Divisive Transaction
Divisive Transaction. Means a transaction in which the Participant's Employer ceases to be a Subsidiary, Foreign Affiliate or Affiliate or a sale of substantially all of the assets of a Subsidiary, Foreign Affiliate or Affiliate.
Found in
CSX Corp. contract
Divisive Transaction. A transaction other than a Change in Control in which the Participant's Employer (other than CSX) ceases to be a Subsidiary, or Affiliate or a sale of substantially all of the assets of a Subsidiary or Affiliate.
Found in
CSX Corp. contract
Divisive Transaction. A transaction in which the Participant's Employer ceases to be a Subsidiary, a sale of substantially all of the assets of a Subsidiary, or a sale or other disposition of assets or of a line of business that is designated as a Divisive Transaction by the Committee
All Definitions
Found in
MARKEL CORP contract
