Change In Control Definition Example with 5 Variations

Change In Control. Notwithstanding the definition of the The term "Change Change in Control" contained in the Plan and as permitted by Article 5 of the Plan, for the purposes of this Agreement, the term "Change of Control" Control shall mean (i) (a) the sale, lease, exchange or other transfer of all or substantially all of the assets of the Company (in one transaction or in a series of related transactions) to a corporation that is not controlled by the Company, (ii) (b) the approval by the shareholders of the... Company of any plan or proposal for the liquidation or dissolution of the Company, (iii) (c) a successful tender offer for the Common Stock of the Company, after which the tendering party holds more than 50% 30% of the issued and outstanding Common Stock of the Company, or (iv) (d) a merger, consolidation, share exchange, or other transaction to which the Company is a party pursuant to which the holders of all of the shares of the Company outstanding prior to such transaction do not hold, directly or indirectly, at least 50% of the outstanding shares of the surviving company after the transaction. View More

Change In Control. Notwithstanding the definition of the term "Change in Control" contained in the Plan and as permitted by Article 5 of the Plan, for the purposes of this Agreement, the term "Change of Control" shall mean (i) the sale, lease, exchange or other transfer of all or substantially all of the assets of the Company (in one transaction or in a series of related transactions) to a corporation that is not controlled by the Company, (ii) the approval by the shareholders of the Company of any plan or... proposal for the liquidation or dissolution of the Company, (iii) a successful tender offer for the Common Stock of the Company, after which the tendering party holds more than 50% of the issued and outstanding Common Stock of the Company, or (iv) a merger, consolidation, share exchange, or other transaction to which the Company is a party pursuant to which the holders of all of the shares of the Company outstanding prior to such transaction do not hold, directly or indirectly, at least 50% of the outstanding shares of the surviving company after the transaction. To the extent any payment or settlement under this Agreement is subject to Section 409A of the Internal Revenue Code of 1986 (the "Code"), no event described above shall be considered a Change in Control unless such event also constitutes a permissible payment event under Treasury Regulation § 1.409A-3(a)(5) and (i)(v), (vi) and (vii). View More

Change In Control. Notwithstanding The term 'Change in Control' shall mean the definition occurrence of any of the term "Change in Control" contained in the Plan and as permitted by Article 5 of the Plan, for the purposes of this Agreement, the term "Change of Control" shall mean following: (i) the The sale, lease, exchange or other transfer of all or substantially all of the assets of the Company (in one transaction or in a series of related transactions) to a corporation that is not controlled by the Company, Company; or (ii) the approval by the shareholders of the Company of any plan or proposal for the The liquidation or dissolution of the Company, Company; or (iii) a A successful tender offer for the Common Stock of the Company, after which the tendering party holds more than 50% 30% of the issued and outstanding Common Stock of the Company, Company; or (iv) a A merger, consolidation, share exchange, or other transaction to which the Company is a party pursuant to which the holders of all of the shares of the Company Stock outstanding prior to such transaction do not hold, directly or indirectly, at least 50% 70% of the outstanding shares of the surviving company after the transaction. View More

Change In Control. Notwithstanding the definition of the The term "Change in Control" contained in the Plan and as permitted by Article 5 of the Plan, for the purposes of this Agreement, the term "Change of Control" shall mean (i) (a) the sale, lease, exchange or other transfer of all or substantially all of the assets of the Company (in one transaction or in a series of related transactions) to a corporation that is not controlled by the Company, (ii) (b) the approval by the shareholders of the Company of any... plan or proposal for the liquidation or dissolution of the Company, (iii) (c) a successful tender offer for the Common Stock of the Company, after which the tendering party holds more than 50% 30% of the issued and outstanding Common Stock of the Company, or (iv) (d) a merger, consolidation, share exchange, or other transaction to which the Company is a party pursuant to which the holders of all of the shares of the Company outstanding prior to such transaction do not hold, directly or indirectly, at least 50% of the outstanding shares of the surviving company after the transaction. View More

Change In Control. Notwithstanding the definition of the The term "Change in Control" contained in the Plan and as permitted by Article 5 of the Plan, for the purposes of this Agreement, the term "Change of Control" shall mean (i) (a) the sale, lease, exchange or other transfer of all or substantially all of the assets of the Company (in one transaction or in a series of related transactions) to a corporation that is not controlled by the Company, (ii) (b) the approval by the shareholders of the Company of any... plan or proposal for the liquidation or dissolution of the Company, (iii) (c) a successful tender offer for the Common Stock of the Company, after which the tendering party holds more than 50% 30% of the issued and outstanding Common Stock of the Company, or (iv) (d) a merger, consolidation, share exchange, or other transaction to which the Company is a party pursuant to which the holders of all of the shares of the Company outstanding prior to such transaction do not hold, directly or indirectly, at least 50% 70% of the outstanding shares of the surviving company after the transaction. View More