Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / management-rights-letter-blackthorn.docx
management-rights-letter-blackthorn.docx
Parties
Blackthorn Growth Fund III LP
Blackthorn Capital Management LLC
Employee Retirement Inc
Associates CPAs LLP
Pryor LLP
Keane LLP
Harkness LLP
Dates
May 16, 2026
Amounts
$22,500,000
$5.00
$6,000,000
Obligations
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Purchase Agreement
The Investor's designated representatives for purposes of exercising these management rights shall include Diana Hershfield and such other persons as the Investor may designate in writing to the Company from time to time
The Company shall give due consideration, in good faith, to the advice and counsel offered by the Investor's designated representatives, it being understood that the Company's management and Board of Directors shall retain full authority and discretion with respect to the management and operations of the Company
The Company shall make available appropriate personnel to assist the Investor's designated representatives in connection with any such inspection, and the Investor shall conduct such inspections in a manner that does not unreasonably interfere with the normal business operations of the Company
All information obtained through such inspections shall be subject to the confidentiality obligations set forth in Section 4 hereof
3 is also required to be delivered under the Investors' Rights Agreement, timely delivery under the Investors' Rights Agreement shall be deemed to satisfy the Company's obligation to deliver such information hereunder