Spin-Off. “Spin-Off” shall mean the distribution of the securities of the Company to the stockholders of Palm, Inc. at a time when Palm, Inc. owns at least 80% of the Company’s securities.
Appears in 3 contracts
Samples: Management Retention Agreement (Palmsource Inc), Management Retention Agreement (Palmsource Inc), Management Retention Agreement (Palmsource Inc)
Spin-Off. “Spin-Off” shall mean the distribution of the securities of the Company to the stockholders a subsidiary of Palm, Inc. to its stockholders at a time when Palm, Inc. owns at least eighty percent (80% %) of the Companysuch subsidiary’s securities.
Appears in 1 contract
Spin-Off. “Spin-Off” ’ shall mean the distribution of the securities of the Company to the stockholders of Palm, Inc. at a time when Palm, Inc. owns at least 80% of the Company’s securities.
Appears in 1 contract
