Common use of Change in Control means Clause in Contracts

Change in Control means. (i) The acquisition after the date hereof by any individual, entity or group, or a Person (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended), in each case, other than an Excluded Person, of ownership of a majority of either: (i) the then outstanding shares of Common Stock (“Outstanding Common Stock”) of the Company; or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (“Outstanding Voting Securities”);

Appears in 4 contracts

Samples: Executive Employment Agreement (Allis Chalmers Energy Inc.), Executive Employment Agreement (Allis Chalmers Energy Inc.), Executive Employment Agreement (Allis Chalmers Energy Inc.)

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Change in Control means. (i) The acquisition after the date hereof by any individual, entity or group, or a Person (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), in each case, Act) other than an Excluded Person, of ownership of a majority more than 50% of either: (i) the then outstanding shares of Common Stock (“Outstanding Common Stock”) of the Company); or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (“Outstanding Voting Securities”);

Appears in 3 contracts

Samples: Executive Employment Agreement (Allis Chalmers Energy Inc.), Executive Employment Agreement (Allis Chalmers Energy Inc.), Executive Employment Agreement (Allis Chalmers Energy Inc.)

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Change in Control means. (i) The acquisition after the date hereof by any individual, entity or group, or a Person (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), in each case, Act) other than an Excluded Person, of ownership of a majority more than 50% of either: (i) the then outstanding shares of Common Stock (“Outstanding Common Stock”) of the Company); or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (“Outstanding Voting Securities”);; Schedule A

Appears in 1 contract

Samples: Executive Employment Agreement (Allis Chalmers Energy Inc.)

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