Document ID: 10803

Text:
(iii) Persons Acting as a Group. For purposes of clauses (i) and (ii) above, persons will not be considered to be acting as a group solely because they purchase or own capital stock or purchase assets of the Company at the same time. However, persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of assets or capital stock, or similar business transaction with the Company. If a person, including an entity, owns stock in both corporations that enter into a merger, consolidation, purchase or acquisition of assets or capital stock, or similar transaction, such shareholder is considered to be acting as a group with other shareholders in a corporation only with respect to the ownership in that corporation before the transaction giving rise to the change and not with respect to the ownership interest in the other corporation. For purposes of this paragraph, the term corporation shall have the meaning assigned such term under Treasury Regulation section 1.280G-1 , Q&amp;A-45.

Named Entities:
193
204
Regulation

Tokenized Text:
(
iii
)
Persons
Acting
as
a
Group
.
For
purposes
of
clauses
(
i
)
and
(
ii
)
above
,
persons
will
not
be
considered
to
be
acting
as
a
group
solely
because
they
purchase
or
own
capital
stock
or
purchase
assets
of
the
Company
at
the
same
time
.
However
,
persons
will
be
considered
to
be
acting
as
a
group
if
they
are
owners
of
a
corporation
that
enters
into
a
merger
,
consolidation
,
purchase
or
acquisition
of
assets
or
capital
stock
,
or
similar
business
transaction
with
the
Company
.
If
a
person
,
including
an
entity
,
owns
stock
in
both
corporations
that
enter
into
a
merger
,
consolidation
,
purchase
or
acquisition
of
assets
or
capital
stock
,
or
similar
transaction
,
such
shareholder
is
considered
to
be
acting
as
a
group
with
other
shareholders
in
a
corporation
only
with
respect
to
the
ownership
in
that
corporation
before
the
transaction
giving
rise
to
the
change
and
not
with
respect
to
the
ownership
interest
in
the
other
corporation
.
For
purposes
of
this
paragraph
,
the
term
corporation
shall
have
the
meaning
assigned
such
term
under
Treasury
Regulation
section
1
.
280G-1
,
Q
&
amp
;
A-45
.