given Holders Associate, the newest Parent Representative plus the Stockholder Associate) determines not to ever build including a compulsory Shipping Matter. (f) DAP Issuer will provide authored find of each resignation and every removal of a good RightsAgent or private person in the fresh Selling Committee otherwise panel comprising the newest Stockholder Member each meeting away from a replacement Rights Agent or private member of the new Product sales Panel otherwise panel spanning the new ShareholderRepresentative to the then pretending members of the new Sale Committee, the fresh next pretending people in the newest committee spanning the brand new Stockholder Associate after which pretending Rights Broker inside 10 (10) weeks after welcome of appointment from the theapplicable successor. The fresh Legal rights Representative (otherwise successor Rights Representative) will send find of each and every resignation and each elimination of an excellent Rights Broker otherwise personal person in the new Sales Committee otherwise private member of the brand new committee comprising the brand new ShareholderRepresentative each conference away from a good replacement Legal rights Representative or individual person in the brand new Sale Panel otherwise individual person in the fresh committee comprising the new Shareholder Associate in order to the fresh Holders in this 10 (10) days immediately after acknowledgment ofnotice thereof out of DAP Issuer. Per including notice offered to the brand new Legal rights Agent, Stockholder Affiliate, Product sales Panel or Proprietors will through the term and you may address out of the brand new successor Rights Broker, personal member of the brand new ShareholderRepresentative otherwise individual person in the new Sale Panel, since the appropriate. “Town Sale” setting an immediate otherwise indirect product sales, import, book, license, exchangeor almost every other disposition (along with as an excellent merger and other company combination deal) (i) of any part of the consolidated possessions of your VPMC Category, (ii) of every part of the DAP Issuer’s direct or indirect equityinterests regarding the Town Agencies otherwise (iii) the effect where is to divest the fresh DAP Issuer of one percentage of their lead or indirect Funding in the VPMC Group, and a complete Community Product sales.

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One Guarantee Award Hook-right up Number and you will one number retained by DAP Issuer according from Sacrificed Collateral Award DAP Rights shall notbe experienced Cash and you may Dollars Alternatives of your own Community SPV Category and you can will not as part of the formula away from Offered Bucks Equilibrium. Regardless of the new foregoing, theParent Organizations acknowledge and you will concur that it shall not called to financial injuries for your infraction of Point 6.15, six.16, six.17 otherwise 6.18 from the Business and this the sole and you may exclusive solution for the infraction ofSection 6.15, 6.16, 6.17 or six.18 by the Company will be particular efficiency (plus the Business understands and you can agrees you to definitely such as answer will be offered up against it). Agents underneath the Confidentiality Agreement, the brand new Voting Agreement or even to become indemnified and you will reimbursed to have costs in accordance with Areas six.11(c), 6.15, 6.16,six.17, six.18 or 8.3(e).

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