Distribution Event. the record date of any dividend or distribution made by the Company to Blackstone (subject to Section 5(b)), other than any dividend or distribution by the Company with a record date prior to, or as of, an IPO.
Appears in 3 contracts
Sources: Nonqualified Stock Option Agreement (New Skies Satellites Holdings Ltd.), Nonqualified Stock Option Agreement (New Skies Satellites Holdings Ltd.), Nonqualified Stock Option Agreement (New Skies Satellites Holdings Ltd.)