Examples of Hostile Change of Control in a sentence
Anything contained in this paragraph (g) to the contrary notwithstanding, a "Hostile Change of Control" shall not be deemed to have occurred if the Control Acquisition or the Transaction is approved by a majority of the directors of the Company who were directors of the Company before the completion of the Control Acquisition or the Transaction.
Except as otherwise provided in an applicable agreement, upon the occurrence of a Change in Control (other than a Hostile Change of Control), the Committee may elect to provide that all outstanding Options and Stock Appreciation Rights shall immediately vest and become exercisable, each Deferral Period and restriction period shall immediately lapse or all shares of Deferred Stock subject to outstanding Awards shall be issued and delivered to the Participant.
The immediately preceding sentence shall not apply after a Hostile Change of Control.
During Executive's employment with the Company and for a period of one (1) year following any termination of Executive's employment with the Company (other than following a Hostile Change of Control (as defined below)), Executive shall not, as a shareholder, employee, officer, director, partner, consultant or otherwise, engage directly or indirectly in any business or enterprise which is in Competition with the Company (as defined below).
Immediately upon a Hostile Change of Control, the Company shall contribute to the Itron, Inc.