definiens: means the acquisition of [COMPANY] by any Third Party ( the ) by meansof any transaction or series of related transactions to which [COMPANY] is a party ( including, any stock acquisition, merger orconsolidation ), in which transaction or such series of related transactions ( i ) the holders of outstanding voting securities ofVerenium immediately prior to such transaction or such series of related transactions do not 3hold, directly or indirectly, at least 50 % of the combined outstanding voting power of the acquiring entity, the survivingentity ( or [COMPANY] if it is the surviving entity in such transaction ), or the acquiring entity ’s or the surviving entity ’s ( orVerenium ’s if it is the surviving entity in such transaction ) direct or indirect parent entity, immediately after such transactionor such series of related transactions, ( ii ) the members of the board of directors of [COMPANY] immediately prior to suchtransaction or such series of related transactions do not constitute at least a majority of the board of directors of the acquiringentity or the surviving entity ( or [COMPANY] if it is the surviving entity of such transaction or series of transactions)immediately after such transaction or such series of related transactions, or ( iii ) the transfer or sale of all or substantially all ofthe collective business or assets of [COMPANY]