Triggering Transaction

Triggering Transaction. For purposes of this Agreement, "Triggering Transaction" shall mean any Change of Control: (i) in which either: (1) the outstanding shares of Company Stock (as such term is defined in the Equity Compensation Plan), will be canceled; or (2) as a result of which the Company Stock no longer will be listed for trading on any Designated Exchange; and (ii) in connection with which the holders of Company Stock will have the right to receive consideration consisting of another entity's capital stock... or other equity securities, listed for trading on any Designated Exchange; and (iii) after which the Equity Compensation Plan is either: (A) continued in effect by the Company; or (B) is assumed or otherwise continued similarly by the appropriate Constituent Entity. View More