Owned. At least fifty-one percent (51%) of the business or, in the case of a publicly owned business, at least fifty-one percent (51%) of the stock is owned by a minority, woman or service-disabled veteran. Transfer of ownership to or purchase of an existing business by a minority, woman, or service-disabled veteran by a non-minority who remains actively involved in the operation of the business does not qualify as a MWDVBE.
Appears in 3 contracts
Sources: Application Service Provider Agreement (Synchronoss Technologies Inc), Product Purchase Agreement (Tii Network Technologies, Inc.), Master Agreement for Call Center Services (Apac Customer Service Inc)