Transfers to a Related Person. There is no Change in Control event when there is a transfer to an entity that is controlled by the shareholders of the transferring corporation immediately after the transfer. A transfer of assets by a corporation is not treated as a change in the ownership of such assets if the assets are transferred to:
Appears in 5 contracts
Samples: Employment Agreement (Corautus Genetics Inc), Employment Agreement (Corautus Genetics Inc), Employment Agreement (Corautus Genetics Inc)
Transfers to a Related Person. There is no Change in Control event with respect to subsection (iii) when there is a transfer by a Corporation to an entity that is controlled by the shareholders of the transferring corporation Corporation immediately after the transfer. A transfer of assets by a corporation Corporation is not treated as a change in the ownership of such assets if the assets are transferred to:
Appears in 4 contracts
Samples: Employment Agreement (WGNB Corp), Employment Agreement (WGNB Corp), Employment Agreement (WGNB Corp)