WebA "Change in Control" shall result if, and shall be deemed to have occurred on the date of, a transaction pursuant to which: Sample 1 Sample 2 Sample 3. Change in Control … WebChange of Control Provision. Upon a Change of Control or a Hostile Takeover during the term of this Agreement, Independent Contractor shall immediately become 100% …
Change of Control Clause Practical Law
WebNov 9, 2015 · The change of control, or acquisition, of an entity is defined as: Any change in the entity ownership occurring when any person or company, directly or indirectly, becomes the beneficial owner of voting equity shares of the entity (to the extent of more than 50 percent of the voting shares) or the rights to acquire such shares; Any direct or ... WebA change of control agreement may be included in the employment contract of a senior employee from the outset. Often, however, it is only when faced with the prospect of an actual change of control that an employer will draft a new contract of employment to address this uncertainty. Whether created proactively or reactively, a well-drafted ... phenix city animal shelter
“Dead Hand Proxy Puts”—What You Need to Know - The …
WebDefinition of Change of Control Coverage Period “Change of Control Coverage Period” means a period commencing on the occurrence of a Change of Control Triggering … WebCHANGE IN CONTROL AGREEMENT This Change in Control Agreement (the "Agreement") is entered into as of _____, 2000, by and between _____, an individual ("Executive") and Corio, Inc., a Delaware corporation (the "Company"). ... The provisions of this Agreement are intended to be and are exclusive and in lieu of any other rights or … WebChange of Control Explained. Equity sales may trigger change of control provisions in the same manner that asset sales do anti-assignment provisions. These are necessary when one party needs a greater amount of control over who business is accomplished with and how deeply the relationship goes. These types of requirements are standard in ... phenix city animal control