Neiman Marcus 2004 Annual Report Download - page 125

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NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained in this Agreement, the parties hereby agree as
follows:
ARTICLE I.
DEFINITIONS
SECTION 1.1 General. As used in this Agreement, the following terms shall have the following meanings:
(a) "Action" shall mean any action, suit, arbitration, inquiry, proceeding or investigation by or before any court, any governmental or other
regulatory or administrative agency, body or commission or any arbitration tribunal.
(b) "Affiliate" shall mean, when used with respect to a specified person, another person that controls, is controlled by, or is under common control
with the person specified. As used herein, "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the
management and policies of such person, whether through the ownership of voting securities or other interests, by contract or otherwise.
(c) "Assets" shall mean assets, properties and rights (including goodwill), wherever located (including in the possession of vendors or other third
parties or elsewhere), whether real, personal or mixed, tangible, intangible or contingent, in each case whether or not recorded or reflected or required to
be recorded or reflected on the books and records or financial statements of any Person.
(d) "Authorized Capital Amendment" shall mean an amendment to the Neiman Marcus Certificate of Incorporation providing for an increase in
authorized capital and the creation of a new class of low-vote common stock having one-tenth (1/10) of one vote per share.
(e) "Business Entity" shall mean any corporation, partnership, limited liability company or other entity which may legally hold title to Assets.
(f) "Class A Common Stock" shall have the meaning set forth in the recitals hereto.
(g) "Class B Common Stock" shall have the meaning set forth in the recitals hereto.
(h) "Code" shall mean the Internal Revenue Code of 1986, as amended, and the Treasury regulations promulgated thereunder, including any
successor legislation.
(i) "Commission" shall mean the U.S. Securities and Exchange Commission.
(j) "Declaration Date" shall mean the date on which (i) the Harcourt General Board of Directors shall declare the dividend constituting the
Distribution and (ii) the certificate of merger effecting the Recapitalization shall be filed with the Secretary of State of the State of Delaware.
(k) "DGCL" shall mean the General Corporation Law of the State of Delaware.
(l) "Distribution" shall have the meaning set forth in the recitals hereto.
(m) "Distribution Agent" shall mean the distribution agent selected by Harcourt General to effect the Distribution.
(n) "Distribution Date" shall mean the date determined by the Board of Directors of Harcourt General following the consummation of the
Recapitalization for the mailing of certificates of Class B Common Stock to stockholders of Harcourt General in the Distribution.
B-2