Outstanding Voting Stock definition
Examples of Outstanding Voting Stock in a sentence
Outstanding Voting Stock of PixTech, or another entity as the context requires, shall mean (i) the Common Stock or other securities of PixTech (or such other entity) then outstanding and (ii) any other securities convertible into Common Stock of PixTech (or such other entity) then outstanding, having the power to vote on any matter brought before shareholders at a meeting or by written consent, other than securities having such power only upon the happening of a contingency which has not yet occurred.
Voting Power shall mean the number of votes entitled to then be cast by the Outstanding Voting Stock of PixTech at any election of directors of PixTech.
The term (the “Term”) of this Agreement shall commence on the date of this letter and end on the Termination Date; provided, however, should a Change of Control of the Company or an Acquisition of at Least 30% of the Company’s Outstanding Voting Stock and Board Change occur at any time prior to the Termination Date, all provisions of this Agreement shall apply and continue in full force and effect until all parties have discharged their duties hereunder.
The parties agree that it has been more than two years since a “Change of Control of the Company or an Acquisition of at Least 30% of the Company’s Outstanding Voting Stock and Board Change” as such terms are defined in the Executive Letter and you no longer have rights to enhanced severance benefits under Section 5 of the Executive Letter but you remain eligible for regular severance benefits under Section 6(d) of the Executive Letter.
The term (the “Term”) of this Agreement shall commence on the date of this letter and end on the Termination Date; provided, however, should a Change of Control of the Company, a Sale of the ProQuest I&L Business or an Acquisition of at Least 30% of the Company’s Outstanding Voting Stock and Board Change occur at any time prior to the Termination Date, all provisions of this Agreement shall apply and continue in full force and effect until all parties have discharged their duties hereunder.