Shareholder Group Event

Shareholder Group Event. Means the earliest to occur of: (i) the first date on which any member of the Shareholder Group engages in any of the activities prohibited by Section 5 if such violation is material and not wholly cured within three (3) business days following written notice thereof by the Company, (ii) the first date on which the members of the Shareholder Group sell, transfer or otherwise dispose of shares of Common Stock such that the Shareholder Group's aggregate beneficial ownership of Common Stock is... reduced below 5% of the outstanding Common Stock; (iii) the date on which there are no Designee Directors in office as members of the Board, if the Shareholder Group has not named a successor in accordance with Section 4(f) hereof; or (iv) the end of the Standstill Period. View More