Related Corporations. Related Corporations" shall mean (a) Carrier One; (b) any corporation of which Carrier One, directly or indirectly, owns more than fifty percent (50%) of the outstanding equity securities having general voting power under ordinary circumstances to elect at least a majority of the directors of such corporation; (c) any partnership, association, joint venture or other unincorporated organization or entity with respect to which Carrier One, directly or indirectly, owns equity securities in an amount sufficient to control the management of such partnership, association, joint venture or other unincorporated organization or entity; and (d) any corporation, partnership, association, joint venture or other unincorporated organization or entity in which Carrier One, directly or indirectly, has more than a fifty percent (50%) equity interest.
Appears in 5 contracts
Samples: Employment Agreement (Carrier1 International S A), Employment Agreement (Carrier1 International S A), Employment Agreement (Carrier1 International S A)
