Common use of over Event Clause in Contracts

over Event. In the event that, at any time following the Stock Acquisition Date, (i) the Company is acquired in a merger or other business combination transaction in which the Company is not the surviving corporation or in which it is the surviving corporation but its common stock is changed or exchanged (other than a merger consummated pursuant to a qualifying offer), or (ii) more than 50% of the Company’s assets or earning power is sold or transferred, each holder of a Right (except rights which previously have been voided as set forth above) shall, after the expiration of the redemption period referred to below, have the right to receive, upon payment of the purchase price, common stock of the acquiring company having a value equal to two times the purchase price.