Section 4 Termination Date

Example Definitions of "Section 4 Termination Date"
Section 4 Termination Date. Means (i) with respect to Section 4.1, at any time as the Common Stock then Beneficially Owned by the Holders constitutes less than 15% of the outstanding Common Stock of the Company, and (ii) with respect to Section 4.2, at any time as the number of shares of the Common Stock then Beneficially Owned by the deLaski Shareholders constitutes less than 52.8% of the number of shares of Common Stock Beneficially Owned by the deLaski Shareholders on the date hereof (after giving effect to the... transactions contemplated by the Recapitalization Agreement), provided that for the purpose of calculating the number of shares of Common Stock Beneficially Owned by the deLaski Shareholders on either such date, any shares of Common Stock issuable upon exercise of any unexercised options or warrants held by the deLaski Shareholders shall be disregarded. View More Arrow
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