Parent Definition Example

This example Parent definition appears in 2 contracts from 1 company

Parent. Any corporation in an unbroken chain of corporations ending with the Company if, at the time of granting of the option, each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in the chain
AVX Corp Contracts

AVX CORPORATION 2014 STOCK OPTION PLAN (Filed With SEC on May 22, 2013)

AVX Corporation 2004 Stock Option Plan amended July 23, 2008 (Filed With SEC on August 4, 2008)

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