Waiver of Transfer Restrictions under Support and Standstill Agreements by Fidelity National Information Services, Inc.
Contract Categories:
Business Finance
›
Waiver Agreements
Summary
Fidelity National Information Services, Inc. (FIS) is notifying the Sponsor Parties to seven Support and Standstill Agreements related to the SunGard acquisition that, effective May 12, 2016, it is waiving the transfer restrictions on Voting Stock found in Section 5.5(a) of each agreement. This means the Sponsor Parties are now allowed to transfer their Voting Stock without restriction as previously outlined in the agreements. The waiver is irrevocable and takes effect immediately from the specified time and date.
EX-10.1 2 exhibit101.htm EXHIBIT 10.1 SEC Exhibit
Exhibit 10.1
![]() | 601 Riverside Avenue, Jacksonville, FL 32204 Tel. 877 ###-###-#### | Fax. 904 ###-###-#### | fisglobal.com |
May 12, 2016
To: The Sponsor Parties to the Support and Standstill Agreements referred to below
Dear Sirs:
We refer to the seven separate Support and Standstill Agreements dated as of August 12, 2015 (the “SSAs”), entered into by us with the other persons named on the signature pages thereto in connection with our acquisition of SunGard (the other parties to the SSAs as of the date hereof, the “Sponsor Parties”). By this letter, effective from and after 4 p.m. Eastern time on the date hereof, we hereby irrevocably waive the transfer restrictions set forth in Section 5.5(a) of each of the SSAs with respect to any Transfer of Voting Stock made by any Sponsor Party. As used herein, “Transfer” and “Voting Stock” shall each have the meanings given them in the respective SSA.
Very truly yours,
FIDELITY NATIONAL INFORMATION SERVICES, INC.
By: | /s/ Marc M. Mayo |
Name: | Marc M. Mayo |
Title: | Executive Vice President and Chief Legal Officer |