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Such information also includes the fact that both parties are holding discussions or working together, the nature and subject matter of such discussions or work, and any facts or details about such discussions, pricing, work or project. Service Provider, on behalf of itself and its employees and agents, agrees that, during the period of its discussions and/or business relationship with the other party and for so long thereafter as any information received by Service Provider remains Business Practices: (a) Service Provider shall not at any time disclose to any person, or use for its own benefit or the benefit of any third party, such Business Practices without the prior written consent of the other party; except that Service Provider may disclose Business Practices to one or more third parties if it is required to do so pursuant to law, court order or other directive of a legislative body; and (b) Service Provider shall disclose such Business Practices only to those employees of Service Provider who: (i) have a need-to-know such Business Practices in the performance of their duties associated with the business discussions or any resulting business relationship and (ii) are advised by Service Provider of the confidential nature of such information and are bound by Service Provider to maintain such in confidence. 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As used herein, \u201cQualified Public Offering\u201d means a firmly committed underwritten public offering of LSCG\u2019s common stock on The NASDAQ Stock Market or the New York Stock Exchange pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, where (a) the gross proceeds received by LSCG and any selling stockholders in the offering are no less than $100 million and (b) the market capitalization of LSCG immediately after consummation of the offering is no less than $500 million. As used herein, \u201cChange of Control\u201d means (a) the sale, conveyance or disposition, including but not limited to any spin-off or in-kind distribution, by LSCG or by one or more of its subsidiaries, of all or substantially all of the assets of LSCG (on a consolidated basis) to any person or group (other than LSCG or its wholly-owned subsidiaries and other than pursuant to a joint venture arrangement in which LSCG, directly or indirectly, receives at least fifty percent (50%) of the equity and voting interests); (b) the effectuation of a transaction or series of related transactions in which more than thirty-five percent (35)% of the voting power of LSCG is disposed of (other than (i) as a direct result of normal, uncoordinated trading activities in LSCG\u2019s common stock generally or (ii) solely as a result of the disposition by a stockholder of LSCG common stock to an Affiliate of such stockholder); (c) any merger, consolidation, stock or asset purchase, recapitalization or other business combination transaction (or series of related transactions) as a result of which the shares of capital stock entitled to vote generally in the election of directors and any preferred stock (treated on an as-converted basis) immediately prior to such transaction (or series of related transactions) are converted into and/or continue to represent (on an as-converted basis), in the aggregate, less than sixty-five percent (65%) of the total voting power of all shares of capital stock that are entitled to vote generally in the election of directors of the entity surviving or resulting from such transaction (or ultimate parent thereof); (d) a transaction or series of transactions in which any person, entity or \u201cgroup\u201d (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) acquires more than thirty-five percent (35)% of the voting equity of LSCG (other than the acquisition by a person, entity or \u201cgroup\u201d that is an Affiliate of or Affiliated with a person, entity or \u201cgroup\u201d that immediately prior to such acquisition, beneficially owned thirty-five percent (35)% or more of the voting equity of LSCG) or (e) Pegasus ceases to beneficially own in the aggregate at least ten percent (10%) of the outstanding capital stock of LSCG, on a fully-diluted basis.", "size": 1, "hash": "fd66c5e6917054bbb448b1c20e075004", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIbYnVzaW5lc3MtcHJhY3RpY2VzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"snippet": "means the practices developed by ATCLLC with the participation of its Interconnection and Transmission Customers relating to the manner in which certain requests, certain activities, including the compensation to be paid for certain construction-related activities, that affect the Distribution Facilities owned by others that are affected by Transmission Facilities construction are to be handled by ATCLLC and how the owners of Distribution Facilities may be compensated if the construction of Transmission Facilities necessitates the addition to or modification of Distribution Facilities.", "size": 29, "title": "Business Practices", "id": "business-practices", "examples": ["During the tenure of the Recipient with the Company and the Time Period stated in Section 3 the Recipient shall not: (Check All that Apply) \u274f - <strong>Business Practices</strong> - Provide the same or similar industry products, services, or engage in any other way representation of any other business of a similar nature to the business of the Company without written consent.", "The Contractor and its employees must conduct themselves with the highest degree of integrity and honesty and adhere to the policies and procedures as specified in FAR Part 3 and GSAM Part 503 Improper <strong>Business Practices</strong> and Personal Conflicts of Interest.", "Competitive Supplier agrees that it and its Associated Entities directly or indirectly involved in providing services or meeting the Competitive Supplier\u2019s obligations under the ESA shall comply with the provisions of the Uniform <strong>Business Practices</strong>, as applicable to Competitive Suppliers, and any amendments thereto, notwithstanding any relief from the Uniform <strong>Business Practices</strong> offered by the PSC to the Program.", "Any termination process will proceed pursuant to the Uniform <strong>Business Practices</strong> or Distributed Energy Resources Uniform <strong>Business Practices</strong>.", "Any change to this Agreement, other than the Open Price provision, shall require the Customer\u2019s affirmative consent, documented under one of the three methods specified in the NYPSC Uniform <strong>Business Practices</strong>.", "In accordance with the Uniform <strong>Business Practices</strong>, in the event of a dispute regarding an invoice or Competitive Supplier&#x27;s service, whether directly or through its Associated Entities, under this ESA, a Participating Consumer may initiate a formal dispute resolution process by providing written notice to the PSC.", "In accordance with the Uniform <strong>Business Practices</strong>, in the event of a dispute regarding an invoice or Competitive Supplier&#x27;s service, whether directly or through its Associated Entities, under this ESA, a Participating Customer may initiate a formal dispute resolution process by providing written notice to the PSC.", "In addition, the Competitive Supplier and its Associated Entities agree to comply with any code of conduct or policies the PSC may adopt in accordance with the PSC Orders and to all related Orders of Case 14-M-0564 and 14-M-0224 to which the Program Manager is required to adhere, notwithstanding any relief from the Uniform <strong>Business Practices</strong> offered by the PSC to the Program.", "The guidelines and procedures of FAR Subpart 9.5 and GSAM Subpart 509.5, Organizational and Consultant Conflicts of Interest, and FAR Part 3 and GSAM Part 3, Improper <strong>Business Practices</strong> and Personal Conflicts of Interest, will be used in identifying and resolving any issues of a conflict of interest under OASIS SB.", "Should You become aware of any possible violations of the terms of this Agreement, the Scrum Alliance Code of Ethics, or its accompanying Scrum Alliance <strong>Business Practices</strong> Guidelines, by You or any third party, whether or not they have been licensed by Scrum Alliance under the Marks, You agree to promptly notify Us of such potential violation."], "related": [["practices", "Practices", "Practices"], ["proper-practices", "Proper practices", "Proper practices"], ["best-practices", "Best Practices", "Best Practices"], ["past-practices", "Past Practices", "Past Practices"], ["group-practice", "Group practice", "Group practice"]], "related_snippets": [], "updated": "2025-07-07T00:35:48+00:00"}, "json": true, "cursor": ""}}