Majority Stockholder. Any person (as such term is used in Section 13(d) of the securities Exchange Act of 1934, as amended (the “Exchange Act”)), together with its affiliates (but excluding the Bank’s employee benefit plans and the individuals who were the Bank’s or MB’s officers or directors on the date of this Agreement or their affiliates), becomes the beneficial owner (within the meaning of Rule 13(d)(3) under the Exchange Act) of more than 50% of the Bank’s or MB’s outstanding common stock.
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Samples: Employment Agreement (Manhattan Bancorp), Waiver and Release Agreement (Manhattan Bancorp), Employment Agreement (Manhattan Bancorp)
Majority Stockholder. Any person (as such term is used in Section 13(d) of the securities Securities Exchange Act of 1934, as amended (the “Exchange Act”)), together with its affiliates (but excluding the Bank’s employee benefit plans and the individuals who were the Bank’s or MB’s officers or directors on the date of this Agreement or and their affiliates), becomes the beneficial owner (within the meaning of Rule 13(d)(3) under the Exchange Act) of more than 50% of the Bank’s or MB’s outstanding common stock.
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Samples: Change in Control and Severance Agreement (First Pactrust Bancorp Inc), Change in Control and Severance Agreement (First Pactrust Bancorp Inc)
Majority Stockholder. Any person (as such term is used in Section 13(d) of the securities Securities Exchange Act of 1934, as amended (the “Exchange Act”)), together with its affiliates (but excluding the Bank’s employee benefit plans and plans, the individuals who were the Bank’s or MB’s officers or directors on the date of this Agreement or their affiliates, and Xxxxxxxxx Fund Manager GP, LLC or its affiliates), becomes the beneficial owner (within the meaning of Rule 13(d)(3) under the Exchange Act) of more than 50% of the Bank’s or MB’s outstanding common stock.
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