Proposed Business Combination. A “Proposed Business Combination” is pending if the Employer has entered into a definitive agreement providing for a merger, consolidation or other transaction that, as the result of or in connection with such transaction or any combination of related transactions, will result in a Change in Control and such definitive agreement has not been terminated.
Appears in 3 contracts
Sources: Change in Control Agreement (Service Bancorp Inc), Change in Control Agreement (Service Bancorp Inc), Change in Control Agreement (Service Bancorp Inc)