Resale Day

Resale Day. Shall mean, (i) in the case of a Qualified Public Offering, any business day more than thirty days after the expiration of any "underwriter's lockup" or similar resale limitation in connection with such Qualified Public offering on any applicable securities held by Parthenon and (ii) in the case of a Sale Transaction other than a Qualified Public Offering the tenth business day after the first date when all the relevant securities received in such Liquidity Event are traded on a national... securities exchange or the NASDAQ Stock Market and freely salable under Rule 145 under the Securities Act of 1933, as amended (or any successor rule), and not subject to any "pooling," "tax-free reorganization" or similar contractual resale restrictions entered into in connection with the Sale Transaction. View More