Qualifying Strategic Transaction

Qualifying Strategic Transaction. Means (i) any Change of Control and (ii) any acquisition by the Company of another company (or all or substantially all of its assets), whether by means of a merger, stock purchase, asset purchase, reorganization or otherwise, which transaction is consummated on or before December 31, 2005.

Qualifying Strategic Transaction. Means any Strategic Transaction consummated after the Closing Date and before the one year anniversary of the Closing Date that results in the holders of Common Stock having the right to exchange their shares of Common Stock for cash, securities or other property at an effective price of at least $15.00 per share of Common Stock (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like).