Preliminary Event definition

Preliminary Event means an involuntary termination of the Executive’s employment by the Company without Cause prior to a Change in Control and the expiration of the Term; provided that Executive reasonably demonstrates that such termination (i) was requested by a party other than the Board that has taken other steps reasonably calculated to result in a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control.
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Preliminary Event means any of the following events or transactions occurring on or after the date hereof: (1) Issuer or any Issuer Subsidiary (as defined below), without having received Grantee's prior written consent, shall have entered into an agreement to engage in an Acquisition Transaction (as defined below) with any person (the term "person" for purposes of this Agreement having the meaning assigned thereto in Sections 3(a)(9) and 13(d)(3) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (collectively, the "1934 Act")) other than Grantee or any Grantee Subsidiary (as defined below) or the Board of Directors of Issuer (the "Issuer Board") shall have recommended that the shareholders of Issuer approve or accept any Acquisition Transaction other than the Merger. For purposes of this Agreement:
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Preliminary Event means the occurrence of any one or more of the following: (i) the Company enters into a letter of intent, an agreement in principle or a definitive agreement relating to an Event described in Paragraph J above which ultimately results in such an Event described in Paragraph J hereof, (ii) a tender or exchange offer or proxy contest is commenced which ultimately results in an Event described in Paragraph J hereof, or (iii) there shall be an involuntary termination of Employee’s employment with the Company and its Subsidiaries at the initiative of the Company without Cause or any of the events which constitute a Constructive Involuntary Termination of employment of the Employee has occurred, and the Employee reasonably demonstrates that such event (x) was requested by a party other than the Board that has previously taken other steps reasonably calculated to result in an Event described in Paragraph J above and which ultimately results in an Event described in Paragraph J hereof or (y) otherwise arose in connection with or in anticipation of an Event described in Paragraph J above that ultimately occurs.
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Examples of Preliminary Event in a sentence

  • By signing below, [INDIVIDUAL or ORGANIZATION NAME] (“Contestant”) agrees to the terms of this 5G Challenge Preliminary Event Participation Agreement (“Agreement”) between itself and Cable Television Laboratories, Inc.

Related to Preliminary Event

  • Preliminary Purchase Event means any of the following events:

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

  • Preliminary Work means all work done in the concept and preparatory stages (including non-exhaustively design, artwork, colour matching).

  • Preliminary Notice means the notice of intended Termination by the Party entitled to terminate this Agreement to the other Party setting out, inter alia, the underlying Event of Default.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.