Change of Control of 1347 Advisors

Change of Control of 1347 Advisors. Shall mean any transaction pursuant to which the ultimate parent company of 1347 Advisors sells its business other than to any Affiliate of such ultimate parent company by (x) a sale or conveyance of all or substantially all of the assets of such parent company to any Person, or (y) a sale or conveyance of the equity interests in such parent company, or a merger or consolidation of such parent company with any Person, in any such case in which the equity holders of such parent company,... immediately prior to such transaction shall own in the aggregate, immediately after giving effect thereto, less than a majority of the voting interests or the economic interests of the surviving entity (or its parent) or the purchasing entity (or its parent), as the case may be. View More