Hostile Change in Control

Hostile Change in Control. Means any Change in Control described in Section 2.4(ii) that is not approved or recommended by the Board.

Hostile Change in Control. Mean individuals who are Continuing Directors cease to constitute a majority of the members of the Board ("Continuing Directors" for this purpose being the members of the Board on the date of this Agreement, provided that any person becoming a member of the Board subsequent to such date whose election or nomination for election was supported by two-thirds of those directors who were Continuing Directors at that time of the election or nomination shall be deemed to be c Continuing Director).

Hostile Change in Control. The occurrence of either of the following events that is not approved by two-thirds of the members of the Board of Directors in office immediately prior to the event(s): 1. Any person (as such term is used in Section 13 of the Securities Exchange Act of 1934 and the rules and regulations thereunder and including any Affiliate or Associate of such person, as defined in Rule 12b-2 under said Act, and any person acting in concert with ... such person) directly or indirectly acquires or otherwise becomes entitled to vote more than A) 50% of the voting power of all classes of company stock or B) 50% of the outstanding shares of stock; or 2. The stockholders approve any merger or consolidation of the Company, or any sale, lease or exchange of all or any substantial part of the consolidated assets of the Company and its Subsidiaries to any other person in which the Company is not the continuing or surviving corporation. View More

Hostile Change in Control. Shall mean any Change in Control other than an Approved Change in Control.