Document ID: 13239

Text:
Change in Control means: (i)any Person or group (within the meaning of the Exchange Act and the rules of the SEC thereunder as in effect on the date hereof), other than Bruce C. Gottwald, Floyd D. Gottwald, Jr. or members of their respective families, or investment entities owned entirely (directly or indirectly) by them or members of their respective families, either individually or acting in concert with one or more other persons, shall have acquired beneficial ownership, directly or indirectly, of securities of the Company (or other securities convertible into such securities) representing 25% or more of the combined voting power of all securities of the Company entitled to vote in the election of members of the governing body of the Company, other than securities having such power only by reason of the happening of a contingency; (ii)the occurrence, during any period of 24 consecutive months, of a change in the composition of the governing body of the Company such that a majority of the members of any such governing body are not Continuing Members; (iii)the occurrence of any Change of Control or similar event as defined in any agreement or instrument evidencing any Material Indebtedness with an original principal amount in excess of $50,000,000; (iv)the failure at any time of the Company to legally and beneficially own and control 100% of the issued and outstanding shares of capital stock of Ethyl Corporation or Afton Chemical Corporation or the failure at any time of the Company to have the ability to elect all of the governing body of Ethyl Corporation or Afton Chemical Corporation; or (v)the Company ceases to own, directly or indirectly, and Control 100% (other than directors qualifying shares) of the ordinary voting and economic power of any Foreign Subsidiary Borrower.

Named Entities:
18
19
Act
114
115
Percentage
237
242
Principal
262
263
Percentage
324
325
Percentage

Tokenized Text:
Change
in
Control
means
:
(
i
)
any
Person
or
group
(
within
the
meaning
of
the
Exchange
Act
and
the
rules
of
the
SEC
thereunder
as
in
effect
on
the
date
hereof
)
,
other
than
Bruce
C
.
Gottwald
,
Floyd
D
.
Gottwald
,
Jr
.
or
members
of
their
respective
families
,
or
investment
entities
owned
entirely
(
directly
or
indirectly
)
by
them
or
members
of
their
respective
families
,
either
individually
or
acting
in
concert
with
one
or
more
other
persons
,
shall
have
acquired
beneficial
ownership
,
directly
or
indirectly
,
of
securities
of
the
Company
(
or
other
securities
convertible
into
such
securities
)
representing
25
%
or
more
of
the
combined
voting
power
of
all
securities
of
the
Company
entitled
to
vote
in
the
election
of
members
of
the
governing
body
of
the
Company
,
other
than
securities
having
such
power
only
by
reason
of
the
happening
of
a
contingency
;
(
ii
)
the
occurrence
,
during
any
period
of
24
consecutive
months
,
of
a
change
in
the
composition
of
the
governing
body
of
the
Company
such
that
a
majority
of
the
members
of
any
such
governing
body
are
not
Continuing
Members
;
(
iii
)
the
occurrence
of
any
Change
of
Control
or
similar
event
as
defined
in
any
agreement
or
instrument
evidencing
any
Material
Indebtedness
with
an
original
principal
amount
in
excess
of
$
50
,
000
,
000
;
(
iv
)
the
failure
at
any
time
of
the
Company
to
legally
and
beneficially
own
and
control
100
%
of
the
issued
and
outstanding
shares
of
capital
stock
of
Ethyl
Corporation
or
Afton
Chemical
Corporation
or
the
failure
at
any
time
of
the
Company
to
have
the
ability
to
elect
all
of
the
governing
body
of
Ethyl
Corporation
or
Afton
Chemical
Corporation
;
or
(
v
)
the
Company
ceases
to
own
,
directly
or
indirectly
,
and
Control
100
%
(
other
than
directors
qualifying
shares
)
of
the
ordinary
voting
and
economic
power
of
any
Foreign
Subsidiary
Borrower
.