Subsequent Transaction

Subsequent Transaction. The sale of any securities of the Corporation (whether debt, equity or otherwise), other than pursuant to the Corporation's Amended and Restated Equity-Based Compensation Plan or the Corporation's 2011 Employee Stock Purchase Plan (or any additional or successor employee equity compensation arrangements) that results in gross proceeds to the Company of at least $50,000,000.00

Subsequent Transaction. (i) the sale or other disposition of all or any part of the assets of the Company or any of its Subsidiaries (including insurance and condemnation proceeds) after the Issuance Date other than sales of inventory in the ordinary course of business and amounts reinvested in assets to be used in the Company's business within twelve (12) months of such disposition, (ii) any Subsequent Placement with any cash or non-cash proceeds (which non-cash proceeds shall be deemed to have been paid in cash at... the fair market value of such non-cash proceeds, as reasonably jointly determined by the Holder and the Company) paid by a Person thereunder, directly or indirectly, to (or at the direction of) the Company or any of its Subsidiaries and (iii) any cash or non-cash contributions (which non-cash contribution shall be deemed to have been paid in cash at the fair market value of such non-cash contribution, as reasonably jointly determined by the Holder and the Company, directly or indirectly, to (or at the direction of) the Company or any of its Subsidiaries View More