Examples of NOL Rights Plan in a sentence
This restriction does not prohibit the dividend of rights to common shareholders in conjunction with a NOL Rights Plan as described in the 2018 amendments to the Articles of Incorporation.
Adopt New NOL Rights Plan (NOL Pill)For ForForFor ForFor AgainstAgainstFor For CGI Inc.Meeting Date: 02/02/2022 Country: CanadaMeeting Type: Annual Ticker: GIB.A ProposalNumber Proposal Text Mgmt RecVote Instruction 1.1 Elect Director Alain Bouchard For For 1.2 1.3Elect Director George A.
Accordingly, we will vote in favor of NOL Rights Plans unless we believe the terms of the NOL Rights Plan may provide for a long-term anti-takeover device.
By way of counterfactual, Red Oak asserts that it would have been “highly implausible” for the NOL Rights Plan not to have been “analyzed and 188 See Stroud, 606 A.2d at 87 (“The trial court's extension of the duty of disclosure beyond that mandated by statute effectively amends the law.
Finally, Red Oak contends that the Defendants breached their fiduciary duties and created an unfair election process by failing to disclose that they had already “analyzed and evaluated”189 whether to implement an NOL Rights Plan before the Election.
The apparent reasoning by the Defendants was a pending motion to strike from the Complaint Red Oak’s allegations about the NOL Rights Plan.
There can be no assurance that the NOL Rights Plan will be effective in deterring a change of control or protecting the NOLs. Furthermore, a change in control would trigger the change of control provisions in a number of our material agreements, including our 2012 Credit Facility, bonding agreements with our sureties and certain employment contracts with certain officers and employees of the Company.
NOL Rights Plan On November 8, 2016 our board of directors approved an amendment and restatement of our stockholder rights plan originally adopted on March 26, 2007.
SulatForForManagement2AmendOmnibus Stock PlanFor For Management3 Advisory Vote to Ratify Named Executive Officers' Compensation4 Advisory Vote on Say on Pay FrequencyFor One YearFor One YearManagement Management5 Adopt NOL Rights Plan (NOL Pill)6 Ratify PricewaterhouseCoopers LLP asAuditorsFor For For For Management Management AMAZON.COM, INC.
The NOL Rights Plan was designed to deter an acquisition of the Company's stock in excess of a threshold amount that could trigger a change of control within the meaning of Internal Revenue Code Section 382.