NOL Rights Plan definition

NOL Rights Plan means that certain Section 382 Rights Agreement, dated as of July 1, 2019, between Frontier and Computershare Trust Company, N.A., as Rights Agent, as amended, restated, modified, supplemented, or replaced from time to time.
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NOL Rights Plan means the Rights Agreement, dated as of July 12, 2018, between Xxxxxx and Equiniti Trust Company, as Rights Agent, as amended, restated, modified, supplemented, or replaced from time to time.
Sample 1
NOL Rights Plan means the Rights Agreement, dated as of July 12, 2018, between Parker and Equiniti Trust Company, as Rights Agent, as amended, restated, modified, supplemented, or replaced from time to time.
Sample 1

Examples of NOL Rights Plan in a sentence

  • The NOL Rights Plan is not expected to interfere with any merger or other business combination approved by our Board.

  • For those interested in the specific terms of the NOL Rights Plan, we provide the following summary description.

  • Under the NOL Rights Plan, from and after the record date of February 25, 2019, each share of our common stock will carry with it one preferred share purchase right (a “Right”), until the Distribution Date (as defined below) or earlier expiration of the Rights, as described below.

  • Our Board of Directors (the “Board”) approved the NOL Rights Plan in an effort to deter acquisitions of our common stock that would potentially limit our ability to use our built in losses and any resulting net loss carryforwards to reduce potential future federal income tax obligations.

  • The Board of Directors has taken all necessary action to ensure that the entry into this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby are exempt from any anti-takeover or similar provisions of the Company’s Articles of Incorporation and By-Laws, the NOL Rights Plan and any other provisions of any applicable “moratorium,” “control share,” “fair price,” “interested stockholder” or other anti-takeover Laws and regulations of any jurisdiction.

  • Finally, Red Oak contends that the Defendants breached their fiduciary duties and created an unfair election process by failing to disclose that they had already “analyzed and evaluated”189 whether to implement an NOL Rights Plan before the Election.

  • The apparent reasoning by the Defendants was a pending motion to strike from the Complaint Red Oak’s allegations about the NOL Rights Plan.

  • Accordingly, we will vote in favor of NOL Rights Plans unless we believe the terms of the NOL Rights Plan may provide for a long-term anti-takeover device.

  • After the Distribution Date, the NOL Rights Plan may not be amended in a way that adversely affects holders of the Rights (other than an Acquiring Person, or an Affiliate or Associate of an Acquiring Person).

  • Pursuant to the NOL Rights Plan, each Investor, automatically and through no further action by such Investor or the Company, shall also be issued preferred stock purchase rights (the “NOL Rights”).

Related to NOL Rights Plan

  • Rights Plan means a plan of the Company providing for the issuance by the Company to all holders of its Common Stock of rights entitling the holders thereof to subscribe for or purchase shares of Common Stock or any class or series of preferred stock, which rights (i) are deemed to be transferred with such shares of Common Stock, (ii) are not exercisable and (iii) are also issued in respect of future issuances of Common Stock, in each case until the occurrence of a specified event or events.

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016, as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Call Rights As defined in Section 9.01(f).

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Stock Plans has the meaning set forth in Section 3.1(c).

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Stockholder Approval Date means the date on which Stockholder Approval is received and deemed effective under Delaware law.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Shareholder Agreement has the meaning set forth in the Recitals.