Common use of Definition of a Clause in Contracts

Definition of a. “Change of Control”. “Change of Control” shall mean a “change in the ownership of the Company,” a “change in the effective control of the Company,” or a “change in the ownership of a substantial portion of the assets of the Company” as such terms are defined in Section 1.409A-3(i)(5) of the Treasury Regulations.

Appears in 9 contracts

Samples: Employment Agreement (Corrections Corp of America), Employment Agreement (Corrections Corp of America), Employment Agreement (Corrections Corp of America)

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