Realization Event. “Realization Event” shall mean the receipt by the Principal Stockholders of Realization Proceeds; provided, however, that there shall be no Realization Event after the occurrence of a Change of Control Transaction, and a Change of Control Transaction shall be the final Realization Event.
Appears in 3 contracts
Sources: Stock Option Agreement (PPD, Inc.), Stock Option Agreement (PPD, Inc.), Stock Option Agreement (PPD, Inc.)