Examples of Qualified Merger in a sentence
In the event of any merger or consolidation pursuant to which holders of outstanding shares of Common Stock exchange such shares for cash, property and/or securities of another corporation or entity (a "Qualified Merger"), then such merger or consolidation shall be deemed to be a liquidation of the Corporation for purposes of this Section 2.
For the fabrication of the PU film and the Al electrodes forming the transducer, vacuum deposition equipment was used [24].
Notice from the Company to the registered holder of this Agreement of a Qualified Merger Event shall provide detailed information regarding the consideration to be received by holders of Company Stock in connection with such Qualified Merger Event.
The Company shall provide written notice to the registered holder of this Agreement of a Qualified Merger Event at least ten days prior to the consummation of the Merger Event.
This Agreement shall automatically terminate upon the earlier of (a) the date on which Investors and their Affiliates cease to own, in the aggregate, at least two percent (2%) of the Company’s outstanding Common Stock (on an as-converted basis), (b) a Qualified Public Offering, and (c) the consummation of a Qualified Merger (as such terms are defined in the Investors’ Rights Agreement, of even date herewith, among the Company and each of the investors listed on Schedule A thereto).