Document ID: 11471

Text:
| (b)| For purposes of this Agreement, a Change of Control shall mean (i) the acquisition by any person or group (as defined in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (Exchange Act)), other than the Corporation, any subsidiary of the Corporation or any Corporations or subsidiarys employee benefit plan, directly or indirectly, as beneficial owner (as defined in Rule 13d-3 under the Exchange Act) of securities of the Corporation representing fifty percent ( 50% ) or more of either the then outstanding shares or the combined voting power of the then outstanding securities of the Corporation; (ii) either a majority of the directors of the Corporation elected at the Corporations most recent annual stockholders meeting shall have been nominated for election other than by or at the direction of the incumbent directors of the Corporation, or the incumbent directors shall cease to constitute a majority of the directors of the Corporation (the term incumbent director shall mean any director who was a director of the Corporation on January 1, 2017 and any individual who becomes a director of the Corporation subsequent to January 1, 2017 and who is elected or nominated by or at the direction of at least two-thirds of the then incumbent directors); (iii) the Corporation consummates a reorganization, merger, share exchange, consolidation or other business combination (a Reorganization) with any other person or group (as defined in Sections 13(d) and 14(d) of the Exchange Act) or affiliate thereof, other than a Reorganization that would result in the outstanding common stock of the Corporation immediately prior thereto continuing to represent, either by remaining outstanding or by being converted into common stock of the surviving entity or a parent or affiliate thereof, at least fifty percent ( 50% ) of the common stock of the Corporation or such surviving entity or a parent or affiliate thereof outstanding immediately after the Reorganization; or (iv) a plan of complete liquidation of the Corporation or an agreement for the sale or disposition by the Corporation of all or substantially all of the Corporations assets. ---|---|---

Named Entities:
43
47
Act
84
85
Regulation
100
101
Percentage
343
344
Percentage

Tokenized Text:
|
(
b
)
|
For
purposes
of
this
Agreement
,
a
Change
of
Control
shall
mean
(
i
)
the
acquisition
by
any
person
or
group
(
as
defined
in
Sections
13
(
d
)
and
14
(
d
)
of
the
Securities
Exchange
Act
of
1934
(
Exchange
Act
)
)
,
other
than
the
Corporation
,
any
subsidiary
of
the
Corporation
or
any
Corporations
or
subsidiarys
employee
benefit
plan
,
directly
or
indirectly
,
as
beneficial
owner
(
as
defined
in
Rule
13d-3
under
the
Exchange
Act
)
of
securities
of
the
Corporation
representing
fifty
percent
(
50
%
)
or
more
of
either
the
then
outstanding
shares
or
the
combined
voting
power
of
the
then
outstanding
securities
of
the
Corporation
;
(
ii
)
either
a
majority
of
the
directors
of
the
Corporation
elected
at
the
Corporations
most
recent
annual
stockholders
meeting
shall
have
been
nominated
for
election
other
than
by
or
at
the
direction
of
the
incumbent
directors
of
the
Corporation
,
or
the
incumbent
directors
shall
cease
to
constitute
a
majority
of
the
directors
of
the
Corporation
(
the
term
incumbent
director
shall
mean
any
director
who
was
a
director
of
the
Corporation
on
January
1
,
2017
and
any
individual
who
becomes
a
director
of
the
Corporation
subsequent
to
January
1
,
2017
and
who
is
elected
or
nominated
by
or
at
the
direction
of
at
least
two-thirds
of
the
then
incumbent
directors
)
;
(
iii
)
the
Corporation
consummates
a
reorganization
,
merger
,
share
exchange
,
consolidation
or
other
business
combination
(
a
Reorganization
)
with
any
other
person
or
group
(
as
defined
in
Sections
13
(
d
)
and
14
(
d
)
of
the
Exchange
Act
)
or
affiliate
thereof
,
other
than
a
Reorganization
that
would
result
in
the
outstanding
common
stock
of
the
Corporation
immediately
prior
thereto
continuing
to
represent
,
either
by
remaining
outstanding
or
by
being
converted
into
common
stock
of
the
surviving
entity
or
a
parent
or
affiliate
thereof
,
at
least
fifty
percent
(
50
%
)
of
the
common
stock
of
the
Corporation
or
such
surviving
entity
or
a
parent
or
affiliate
thereof
outstanding
immediately
after
the
Reorganization
;
or
(
iv
)
a
plan
of
complete
liquidation
of
the
Corporation
or
an
agreement
for
the
sale
or
disposition
by
the
Corporation
of
all
or
substantially
all
of
the
Corporations
assets
.
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