Change In Control

Change In Control. The occurrence of any of the following events: (i) the acquisition by any one person, or more than one person acting as a group, of ownership of stock of the Company that, together with stock held by such person or group, constitutes more than fifty percent (50%) of the total fair market value or total voting power of the stock of the Company; (ii) the acquisition by any one person, or more than one person acting as a group, of all or substantially all of the Company's assets during the... 12-month period ending on the date of the most recent acquisition. For purposes of this subsection (ii), "substantially all" means at least 60% of the assets of the Company immediately before such acquisition(s); or (iii) when a majority of the members of the Board is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of the Board before the date of the appointment or election. View More

Change In Control. Shall have the meaning set forth in the Atea Pharmaceuticals, Inc. 2020 Incentive Award Plan, as in effect on the Effective Date.