Common use of Private Transaction Clause in Contracts

Private Transaction. Any transaction or series of transactions not covered in paragraphs (1) through (5) above the result of which is the suspension of the Company’s duty to file reports under the Exchange Act as a result of the remaining number of holders of the Company’s common stock following such transaction or series of transactions.

Appears in 13 contracts

Sources: Change in Control Severance Agreement (Versar Inc), Severance Agreement (Versar Inc), Severance Agreement (Versar Inc)

Private Transaction. Any transaction or series of transactions not covered in paragraphs (1) through (5) above the result of which is the suspension of the Company’s duty to file reports under the Exchange Act as a result of the remaining number of holders of the Company’s common stock following such transaction or series of transactions.series

Appears in 4 contracts

Sources: Severance Agreement (Versar Inc), Severance Agreement (Versar Inc), Change of Control Severance Agreement (Versar Inc)

Private Transaction. Any transaction or vor series of transactions not covered in paragraphs (1) through (5) above the result of which is the suspension of the Company’s duty to file reports under the Exchange Act as a result of the remaining number of holders of the Company’s common stock following such transaction or series of transactions.

Appears in 1 contract

Sources: Severance Agreement (Versar Inc)