Specified Owner

Example Definitions of "Specified Owner"
Specified Owner. Any of the following: (i) the Company; -4- (ii) an Affiliate; (iii) an employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate; (iv) a Person that becomes a Beneficial Owner of the Company's outstanding Voting Securities representing 30 percent (30%) or more of the voting power of the Company's then outstanding Voting Securities as a result of... the acquisition of securities directly from the Company and/or its Affiliates; or (v) a Person that becomes a Beneficial Owner of the Company's outstanding Voting Securities representing 30 percent (30%) or more of the combined voting power of the then outstanding Voting Securities of the Company as a result of a Merger if the individuals and Entities who were the Beneficial Owners of the Voting Securities of the Company outstanding immediately prior to such Merger own, directly or indirectly, at least 55 percent (55%) of the combined voting power of the Voting Securities of any of the Company, the surviving entity or the parent of the surviving entity outstanding immediately after such Merger in substantially the same proportions as their ownership of the Voting Securities of the Company outstanding immediately prior to such Merger. View More Arrow
All Definitions