Control of the Company Sample Clauses

Control of the Company. Nothing contained herein shall give to Parent or Sub, directly or indirectly, rights to control or direct the Company’s operations prior to the Effective Time in violation of applicable Law. Prior to the Effective Time, the Company shall exercise, consistent with the terms and conditions hereof, complete control and supervision of its operations.
Control of the Company. Any Change in Control shall occur.
Control of the Company. The controlling interest in the Company shall be held directly or indirectly by the Promoters unless otherwise agreed to in writing by IDA.
Control of the Company. Any Change in Control of the Company shall occur.
Control of the Company. TPR (i) is a Delaware corporation, the economic equity interest of which is 100% owned by Arie Genger and members of his family, and (ii) owns all of the issued and outstanding common stock of the Company and Controls the Company.
Control of the Company. Upon close of the acquisition of the Acquired Company, a large portion of the Company’s Common Stock will remain held by prior stockholders. As a result, the existing stockholders will have the right and the opportunity to undertake public re-sales of the Company’s Common Stock in the public markets and thereby influence, to a significant degree, the trading market for the Company’s Common Stock.
Control of the Company. Upon exercise of a limited right, the holder shall receive from the Company a cash payment equal to the difference between the exercise price of the option and the fair market value of the underlying shares of common stock. Stock Option Plan for Outside Directors The Company maintains the Amended and Restated Reliance Bancorp, Inc. 1994 Stock Option Plans for Outside Directors (the "Directors' Option Plans"). Each member of the Board of Directors who is not an officer or employee of the Company or the Bank is granted non-statutory options to purchase shares of the Company's common stock. Members of the Board of Directors of the Company are granted options to purchase shares of the common stock of the Company at an exercise price equal to the fair market value of the stock at the date of grant. All of the options granted under the Directors' Option Plan become exercisable over the vesting period and expire upon the earlier of 10 years following the date of grant or one year following the date the optionee ceases to be a director. Number of Shares of ---------------------------------- Non- Non- Weighted Incentive Statutory Qualified Average Stock Stock Options to Exercise Options Options Directors Price ------- ------- --------- ----- Balance Outstanding at June 30, 1995.......................... 608,505 216,390 196,650 $ 10.00 Granted....................................................... -- -- 6,727 15.25 Forfeited..................................................... -- -- -- -- Exercised..................................................... -- -- -- -- ----- ----- ----- ---- Balance Outstanding at June 30, 1996.......................... 608,505 216,390 203,377 $ 10.03 Granted....................................................... 70,398 213,402 40,500 18.22 Forfeited..................................................... -- -- -- -- Exercised..................................................... (48,780) (35,000) (6,000) 10.00 -------- -------- ------- ----- Balance Outstanding at June 30, 1997.......................... 630,123 394,792 237,877 $ 11.96 Granted....................................................... 13,647 3,353 40,500 29.87 Forfeited..................................................... -- -- -- -- Exercised..................................................... (131,399) (102,816) (1,500) 11.33 --------- --------- ------- ----- Balance Outstanding at June 30, 1998.......................... 512,371 295,329 276,877 $ 13.17 ======= ======= ======= =...
Control of the Company. At Closing, the board of directors of the Company shall resign, and be replaced with nominees of the Purchaser, as determined at Closing.
Control of the Company. No arrangement shall be made which would materially alter the controlling interest in the Company without the prior written consent of the Authority.