Control Change definition

Control Change means the occurrence of both:

Control Change. A "Control Change" is the sale of substantially all Company's assets to, or acquisition of a majority of Company's voting stock or entry into a voting or common control agreement covering a majority of the company's voting stock by, an entity (or a set of entities under effective common control) in which those controlling the acquiring entity or entities are not the same as those who have majority ownership and effective control of Company before the sale or acquisition.

Control Change means the occurrence of any of:

Examples of Control Change in a sentence

• Control Change Date means the date on which a Change in Control occurs.

• If a Change in Control occurs on account of a series of transactions, the Control Change Date is the date of the last of such transactions.

• On and after the Control Change Date, the provisions of this Paragraph 7 shall control and take precedence over any other provisions of this Agreement which are in conflict with or address the same or a similar subject matter as the provisions of this Paragraph 7.

• After the Control Change Date, Employee shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise and except as expressly set forth herein no such other employment, if obtained, or compensation or benefits payable in connection therewith shall reduce any amounts or benefits to which Employee is entitled hereunder.

• Control Change Date means the date on which an event described in Section 1.2 occurs.

More Definitions of Control Change

Control Change means the occurrence, at any date hereafter of any of the following events:

Control Change means the occurrence of any of the following events:

Control Change. (as defined in paragraph (c) below) is followed within two years by a "Material Change" (as defined in paragraph (b) below).

Control Change shall occur if:

Control Change means either:

Control Change means any of the following:

Control Change means any change in the effective control or direction of BCMC or EVE and includes, but is not limited to: