Common use of Non-Control Acquisition Clause in Contracts

Non-Control Acquisition. An acquisition by (a) an employee benefit plan (or a trust forming a part thereof) maintained by (i) the Employer or (ii) any corporation or other Person of which a majority of its voting power or its equity securities or equity interest is owned directly or indirectly by the Employer (a "Subsidiary"); (b) the Employer or any Subsidiary; or (c) any person in connection with a Non-Control Transaction.

Appears in 5 contracts

Samples: Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc)

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Non-Control Acquisition. An acquisition by (a) an employee benefit plan (or a trust forming a part thereof) maintained by (i) the Employer or (ii) any corporation or other Person of which a majority of its voting power or its equity securities or equity interest is owned directly or indirectly by the Employer (a "Subsidiary"); , (b) the Employer or any Subsidiary; , or (c) any person in connection with a Non-Control Transaction.

Appears in 2 contracts

Samples: Employment Agreement (First Bancshares Inc /MS/), Employment Agreement (First Bancshares Inc /MS/)

Non-Control Acquisition. An “Non-Control Acquisition” shall mean an acquisition by (ai) the Company or any Subsidiary, (ii) an employee benefit plan (or a trust forming a part thereof) maintained by (i) the Employer or (ii) any corporation or other Person of which a majority of its voting power or its equity securities or equity interest is owned directly or indirectly by the Employer (a "Subsidiary"); (b) the Employer Company or any Subsidiary; , or (ciii) any person Person in connection with a Non-Control Transaction.

Appears in 2 contracts

Samples: Employment Agreement (Essential Properties Realty Trust, Inc.), Employment Agreement (Essential Properties Realty Trust, Inc.)

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Non-Control Acquisition. An acquisition by (a) an employee benefit plan (or a trust forming a part thereof) thereof maintained by (i) the Employer or (ii) any corporation or other Person of which a majority of its voting power or its equity securities or equity interest is owned directly or indirectly by the Employer (a "Subsidiary"); , (b) the Employer or any Subsidiary; , or (c) any person in connection with a Non-Control Transaction.

Appears in 1 contract

Samples: Employment Agreement (First Bancshares Inc /MS/)

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