Business Combination Proposal

Business Combination Proposal. Shall mean: i. any bona fide business combination proposal however communicated, including without limitation a "bear hug" letter or other similar communication directed to the Board or any member of the Board, any merger proposal involving the Company or any 11 12 Subsidiary, any purchase of all or a material portion of the assets of the Company or any... Subsidiary, or any tender or exchange offer directed to security holders of the Company, and ii. any proposal to purchase more than 25% of the Total Voting Power; but shall not include any proposal that intentionally has been induced, in whole or in part and directly or indirectly, by one or more Stockholders in order to cause the termination of the restrictions set forth in section 1(a)(i) hereof. View More