Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s assets to another person, which is not a wholly owned subsidiary of the Company (i.e., 50% or more of the total assets of the Company); or
Appears in 8 contracts
Samples: Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp)
Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s 's assets to another personperson or entity, which is not a wholly owned subsidiary of the Company (i.e., fifty percent (50% %) or more of the total assets of the Company); or.
Appears in 5 contracts
Samples: Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc)
Liquidation or Sale of Assets. The stockholders shareholders of the Company shall will approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s 's assets to another person, which is not a wholly owned subsidiary of the Company (i.e., 50% or more of the total assets of the Company); or) to another person or entity, which is not a wholly owned subsidiary of Company
Appears in 4 contracts
Samples: Executive Employment Agreement (Command Center, Inc.), Executive Employment Agreement (Command Center, Inc.), Executive Employment Agreement (Command Center, Inc.)
Liquidation or Sale of Assets. The stockholders shareholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s assets to another personperson or entity, which is not a wholly owned subsidiary of the Company (i.e., 50% or more of the total assets of the Company); or.
Appears in 3 contracts
Samples: Employment Agreement (Schmitt Industries Inc), Employment Agreement (Schmitt Industries Inc), Employment Agreement (Schmitt Industries Inc)
Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s 's assets to another person, which is not a wholly owned subsidiary of the Company (i.e., 50% or more of the total assets of the Company); or
Appears in 2 contracts
Samples: Control Severance Agreement (Synaptics Inc), Change of Control Severance Agreement (Synaptics Inc)
Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s assets to another personperson or entity, which is not a wholly owned subsidiary of the Company (i.e., fifty percent (50% %) or more of the total assets of the Company); or.”
Appears in 1 contract
Samples: Employment Agreement (Marinemax Inc)
Liquidation or Sale of Assets. The stockholders shareholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s 's assets to another personperson or entity, which is not a wholly owned subsidiary of the Company (i.e., 50% or more of the total assets of the Company); or.
Appears in 1 contract
Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s assets to another person, which is not a wholly owned subsidiary of the Company (i.e., fifty percent (50% %) or more of the total assets of the Company); or
Appears in 1 contract
Samples: Change of Control Severance Agreement (Synaptics Inc)
Liquidation or Sale of Assets. The stockholders of the Company shall approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or a substantial portion of the Company’s assets to another personperson or entity, which is not a wholly owned subsidiary of the Company (i.e., fifty percent (50% %) or more of the total assets of the Company); or.
Appears in 1 contract
Samples: Employment Agreement (Marinemax Inc)