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PRVT » Topics » Section 2.8 Call Rights

This excerpt taken from the PRVT 8-K filed Nov 3, 2009.

Section 2.8 Call Rights

The Holders and Corporation hereby acknowledge the Call Rights in favour of Callco and further agree that the Call Rights (i) are granted to Callco by the Holders in partial consideration of the obligations of PMG under the Acquisition Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged;

 

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and (ii) may be assigned at any time and from time to time by Callco in whole or in part upon written notice to the Holders.

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