Approved Change in Control definition

Approved Change in Control means a Change in Control which shall -------- ------ -- ------- have been approved, and/or recommended to the Company's shareholders, by a majority of the Continuing Directors.
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Approved Change in Control means any Change in Control that the Board, by resolution adopted prior to the occurrence of any of the events constituting a Change in Control, specifically and expressly declares shall constitute an “Approved Change in Control” for purposes of this Agreement.
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Approved Change in Control means a Change of Control that has occurred with the prior approval of a majority of the Continuing
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Examples of Approved Change in Control in a sentence

  • Upon the occurrence of any Change in Control of the Company, other than an Approved Change in Control of the Company, notwithstanding anything to the contrary set forth herein, all of the Options granted hereunder shall immediately vest and become exercisable in full.

  • An "Approved Change in Control" of the Company shall mean a Change in Control that is approved by a majority of the Company's Board of Directors.

  • Any options or warrants to purchase capital stock of the Company (collectively, the "Options") granted by the Company to Executive that have not yet become exercisable shall become exercisable upon the earliest to occur of (a) the termination of Executive's employment as a result of Executive's death or disability; (b) the termination by Executive with Good Reason; or (c) the termination by Executive after a Change in Control (other than an Approved Change in Control).

  • With respect to an Approved Change in Control, WSI's obligations in this Section 6 shall not be mandatory but rather shall be permissive.

  • Chase hereby represents that prior to execution and delivery of the Merger Agreement, it amended its Retirement and Family Benefits Plan, to the extent permitted by law and consistent with maintaining its qualified status under the Code, to provide that an Approved Change in Control in 1995 or 1996 will not constitute a Change in Control for the purposes of such Plan.


More Definitions of Approved Change in Control

Approved Change in Control of Bandwidth means a Change in Control of Bandwidth of a nature that would be required to be reported in response to Item 5.01 of the Current Report on Form 8-K, as if in effect on the Effective Date, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") if the transaction causing such a change will have been approved by the affirmative vote of at least a majority of the Continuing Directors.
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Approved Change in Control of Bandwidth means a Change in Control of Bandwidth of a nature that would be required to be reported in response to Item 5.01 of the Current Report on Form 8-K, as if in effect on the Effective Date, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) if the transaction causing such a change will have been approved by the affirmative vote of at least a majority of the Continuing Directors.
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Approved Change in Control means a Change in Control as defined in the RDA Holding Co. 2010 Equity Incentive Plan provided that such Change of Control is approved by the majority of the Current Board, and excluding clause (b) of such definition.
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Approved Change in Control of Bandwidth means a Change in Control of Bandwidth of a nature that would be required to be reported in response to Item 5.01 of the Current Report on Form 8-K, as if in effect on the Effective Date, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") if the transaction causing such a change will have been approved by the affirmative vote of at least a majority of the Continuing Directors. "Change in Control" means, and will be deemed to have occurred at such time as: (i) any "person" (as such term is used in Section 13(d) and 14(d) of the Exchange Act) becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of fifty percent (50%) or more prior to Bandwidth's first underwritten public offering and twenty-five percent (25%) or more after, but not as a result of, Bandwidth's first underwritten public offering, or more of the combined voting power of Bandwidth's Voting Securities; (ii) sale of all or substantially all of the assets of Bandwidth, or any merger, consolidation, or reorganization to which Bandwidth is a party and as the result of which Bandwidth's stockholders prior to the transaction do not own at least fifty percent (50%) of the voting power of the surviving entity in the election of directors; or
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Approved Change in Control means any Change in Control occurring by reason of or upon the occurrence of the transactions and events contemplated by the Merger Agreement. "Merger Agreement" means any agreement or plan of merger or consolidation between the Company and Chemical Banking Corporation that is approved by the Boards of Directors of the Company and Chemical Banking Corporation on or before September 30, 1995, as modified from time to time.
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Approved Change in Control means a Change in Control- which is approved in writing by the Board prior to the Change in Control Date.
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Approved Change in Control means a Change of Control that has occurred with the prior approval of a majority of the Continuing Directors and the term "CONTINUING DIRECTOR" shall mean any member of the Board of Directors of the Company who is not an Acquiring Person or a nominee or representative of an Acquiring Person or of any affiliate or associate of an Acquiring Person and any successor to a Continuing Director who was recommended for election or elected to succeed a Continuing Director by a majority of the Continuing Directors then on the Board of Directors of the Company.
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