Common use of Change in Ownership Clause in Contracts

Change in Ownership. a change in ownership of the Corporation occurs on the date any one person or group accumulates ownership of Corporation stock constituting more than 50% of the total fair market value or total voting power of Corporation stock;

Appears in 21 contracts

Samples: Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp), Employment Agreement (Franklin Financial Corp)

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Change in Ownership. a change in ownership of the Corporation occurs on the date any one person or group accumulates ownership of Corporation stock constituting more than 50% of the total fair market value or total voting power of Corporation stock;,

Appears in 12 contracts

Samples: Employment Agreement (Wellesley Bancorp, Inc.), Employment Agreement (Wellesley Bancorp, Inc.), Employment Agreement (Wellesley Bancorp, Inc.)

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Change in Ownership. a change in ownership of the Corporation occurs on the date any one person or group accumulates ownership of Corporation the Corporation’s stock constituting more than 50% of the total fair market value or total voting power of Corporation the Corporation’s stock;,

Appears in 1 contract

Samples: Amended Employment Agreement (Cape Fear Bank CORP)

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