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Ratification of change in control agreements with copy of form of...

Montana Ratification of change in control agreements with copy of form of change in control agreement

Name: Montana Ratification of change in control agreements with copy of form of change in control agreement
Brand: US Legal Forms
Rating: 4.82 (261 reviews)

Category:

Corporations - Public - Officer and Employee

State:

Multi-State

Control #:

US-CC-15-147

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Instant download

Description

This is a Ratification of Change in Control Agreement form, to be used across the United States. A ratification adopts an agreement through actions in the agreement's favor, rather than by a formal adoption in the bylaws.

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Parties normally seek to include provisions in an agreement that allow for either termination or an adjustment of their rights, such as payment, upon a change of structure or ownership of the other party. This is known as a ?change of control? clause.

A party may try to ensure that the other party seeks consent to make the change and maintain the agreement, or provide some form of payment as compensation for the change, while retaining the right to terminate the agreement.

Change in control agreements are contracts that outline pay and benefits an executive will receive in the event of a change in company ownership. They are also sometimes known as ?golden parachutes,? as they provide protection for executives if they are forced out after a company takeover.

A change of control is a change in a company's ownership or management that results in the decision-making capacity of that entity being exercised by a different group of shareholders and/or directors.

(c) ?Change of Control? means: (i) a sale of all or substantially all of the assets of the Company; (ii) the acquisition of more than 50% of the voting power of the outstanding securities of the Company by another entity by means of any transaction or series of related transactions (including, without limitation, ...

A contractual provision which gives a party to an agreement enhanced protection if the controlling shareholding of the other party is transferred.

Also known as change of control. A provision in an agreement giving a party certain rights (such as consent, payment or termination) in connection with a change in ownership or management of the other party to the agreement.

Change of Control Threshold means (i) prior to the Dual Class Voting Elimination Date, 30% of the voting rights attached to all outstanding shares of the Parent Guarantor, and (ii) thereafter, 50% of the voting rights attached to all outstanding shares of the Parent Guarantor.

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THIS CHANGE IN CONTROL AGREEMENT (this “Agreement”) is entered into effective as of , 2010 (the “Effective Date”), by and between MetroPCS Communications, Inc., ... This is your CHANGE IN CONTROL AGREEMENT (the “Agreement”) with Regions Financial Corporation (the “Company”). 1. Purpose, Effectiveness and Interpretation. (a) ...sign or initial a cosponsor form supplied upon request by the. Secretary of ... request to change or correct short title, S40-20 rules amendments, copies of ... Prior to a change of control of a licensed entity, a person seeking to acquire control shall apply for an amendment to the license or a new license as required ... This agreement covering Montana State University Graduate Assistant positions is entered into voluntarily by the commissioner of higher education as agent ... 3.400 DISTRIBUTION OF CONTRACT. Upon final ratification and approval of this agreement a copy will be posted on the Board of Regents website. The MTFA will ... The contract cover will include the seal of The University of Montana and the ... If the complaint proceeds to a Step 3 level, the SRO must complete the form as a. 1, appended to the Constitution of the state of Montana and approved February 22, 1889, including the agreement and declaration that all lands owned or held by ... Grantor hereby authorizes Collateral Agent to file at any time financing statements, continuation statements and amendments thereto with all appropriate ... Jul 1, 2023 — AGREEMENT. The Collective Bargaining Agreement (CBA) as ratified by the Board of Regents and the Montana State. University Billings Faculty ...

Montana Ratification of change in control agreements with copy of form of change in control agreement

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How to fill out Montana Ratification Of Change In Control Agreements With Copy Of Form Of Change In Control Agreement?

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What is a Ratification of Change in Control Agreement?

Why is a Ratification of Change in Control Agreement necessary?

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Who are the parties involved in a Ratification of Change in Control Agreement?

What is the purpose of including a copy of the form of change in control agreement?

How does a Ratification of Change in Control Agreement protect the parties involved?

Can a Ratification of Change in Control Agreement be modified or amended?

What happens if a Ratification of Change in Control Agreement is not in place?

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