Change in Voting Power. Any person or persons acting together which would constitute a "group" for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., any subsidiary of either, or any entity beneficially owned by any of the foregoing) beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty percent (40%) of the total voting power of the Company entitled to vote generally in the election of the Board;
Appears in 3 contracts
Samples: Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc), Employment Security Agreement (Ballantyne of Omaha Inc)
Change in Voting Power. Any person or persons acting together which would constitute as a "“group" ” for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) which beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company entitled to vote generally in the election of the Board;
Appears in 3 contracts
Samples: Employment Security Agreement (Isco Inc), Employment Security Agreement (Isco Inc), Employment Security Agreement (Isco Inc)
Change in Voting Power. Any person or persons acting together which would constitute a "group" for purposes of Section 13(d) of the Exchange Act (other than the CompanyEmployer, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company Employer entitled to vote generally in the election of the Board;
Appears in 2 contracts
Samples: Employment Agreement (Gateway Energy Corp/Ne), Employment Agreement (Gateway Energy Corp/Ne)
Change in Voting Power. Any person or persons acting together which would constitute a "“group" ” for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company entitled to vote generally in the election of the Board;
Appears in 2 contracts
Samples: Employment Agreement (Gateway Energy Corp/Ne), Employment Agreement (Gateway Energy Corp/Ne)
Change in Voting Power. Any person or persons acting together which would constitute a "“group" ” for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company entitled to vote generally in for the election of the Board;.
Appears in 2 contracts
Samples: Agreement (Western Sizzlin Corp), Employment Agreement (Western Sizzlin Corp)
Change in Voting Power. Any person or persons acting together which would constitute a "group" for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company entitled to vote generally in the election of the Board;
Appears in 1 contract
Change in Voting Power. Any person or persons acting together which would constitute a "“group" ” for purposes of Section 13(d) of the Exchange Act (other than the Company, ARC International, Inc., or any subsidiary of eitherSubsidiary, or any entity beneficially owned by any of the foregoing) acquire and beneficially own (as defined in Rule 13(d)-3 under the Exchange Act) without Board approval or consent, directly or indirectly, at least forty thirty percent (4030%) of the total voting power of the Company entitled to vote generally in the election of the Board;
Appears in 1 contract