definiens: means an assignment by LANTERN for the b enefit of its creditors, the appointment of a receiver for, or any execution levied upon, all or substantiall y all of LANTERN ’s business or assets, the filing of any pet ition for voluntary or involuntary bankruptcy or si milar proceeding against LANTERN which is not dismissed w ithin 90 days of its filing, or LANTERN ’S dissoluti on or liquidation ; ( b ) means a tra nsaction or series of related transactions as a res ult of which a person or entity or group of persons or entities ac quires control of LANTERN, including, without limit ation, by virtue of an issuance of voting securities, a grant of one or more proxies, a merger, a consolidation, a share exchange, a reorganization or an asset sale ; ( c ) means possession of voting securities repre senting more than fifty percent ( 50 % ) of the voting power o f all outstanding voting securities of LANTERN, and ( d ) means that the party acquiring control of LANTERN ( or ownership of all or substantially all of its assets ) refuses to demonstrate a commitment to eith er the development, marketing and/or distribution o f the LICENSED TECHNOLOGY