Qualified Liquidation Event

Example Definitions of "Qualified Liquidation Event"
Qualified Liquidation Event. A merger or consolidation (other than one in which shareholders of the Company own a majority of the voting power of the outstanding shares of the surviving or acquiring corporation) or a sale, lease, transfer, exclusive license or other disposition of all or substantially all of the assets of the Company in which the consideration is either all cash or securities that are either registered for sale on an exchange or quotation system or otherwise unrestricted and pursuant to which the equity... value of the Company (exclusive of any liabilities being assumed by the surviving or acquiring corporation) is at least $300 million View More
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