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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/04/1999
Entire Document
 
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Combination and (ii) the Put Option will expire two days prior to such
consummation except with respect to any CCI Stock that is specified in a notice
delivered by the Holder pursuant to Section 2 prior to such date and except to
the extent the Put Option will continue under 5.2 as to that portion of the
consideration received constituting Replacement Securities. If the Holder
delivers a notice pursuant to Section 2 after its receipt of a notice from Allen
pursuant to this Section 5.3, the purchase and sale of any of the CCI Stock
specified in the Holder's notice may be conditioned at the Holder's option on
the consummation of the Business Combination described in Allen's notice
pursuant to this Section 5.3.

         6. Representations of Allen. Allen represents and warrants to the
Holder and each Permitted Transferee that on the date hereof and at all times
hereafter through the Closing: (a) Allen has full power and authority to execute
and deliver this Agreement and consummate the transactions contemplated hereby;
(b) this Agreement constitutes the legal, valid and binding obligation of Allen,
enforceable against Allen in accordance with its terms; (c) his execution and
delivery of this Agreement does not, and his performance of his obligations
under this Agreement will not, violate, conflict with or constitute a breach of,
or a default under, any material agreement, indenture or instrument to which he
is a party or which is binding on him, and will not result in the creation of
any lien on, or security interest in, any of his assets (other than such
violations, breaches, defaults, liens or security interests that would not
materially and adversely affect his ability to perform his obligations under
this Agreement); and (d) his Net Worth is and will be greater than $4 billion.
At the request of R&A Management, LLC, a Colorado limited liability company
("R&A"), made (on behalf of Holder together with all other holders receiving put
agreements in connection with the transactions under the Purchase Agreements) no
more frequently than once every 180 days, Allen will within 10 days of such
request deliver to R&A a certificate signed by him or his attorney-in-fact as to
the representation and warranty in clause (d) being true and correct at such
time. "Net Worth" means the excess of the fair market value of Allen's assets
over the aggregate amount of Allen's liabilities.

         7. Termination of Put Option. The Put Option shall terminate on the
earlier of (i) the date on which all Registrable Securities covered by the
Registration Statement have been sold pursuant to the Shelf Registration (each
as defined in the Registration Rights Agreement) or otherwise sold (other than
to Permitted Transferrees) and (ii) the date two years from the date hereof.

         8. Miscellaneous.

            8.1 No Impairment of other Put Rights. Nothing herein is intended to
supersede, or limit Holder's ability to exercise its rights under, the Accretion
Put (as defined in the Contribution Agreement).

            8.2 Complete Agreement; Modifications. This Agreement constitutes
the parties' entire agreement with respect to the subject matter hereof and
supersedes all other agreements, representations, warranties, statements,
promises and understandings, whether oral or written, with respect to the
subject matter hereof. This Agreement may not be amended, altered or modified
except by a writing signed by both parties.


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