Control Transfer

Example Definitions of "Control Transfer"
Control Transfer. Means any consolidation or merger of the Corporation with or into any other corporation or other entity or person, or any other corporate reorganization, in which the stockholders of the Corporation immediately prior to such consolidation, merger or reorganization, retain or receive on account of their securities of the Corporation less than fifty percent (50%) of the surviving entity's voting power immediately after such consolidation, merger or reorganization, or any transaction or series of... related transactions in which in excess of fifty percent (50%) of the Corporation's voting power is acquired by a Person or a group of Persons; provided, however, the term "Control Transfer" shall not include any transaction or series of related transactions pursuant to which any Affiliates acquire or dispose of more than fifty percent (50%) of the Corporation's voting power and in which no non-Affiliates participate. View More
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