definiens: means, with respect to a Person, the occurrence, in a single transaction or a series of related transactions, of any one or more of the following events : ( i ) any third party immediately p rior to such transaction becomes the beneficial owner, directly or indirectly, of securities of such Person representing more than fifty percent ( 50 % ) of the voting power of such Person ; ( ii ) there is consummated a merger, consolidation, or similar transac tion involving such Person and, immediately after the consummation of such merger, consolidation, or similar transaction, the stockholders of such Person immediately prior to the consummation of such merger, consolidation, or similar transaction do not ben eficially own, directly or indirectly, outstanding voting securities representing more than fifty percent ( 50 % ) of the voting power of the surviving entity in such merger, consolidation, or similar transaction or more than fifty percent ( 50 % ) of the voting power of the parent of the surviving entity in such merger, consolidation, or similar transaction ; or ( iii ) a sale of all or substantially all of such Person ’s assets or business to a third party