CompUSA 2015 Annual Report Download - page 99

8.7 Standstill .WithoutPCM’sorSystemax’sconsent,asapplicable,PCMandSystemaxshallnot,andshallcausetheirrespective“affiliates”(as
definedinRule12b-2undertheExchangeAct)notto,foraperiodoffiveyearsfromthedateofthisAgreement:(i)purchaseorotherwiseacquire,oroffer,seek,
proposeoragreetoacquire,ownership(including,butnotlimitedto,beneficialownershipasdefinedinRule13d-3undertheExchangeAct)ofanysecuritiesof
the PCM or Systemax, asapplicable, or any direct or indirect rights or options to acquireany such securities or any securities convertible into such securities
(collectively,“Securities”);(ii)seekorpropose,aloneorinconcertwithothers,tocontrolorinfluenceinanymannerthemanagement,theboardofdirectorsor
thepoliciesofPCMorSystemax,asapplicable,including,butnotlimitedto,aproposalpursuanttoRule14a-8;(iii)make,orinanywayparticipate,directlyor
indirectly,inany“solicitation”of“proxies”(assuchtermsareusedintheproxyrulesundertheExchangeActandtheregulationsthereunder)tovote,orseekto
advise or influence any person with respect to the voting of any voting securities of the other party or any of its subsidiaries; (iv) form, join, or in any way
participateina“group”(withinthemeaningofSection13(d)(3)oftheExchangeAct);(v)makeanyproposaloranystatementregardinganyproposal,whether
writtenororal,totheboardofdirectorsofPCMorSystemax,asapplicable,oranydirectororofficerofPCMorSystemax,asapplicable,orotherwisemakeany
public announcement or proposal whatsoever with respect to any other transaction or proposed transaction between the parties, any of PCM’s or Systemax’s
securityholders,asapplicable,oranyoftheirrespectiveaffiliates,including,withoutlimitation,anyacquisition,tenderorexchangeoffer,merger,saleofassetsor
securities,orotherbusinesscombination,unless(a)thePCM’sorSystemax’sboardofdirectors,asapplicable,ortheirrespectivedesignatedRepresentativesshall
have requested in advance the submission of such proposal, (b) such proposal is directed to PCM’s or Systemax’s board of directors, as applicable, or their
respectivedesignatedRepresentatives,and(c)anypublicannouncementwithrespecttosuchproposalisapprovedinadvancebyPCM’sorSystemax’sboardof
directors,asapplicable;or(vi)providingfinancing(includingguarantees),inwholeorinpart,toanypersonwithrespecttothemattersinclauses(i)-(v)above.
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8.8 Tax Returns .SellersshallprepareandfileallTaxReturnsrelatingtotheBusinessandthePurchasedAssetswithrespecttoperiodsendingon
or prior to the Closing Date.  Other than as set forth in Section 8.5, Purchaser shall prepare and file all other Tax Returns relating to the Business and the
PurchasedAssetsandshallprovideSellerswiththerighttoreviewandcomment(andPurchasershallconsideringoodfaithanytimelyreasonablecomments)to
such Tax Returns that include an Excluded Liability with respect to Taxes for periods that began before but end after the Closing Date.  Purchaser will be
responsibleforthepaymentofTaxesrelatedtoPurchaser’soperationoftheBusinessfollowingtheClosing.
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