Stockholders Agreement, by and among Hayward Holdings, Inc., CCMP Capital Investors III, L.P., CCMP Capital Investors III (Employee), L.P., MSD Aqua Partners, LLC, PE16PX Rocky Mountain Ltd., PE16GV Rocky Mountain Ltd. and certain other stockholders

EX-4.1 2 a1q21-exhibit41.htm EX-4.1 Document


HAYWARD HOLDINGS, INC.


AMENDED AND RESTATED STOCKHOLDERS’ AGREEMENT


DATED AS OF March 16, 2021

TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS; RULES OF CONSTRUCTION
1
1.1    Definitions
1
1.2    Rules of Construction
12
ARTICLE II ISSUANCES AND TRANSFERS OF SECURITIES
13
2.1    Issuances and Transfers of Securities
13
2.2    Restriction on Transfer; Coordination
13
2.3    [Intentionally Omitted.]
15
2.4    [Intentionally Omitted.]
15
2.5    Call Right; Forfeiture
15
ARTICLE III [INTENTIONALLY OMITTED.]
18
ARTICLE IV [INTENTIONALLY OMITTED.]
18
ARTICLE V REGISTRATION RIGHTS
18
5.1    [Intentionally Omitted.]
18
5.2    Required Registration
18
5.3    Piggyback Registration
20
5.4    Registration on Form S-3 or Form S-3ASR
21
5.5    Holdback Agreement
23
5.6    Preparation and Filing
24
5.7    Expenses
27
5.8    Indemnification
28


5.9    Underwriting Agreement
30
5.10    Information by Holder
32
5.11    Exchange Act Compliance
32
ARTICLE VI SECURITIES LAW COMPLIANCE; LEGENDS
32
6.1    Restrictive Legends
32
6.2    Notice of Transfer
32
6.3    Removal of Legends, Etc
33
6.4    Additional Legend
33
6.5    Future Stockholders
34
ARTICLE VII AMENDMENT AND WAIVER
34
7.1    Amendment
34
7.2    Waiver
35
ARTICLE VIII TERMINATION
35
ARTICLE IX MISCELLANEOUS
35
9.1    Severability
35
9.2    Entire Agreement
35
9.3    Independence of Agreements and Covenants
36
9.4    Successors and Assigns
36
9.5    Counterparts; Facsimile Signatures; Validity
36
9.6    Remedies
36
9.7    Notices
37
9.8    Governing Law; Venue
38
9.9    Waiver of Jury Trial
39
9.10    Further Assurances
39
9.11    Conflicting Agreements
39
9.12    Third Party Reliance
40
9.13    Subsidiaries
40
9.14    Adjustments
40
9.15    Non-Recourse
40
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS; RULES OF CONSTRUCTION
1
1.1    Definitions
1
1.2    Rules of Construction
12
ARTICLE II ISSUANCES AND TRANSFERS OF SECURITIES
13
2.1    Issuances and Transfers of Securities
13
2.2    Restriction on Transfer; Coordination
13
2.3    [Intentionally Omitted.]
15
2.4    [Intentionally Omitted.]
15


2.5    Call Right; Forfeiture
15
ARTICLE III [INTENTIONALLY OMITTED.]
18
ARTICLE IV [INTENTIONALLY OMITTED.]
18
ARTICLE V REGISTRATION RIGHTS
18
5.1    [Intentionally Omitted.]
18
5.2    Required Registration
18
5.3    Piggyback Registration
20
5.4    Registration on Form S-3 or Form S-3ASR
21
5.5    Holdback Agreement
23
5.6    Preparation and Filing
24
5.7    Expenses
27
5.8    Indemnification
28
5.9    Underwriting Agreement
30
5.10    Information by Holder
32
5.11    Exchange Act Compliance
32
ARTICLE VI SECURITIES LAW COMPLIANCE; LEGENDS
32
6.1    Restrictive Legends
32
6.2    Notice of Transfer
32
6.3    Removal of Legends, Etc
33
6.4    Additional Legend
33
6.5    Future Stockholders
34
ARTICLE VII AMENDMENT AND WAIVER
34
7.1    Amendment
34
7.2    Waiver
35
ARTICLE VIII TERMINATION
35
ARTICLE IX MISCELLANEOUS
35
9.1    Severability
35
9.2    Entire Agreement
35
9.3    Independence of Agreements and Covenants
36
9.4    Successors and Assigns
36
9.5    Counterparts; Facsimile Signatures; Validity
36
9.6    Remedies
36
9.7    Notices
37
9.8    Governing Law; Venue
38
9.9    Waiver of Jury Trial
39
9.10    Further Assurances
39
9.11    Conflicting Agreements
39
9.12    Third Party Reliance
40
9.13    Subsidiaries
40


9.14    Adjustments
40
9.15    Non-Recourse
40


IN WITNESS WHEREOF, the undersigned have duly executed this Stockholders’ Agreement as of the date first written above.

COMPANY:

HAYWARD HOLDINGS, INC.

By: /s/ Kevin Holleran        
    Name: Kevin Holleran
    Title: President and Chief Executive Officer




CCMP INVESTORS:

CCMP CAPITAL INVESTORS III, L.P.

By: CCMP CAPITAL ASSOCIATES III, L.P.,
Its General Partner

By: CCMP CAPITAL ASSOCIATES III GP, LLC,
Its General Partner


By: /s/ Mark McFadden            
    Name: Mark McFadden
    Title: Managing Director    


CCMP CAPITAL INVESTORS (EMPLOYEE) III, L.P.

By: CCMP CAPITAL ASSOCIATES III, L.P.,
Its General Partner

By: CCMP CAPITAL ASSOCIATES III GP, LLC,
Its General Partner

By: /s/ Mark McFadden            
    Name: Mark McFadden
    Title: Managing Director    




MSD INVESTORS:


MSD AQUA PARTNERS, LLC


By: /s/ Marcello Liguori        
    Name: Marcello Liguori
    Title: Vice President







AIMCO INVESTORS:

PE16PX ROCKY MOUNTAIN LTD.


By: /s/ James Ridout            
    Name: James Ridout
    Title: Director


PE16GV ROCKY MOUNTAIN LTD.


By: /s/ James Ridout            
    Name: James Ridout
    Title: Director





a.
Joinder Agreement
The undersigned is executing and delivering this Joinder Agreement pursuant to the Hayward Holdings, Inc. Amended and Restated Stockholders’ Agreement, dated as of March 16, 2021 (as amended, modified, restated or supplemented from time to time, the “Stockholders’ Agreement”). Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such terms in the Stockholders’ Agreement.
By executing and delivering this Joinder Agreement to the Company, the undersigned hereby agrees to become a party to, to be bound by, and to comply with the provisions of the Stockholders’ Agreement in the same manner as if the undersigned were an original signatory to such agreement.
The undersigned agrees that the undersigned shall be a Stockholder and [a] [an] [CCMP Investor] [MSD Investor] [AIMCo Investor] [Management Stockholder] [Other Stockholder].
Accordingly, the undersigned has executed and delivered this Joinder Agreement as of
                .
                    
Signature of Stockholder

                    
Print Name of Stockholder
Number of
Stockholder Shares:

_________shares of Common Stock
                    

                    

                    

                    
Address
                    
E-mail
                    
Telephone
ACKNOWLEDGED & ACCEPTED:
HAYWARD HOLDINGS, INC.

By                     
Name:
Title: