Ownership Change Event. Consideration consisting of stock of the Company or a parent corporation or subsidiary corporation received pursuant to an Ownership Change Event with respect to the Shares shall remain subject to the S Corporation Provisions unless the provisions of Section 5.7 result in a termination of the S Corporation Provisions.
Appears in 2 contracts
Samples: Restricted Stock Agreement (DT Credit Company, LLC), Restricted Stock Agreement (DT Credit Company, LLC)
Ownership Change Event. Consideration consisting of stock of the Company or a parent corporation or subsidiary corporation received pursuant to an Ownership Change Event with respect to the Remaining Shares shall remain subject to the S Corporation Provisions unless the provisions of Section 5.7 result in a termination of the S Corporation Provisions.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Drivetime Automotive Group Inc), Restricted Stock Agreement (Drivetime Automotive Group Inc)