Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Master Separation Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Master Separation Agreement

Entities:

Coach, Inc.; Skadden, Arps, Slate, Meagher & Flom LLP

Date:

2000

Size:

Preview shows 10KB of 158KB total

Price:

$42

ID:

#380664

 

 

► M&A ► Separation ► Master Separation Agreements
► Consumer ► Apparel & Accessories
► Services ► Legal

 

 

Start of Preview


                           MASTER SEPARATION AGREEMENT


between

SARA LEE CORPORATION

and

COACH, INC.


{PAGE}

TABLE OF CONTENTS


{TABLE}
{CAPTION}
Page
----
{S} {C} {C}
ARTICLE I SEPARATION..................................................................2
Section 1.1 Separation Date......................................2
Section 1.2 Closing of Transactions..............................2
Section 1.3 Exchange of Secretary's Certificates.................2

ARTICLE II DOCUMENTS AND ITEMS TO BE DELIVERED ON THE SEPARATION DATE .................2
Section 2.1 Documents to Be Delivered by Sara Lee................2
Section 2.2 Documents to Be Delivered by Coach...................3

ARTICLE III THE IPO AND ACTIONS PENDING THE IPO; DISTRIBUTION...........................4
Section 3.1 Transactions Prior to the IPO........................4
Section 3.2 Cooperation..........................................5
Section 3.3 Conditions Precedent to Consummation of the IPO......5
Section 3.4 Distribution.........................................6
Section 3.5 Further Assurances Regarding the Distribution........6

ARTICLE IV COVENANTS AND OTHER MATTERS.................................................7
Section 4.1 Other Agreements.....................................7
Section 4.2 Further Instruments..................................7
Section 4.3 Agreement for Exchange of Information................8
Section 4.4 Auditors and Audits; Financial Statements;
Accounting Matters..................................10
Section 4.5 Confidentiality.....................................13
Section 4.6 Privileged Matters..................................15
Section 4.7 Mail and Other Communications.......................17
Section 4.8 Consistency with Past Practices.....................18
Section 4.9 Environmental and Safety Practices..................18
Section 4.10 Payment of Expenses.................................18
Section 4.11 Dispute Resolution..................................19
Section 4.12 Governmental Approvals..............................20
Section 4.13 No Representation or Warranty.......................20
Section 4.14 Non-Solicitation of Employees.......................21
Section 4.15 Cooperation in Obtaining New Agreements.............21


-i-
{PAGE}

Section 4.16 Property Damage to Coach Assets Prior to
the Separation Date.................................22
Section 4.17 Restrictions on Coach...............................22
Section 4.18 Sara Lee Employee Discount on Coach Products........23

ARTICLE V REGISTRATION RIGHTS........................................................23
Section 5.1 Demand Registration.................................23
Section 5.2 Piggyback Registration..............................26
Section 5.3 Expenses............................................28
Section 5.4 Blackout Period.....................................28
Section 5.5 Selection of Underwriters...........................29
Section 5.6 Registration and Qualification......................29
Section 5.7 Underwriting; Due Diligence.........................31
Section 5.8 Indemnification and Contribution....................32
Section 5.9 Rule 144 and Form S-3...............................37
Section 5.10 Holdback Agreement..................................37
Section 5.11 Term................................................38

ARTICLE VI MISCELLANEOUS..............................................................38
Section 6.1 Limitation of Liability.............................38
Section 6.2 Entire Agreement....................................38
Section 6.3 Governing Law and Jurisdiction......................39
Section 6.4 Termination.........................................39
Section 6.5 Notices.............................................39
Section 6.6 Counterparts........................................40
Section 6.7 Binding Effect; Assignment..........................40
Section 6.8 Severability........................................40
Section 6.9 Failure or Indulgence Not Waiver; Remedies
Cumulative..........................................40
Section 6.10 Amendment...........................................41
Section 6.11 Authority...........................................41
Section 6.12 Interpretation......................................41
Section 6.13 Conflicting Agreements..............................41

ARTICLE VII DEFINITIONS................................................................41
Section 7.1 AAA.................................................41
Section 7.2 Affiliated Company..................................42
Section 7.3 Ancillary Agreements................................42
Section 7.4 Assets..............................................42

-ii-
{PAGE}

Section 7.5 Assignment Agreement................................42
Section 7.6 Blackout Period.....................................42
Section 7.7 Coach Affiliate.....................................42
Section 7.8 Coach Assets........................................42
Section 7.9 Coach's Auditors....................................42
Section 7.10 Coach Business......................................42
Section 7.11 Coach Capital Stock.................................42
Section 7.12 Coach Group.........................................42
Section 7.13 Coach Transfer Agent................................43
Section 7.14 Code................................................43
Section 7.15 Commission..........................................43
Section 7.16 Common Stock........................................43
Section 7.17 Company Notice......................................43
Section 7.18 Company Securities..................................43
Section 7.19 Confidential Business Information...................43
Section 7.20 Confidential Information............................43
Section 7.21 Confidential Operational Information................43
Section 7.22 Continuously Effective..............................43
Section 7.23 Demand Registration.................................43
Section 7.24 Demand Registration Statement.......................44
Section 7.25 Dispute.............................................44
Section 7.26 Dispute Resolution Commencement Date................44
Section 7.27 Distribution........................................44
Section 7.28 Distribution Date...................................44

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC