Change in Control Acceleration Event. Change in Control Acceleration Event means a Change in Control that also constitutes a change in the ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company under Section 409A of the Code.
“Change in Control Acceleration Event. Change in Control Acceleration EventControl” means a Change in Controlan event that also constituteswould constitute a change in the ownership or effective control of the CompanyCompany, or a change in the ownership of a substantial portion of the assets of the Company under Section 409ACompany, within the meaning of the Code.[Section 409A].
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.