Rights Plans definition

Rights Plans means the March 4, 1986 Rights Agreement entered into by the Board of Directors of CBI pursuant to which Rights were issued to holders of common stock.
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Examples of Rights Plans in a sentence

  • Stockholder Rights Plans 74 REPURCHASE OF NOTES AT OPTION OF HOLDERS Section 15.01.

  • AMF Proposal While the CSA Proposal addressed the use of Rights Plans by offeree boards, the AMF Proposal raised more fundamental issues regarding the regulation of defensive tactics in Canada, including the role of offeree boards when faced with unsolicited take-over bids.

  • Resolution: Vote Against proposals to adopt Shareholder Rights Plans, and vote For Shareholder proposals eliminating such plans.

  • Rights Distributions Pursuant to Shareholders’ Rights Plans 70 Section 10.14.

  • Because Rights Plans involve the potential issuance of equity securities, Canadian stock exchanges regulate, in some respects, and approve the adoption of Rights Plans by listed issuers.

  • The rationale for this mechanism is similar to the rationale that underlies the “waive for one, waive for all” provision present in the majority of “permitted bid” Rights Plans.

  • The effect of the Minimum Tender Requirement is comparable to the majority security holder approval requirement for Rights Plans that was proposed under the CSA Proposal.

  • BACKGROUND Prior proposals On March 14, 2013, the CSA published for comment proposed National Instrument 62-105 Security Holder Rights Plans and proposed Companion Policy 62-105CP Security Holder Rights Plans (together, the CSA Proposal).

  • Proposed Bid Amendments On September 11, 2014, we published CSA Notice 62-306 Update on Proposed National Instrument 62-105 Security Holder Rights Plans and AMF Consultation Paper An Alternative Approach to Securities Regulators’ Intervention in Defensive Tactics (the Update Notice).

  • To make such arrangements please contact our Information Centre, which can be found in the main Terminal Building, or by telephone (0871 2230 700 ext.

Related to Rights Plans

  • 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.

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

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

  • 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;

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Company Option Plans means the Company 1994 Incentive Stock Plan, the Company 1995 Outside Director’s Stock Option Plan and the Company 2004 Incentive Stock Plan.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Old Plans shall have the meaning set forth in Section 5.11(b).

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

  • Steps Plan means a plan evidenced by Eligible Information contemplating that there will be a series of successions to some or all of the Relevant Obligations of the Reference Entity, by one or more entities.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

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

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Company Plans shall have the meaning set forth in Section 3.14(a).

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • 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.

  • 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.

  • Company Warrants means warrants to purchase shares of Company Capital Stock.