Unrelated Entity

Example Definitions of "Unrelated Entity"
Unrelated Entity. Shall mean an entity with respect to which 50% or more of such entity is not owned, directly or indirectly, by the Company, any subsidiary, the existing stockholders of the Company in approximately the same proportion as before the transaction or any employee benefit plan sponsored or maintained by the Company or any subsidiary (including any trustee of such plan acting as trustee); provided, however that no entity shall be an Unrelated Entity if Jonathan C. Coon (including any "person"... controlled by Jonathan C. Coon (as defined in Rule 12b-2 under the Exchange Act)) owns more than 10% of such entity. View More Arrow
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