INVESTOR RIGHTS AGREEMENTInvestors Rights Agreement |
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OPTEUM INC. | CITIGROUP GLOBAL MARKETS REALTY CORP. | OPTEUM FINANCIAL SERVICES, LLC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.1
EXECUTION
COPY
MEMBERSHIP
INTEREST PURCHASE, OPTION
AND
INVESTOR
RIGHTS AGREEMENT
Among
OPTEUM
INC.,
OPTEUM
FINANCIAL SERVICES, LLC
and
CITIGROUP
GLOBAL MARKETS REALTY CORP.
Dated
as of December 21, 2006
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ARTICLE
IDEFINITIONS |
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1 |
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Section 1.1. |
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Definitions |
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1 |
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Section 1.2. |
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Other Defined Terms |
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5 |
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ARTICLE IIPURCHASE AND SALE
OF MEMBERSHIP INTERESTS |
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7 |
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Section 2.1. |
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Purchase and Sale |
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7 |
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Section 2.2. |
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Purchase Price |
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7 |
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Section 2.3. |
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Closing |
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7 |
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Section 2.4. |
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Option to Purchase
Additional Interests |
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7 |
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Section 2.5. |
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Reclassification of Company
Membership Interests |
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8 |
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Section 2.6. |
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Anti-Dilution |
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9 |
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Section 2.7. |
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Repurchase Rights; Sale of
Assets |
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10 |
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Section 2.8. |
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Drag-Along Rights |
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11 |
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Section 2.9. |
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Tag-Along Rights |
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12 |
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ARTICLE IIIREPRESENTATIONS
AND WARRANTIES OF PARENT AND THE COMPANY |
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13 |
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Section 3.1. |
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Representations of Parent |
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13 |
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Section 3.2. |
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Corporate Organization and
Authority |
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15 |
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Section 3.3. |
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Binding Effect of Agreement |
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15 |
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Section 3.4. |
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No Conflicts |
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15 |
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Section 3.5. |
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Consents and Approvals |
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15 |
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Section 3.6. |
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Capitalization |
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16 |
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Section 3.7. |
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Title to Assets |
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16 |
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Section 3.8. |
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Financial Statements |
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16 |
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Section 3.9. |
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Events Subsequent to Most
Recent Fiscal Month End |
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16 |
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Section 3.10. |
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Undisclosed Liabilities |
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16 |
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Section 3.11. |
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Legal Compliance |
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17 |
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Section 3.12. |
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Tax Matters |
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17 |
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Section 3.13. |
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Contracts |
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Section 3.14. |
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Insurance |
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Section 3.15. |
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Litigation |
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Section 3.16. |
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ERISA |
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18 |
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Section 3.17. |
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Subsidiaries |
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18 |
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Section 3.18. |
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Possession of Licenses and
Permits |
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18 |
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Section 3.19. |
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Independent Auditors |
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18 |
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Section 3.20. |
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Not an Investment Company |
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Section 3.21. |
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No General Solicitation |
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19 |
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Section 3.22. |
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No Registration |
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19 |
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Section 3.23. |
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No Integration |
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19 |
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Section 3.24. |
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No Other Representations |
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ARTICLE IVREPRESENTATIONS
AND WARRANTIES OF PURCHASER |
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19 |
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Section 4.1. |
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Organization and
Qualification |
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Section 4.2. |
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Authority;
Non-Contravention; Approvals |
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Section 4.3. |
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Restricted Securities |
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20 |
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Section 4.4. |
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Subscriber Bears Economic
Risk |
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20 |
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Section 4.5. |
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Acquisition For Own Account |
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20 |
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Section 4.6. |
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Accredited Investor |
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20 |
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Section 4.7. |
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Information |
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20 |
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Section 4.8. |
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No Public Market |
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21 |
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Section 4.9. |
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Legends |
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21 |
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ARTICLE
VCOVENANTS |
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21 |
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Section 5.1. |
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Transfer Taxes |
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21 |
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Section 5.2. |
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Public Announcements |
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21 |
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Section 5.3. |
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Further Assurances;
Post-Closing Cooperation |
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21 |
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Section 5.4. |
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Notification |
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21 |
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Section 5.5. |
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Reporting Requirements |
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22 |
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Section 5.6. |
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Tax Status |
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22 |
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Section 5.7. |
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Liquidation Provisions |
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22 |
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Section 5.8. |
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Intercompany Transactions |
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22 |
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ARTICLE VICONDITIONS TO
OBLIGATIONS OF PARTIES |
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Section 6.1. |
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Conditions Precedent to
Each Party’s Obligations at the Closings |
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Section 6.2. |
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Conditions Precedent to the
Obligations of Parent at Closing |
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22 |
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Section 6.3. |
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Conditions to the
Obligations of Purchaser at Closing |
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23 |
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