Material Subsidiary. A "Material Subsidiary" shall mean any majority-owned subsidiary of the Company that is material to the business of the Company, taken as a whole.
Appears in 3 contracts
Samples: Stock Option Agreement (Zix Corp), Zixit Corporation Stock Option Agreement (Zixit Corp), Zix Corporation Stock Option Agreement (Zix Corp)
Material Subsidiary. A "Material Subsidiary" shall mean any majority-majority- owned subsidiary of the Company that is material to the business of the Company, taken as a whole, and that is engaged in the digital data distribution business or other business involving a concept primarily fostered by Optionee.
Appears in 1 contract
Samples: Stock Option Agreement (Amtech Corp)
Material Subsidiary. A "Material Subsidiary" shall mean any ------------------- majority-owned subsidiary of the Company that is material to the business of the Company, taken as a whole.
Appears in 1 contract
Samples: Stock Option Agreement (Zixit Corp)
Material Subsidiary. A "“Material Subsidiary" ” shall mean any majority-owned subsidiary of the Company that is material to the business of the Company, taken as a whole.
Appears in 1 contract
