Excluded Offering

Excluded Offering. Shall mean (a) an offering relating solely to dividend reinvestment plans or stock option or other employee benefit plans, (b) any merger, consolidation or acquisition, (c) any exchange or tender offer, whether with existing security holders of ATC or any other Person, or (d) a firm underwritten offering relating solely to convertible securities or units consisting of securities senior to Common Stock and warrants, options and rights to acquire Common Stock in which the managing underwriters... shall have objected to the inclusion of any Registrable Securities. View More

Excluded Offering. (a) the IPO, and (b) an offering of securities by the Company: (i) in connection with any employee stock option or other benefit plan; (ii) in connection with a dividend reinvestment plan; (iii) that are convertible into equity securities of the Company