Document ID: 11249

Text:
(c) The consummation of a transaction approved by the Companys shareholders and involving: (1)a merger, consolidation or reorganization in which the Company is a constituent corporation, unless (i)the shareholders of the Company, immediately before such merger, consolidation or reorganization, own, directly or indirectly immediately following such merger, consolidation or reorganization, at least a majority of the combined voting power of the outstanding voting securities of the corporation resulting from such merger, consolidation or reorganization (the Surviving Corporation) in substantially the same proportion as their ownership of the voting securities immediately before such merger, consolidation or reorganization, (ii)the individuals who were members of the Incumbent Board immediately prior to the execution of the agreement providing for such merger, consolidation or reorganization constitute at least a majority of the members of the board of directors of the Surviving Corporation, and (iii)no Person other than (w)the Company, (x)any Subsidiary, (y)any employee benefit plan (or any trust forming a part thereof) maintained by the Company, the Surviving Corporation or any Subsidiary, or (z)any Person who, immediately prior to such merger, consolidation or reorganization had Beneficial Ownership of fifty-one percent (51%) or more of the then outstanding Voting Securities, has Beneficial Ownership of fifty-one percent (51%) or more of the combined voting power of the Surviving Corporations then outstanding voting securities (a transaction described in clauses (i)and (ii)shall herein be referred to as a Non- Control Transaction); (2)a complete liquidation or dissolution of the Company; or (3)an agreement for the sale or other disposition of all or substantially all of the assets of the Company to any Person (other than a transfer to a Subsidiary).

Named Entities:
233
234
Percentage
236
237
Percentage

Tokenized Text:
(
c
)
The
consummation
of
a
transaction
approved
by
the
Companys
shareholders
and
involving
:
(
1
)
a
merger
,
consolidation
or
reorganization
in
which
the
Company
is
a
constituent
corporation
,
unless
(
i
)
the
shareholders
of
the
Company
,
immediately
before
such
merger
,
consolidation
or
reorganization
,
own
,
directly
or
indirectly
immediately
following
such
merger
,
consolidation
or
reorganization
,
at
least
a
majority
of
the
combined
voting
power
of
the
outstanding
voting
securities
of
the
corporation
resulting
from
such
merger
,
consolidation
or
reorganization
(
the
Surviving
Corporation
)
in
substantially
the
same
proportion
as
their
ownership
of
the
voting
securities
immediately
before
such
merger
,
consolidation
or
reorganization
,
(
ii
)
the
individuals
who
were
members
of
the
Incumbent
Board
immediately
prior
to
the
execution
of
the
agreement
providing
for
such
merger
,
consolidation
or
reorganization
constitute
at
least
a
majority
of
the
members
of
the
board
of
directors
of
the
Surviving
Corporation
,
and
(
iii
)
no
Person
other
than
(
w
)
the
Company
,
(
x
)
any
Subsidiary
,
(
y
)
any
employee
benefit
plan
(
or
any
trust
forming
a
part
thereof
)
maintained
by
the
Company
,
the
Surviving
Corporation
or
any
Subsidiary
,
or
(
z
)
any
Person
who
,
immediately
prior
to
such
merger
,
consolidation
or
reorganization
had
Beneficial
Ownership
of
fifty-one
percent
(
51
%
)
or
more
of
the
then
outstanding
Voting
Securities
,
has
Beneficial
Ownership
of
fifty-one
percent
(
51
%
)
or
more
of
the
combined
voting
power
of
the
Surviving
Corporations
then
outstanding
voting
securities
(
a
transaction
described
in
clauses
(
i
)
and
(
ii
)
shall
herein
be
referred
to
as
a
Non
-
Control
Transaction
)
;
(
2
)
a
complete
liquidation
or
dissolution
of
the
Company
;
or
(
3
)
an
agreement
for
the
sale
or
other
disposition
of
all
or
substantially
all
of
the
assets
of
the
Company
to
any
Person
(
other
than
a
transfer
to
a
Subsidiary
)
.