Participation Upon Change of Control. Anything contained herein to the contrary notwithstanding, in the event of a “Change of Control” (as hereinafter defined), each Outside Director shall become a Participant in the Plan. A “Change of Control” shall mean the occurrence of any of the following events:
Appears in 3 contracts
Samples: Trust Agreement (Cliffs Natural Resources Inc.), Trust Agreement (Cliffs Natural Resources Inc.), Trust Agreement (Cliffs Natural Resources Inc.)
Participation Upon Change of Control. Anything contained herein to the contrary notwithstanding, in the event of a “"Change of Control” " (as hereinafter defined), each Outside Director shall become a Participant in the Plan. A “"Change of Control” " shall mean the occurrence of any of the following events:
Appears in 2 contracts
Samples: Trust Agreement (Cleveland Cliffs Inc), Trust Agreement (Cleveland Cliffs Inc)