{"id":43439,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/letter-agreement-offering-to-repurchase-shares-macrovision.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"letter-agreement-offering-to-repurchase-shares-macrovision","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/planning\/letter-agreement-offering-to-repurchase-shares-macrovision.html","title":{"rendered":"Letter Agreement Offering to Repurchase Shares &#8211; Macrovision Corp. and Command Audio Corp."},"content":{"rendered":"<pre>\n                            [MACROVISION LETTERHEAD]\n\n                                December 6, 1996\n\n\nCommand Audio Corporation\n805 Veterans Blvd.\nRedwood City, CA 94063\n\nAttn:  Manny Krakaris, Chief Financial Officer\n\nRe:  Offer to Repurchase 100,000 Shares of Macrovision Common Stock\n\nGentlemen:\n\n     Pursuant to the Restricted Stock Acquisition Agreement between Command \nAudio Corporation ('CAC') and Macrovision Corporation ('Macrovision'), dated as \nof July 31, 1996, and amended as of November 29, 1996 (the 'Agreement'), you \nnow hold 100,000 shares of Macrovision common stock that are vested shares \nunder the Agreement.\n\n     Macrovision hereby offers to repurchase all, but not less than all, of \nsuch 100,000 shares at the price of $5.00 per share (with such number of shares \nand per share price to be adjusted proportionately in the event of any stock \nsplit of Macrovision common stock occurring between the date hereof and the \ndate of repurchase).  This offer shall remain in effect, and may not be \nmodified or withdrawn by Macrovision without the prior written approval of CAC, \nfor a period of ninety (90) days from the date hereof.  This offer \nautomatically shall terminate and shall be null and void if it is not accepted \nby written notice of acceptance delivered to the Chief Financial Officer of \nMacrovision on or before 5:00 p.m. Pacific Standard Time on March 4, 1997.\n\n     Repurchase of the shares shall be concluded within five business days \nfollowing acceptance of the offer.  CAC may assign its right to receive any \npayment for shares of Macrovision common stock that may become due as a result \nof the acceptance of this offer.\n\n                                       Very truly yours,\n\n                                       \/s\/  Victor Viegas\n\n                                       Victor Viegas\n                                       Chief Financial Officer\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8105],"corporate_contracts_industries":[9513],"corporate_contracts_types":[9622,9627],"class_list":["post-43439","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-macromedia-inc","corporate_contracts_industries-technology__software","corporate_contracts_types-planning","corporate_contracts_types-planning__purchase"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43439"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43439"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43439"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}