Examples of Stockholder Rights Plan in a sentence
The terms of the rights and the Stockholder Rights Plan may be amended without the consent of the rights holders at any time on or prior to the Distribution Date.
After the Distribution Date, the terms of the rights and the Stockholder Rights Plan may be amended to make changes, which do not adversely affect the rights of the rights holders (other than the Acquiring Person).
If a Stockholder Rights Plan is adopted without prior stockholder approval as contemplated by the preceding sentence, such plan shall expire within twelve (12) months from the date of adoption unless, prior to such date, it is approved by the affirmative vote of a majority of the votes cast with respect to the matter by the shares represented and entitled to vote thereon at an annual or special meeting of the stockholders at which a quorum is present.
Stockholder Rights Plan: The plan provides one right for each share of PACCAR common stock outstanding.
Stockholder Rights Plan The Board has adopted a stockholder rights plan pursuant to a Rights Agreement dated November 10, 2005 (the “Rights Agreement”) and other action.