Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / non-compete-reyes-watkins.docx
non-compete-reyes-watkins.docx
Parties
PRIVATE EQUITY FUND IV LP
Surviving Corp
Harrowgate Velocity Merger Sub Inc
Harrowgate Velocity Co-Invest LP
Harrowgate Capital Management IV LLC
VeloPay Processing LLC
VeloPay Canada Inc
PayStream Gateway LLC
Dates
July 22, 2025
March 18, 2025
July 22, 2028
Amounts
$1,900,000,000
$20.00
$9,700,000
$87
$412.3
$98.1
$1,000
Obligations
* As used in this Agreement, the following terms shall have the meanings set forth below
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Merger Agreement
Without limiting the foregoing, "Affiliates" of Parent shall include the Company, Harrowgate Capital Management IV LLC (as general partner of Parent), and each of their respective controlled entities, and "Affiliates" of the Company shall include Parent and all subsidiaries of the Company, including VeloPay Processing LLC, VeloPay Canada Inc
(Eastern Time) on the third (3rd) anniversary of the Closing Date (July 22, 2028); provided, that the Restricted Period shall be subject to extension as set forth in Section 8
1 to the contrary, the following activities shall not constitute a violation of this Article II: (a) Passive Investments
The solicitation or hiring of any Covered Employee whose employment with the Company or any of its subsidiaries was terminated by the Company or such subsidiary involuntarily and without Cause (as such term is defined in the applicable employment agreement or, if no such agreement exists, as determined in good faith by the Company) more than six (6) months prior to the date of such solicitation or hiring shall not be deemed a violation of this Article III