We interfere at our clients» request
in change of control disputes and in proxy fights.
Horner points to BCE Inc. v. 1976 Debentureholders, where the Supreme Court said in 2008 that Canadian fiduciary duties
in a change of control situation are different from what is found in the U.S., where the board's duties are to the shareholders.
Employment Contracts
in Change of Control Transactions: Dos, Don'ts, Tricks and Traps, MBA Continuing Legal Education, 2015, Tamsin R. Kaplan (co-chair)
For newly issued BBB bonds, there is an increase
in change of control covenants, which would allow bondholders to sell their bonds at investment grade levels (if not better) in a takeover.
Additionally, Parent also intends to roll over certain of the Company's current outstanding indebtedness that is not subject to acceleration upon a change of control and that either does not contain change of control repurchase obligations or where the holders do not elect to have such indebtedness repurchased
in a change of control offer.»
However, the deferred tax payable account can never be worth as much as tax paid retained earnings (part of net worth) because the tax may someday become payable, especially if the company engages in resource conversion activity, such as being acquired
in a change of control transaction.
This presumes that there are covenants on the various share classes for equal treatment
in a change of control, and / or that there are rules to govern dividend policy, giving the same or superior treatment to those with a lesser voice.
Securities regulators should consider further regulating in this area by implementing sunset provisions and mandating procedures
in changes of control when these structures are in place.
Not exact matches
In five different scenarios, they measured their subjects on a set
of cognitive tasks, and
controlled for the formality or casualness
of their clothing, instructing subjects to bring «clothing you would wear to a job interview» to
change into.
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases
in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any
changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate
changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export
control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and
changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such
changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal
control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse
changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations
in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«
In terms
of bringing a higher quality experience, yes absolutely,» he said, but noted that the
controls may need to
change so it's not «too clunky to be enjoyable.»
Based on a comparison
of the
change in subjective well - being
of these people and
of people from the
control group who had no
change in their volunteer status, the hypothesis is supported that volunteering is rewarding
in terms
of higher life satisfaction.
Weston said his family, who also
controls Loblaw's parent company, George Weston Ltd. (TSX: WN), has undergone some major
changes in the past year, including the $ 12.4 - billion blockbuster acquisition
of the Shoppers Drug Mart chain.
Flipping the seat currently held by outgoing Flake could be instrumental
in changing control of the Senate.
Jim Pishue, president
of the Washington Bankers Association, points out that guidelines don't supersede federal law, which categorizes marijuana as a
controlled substance that can not be legally sold anywhere
in the U.S. And guidance, he noted, can
change at any time.
If you understand this fact, then suddenly, you can have a better attitude toward the
change in your life while continuing to attempt to
control the outcomes as much as possible — but not letting the things that are out
of control upset you.
Under Boggs» leadership, it has started doing deeper, more rigorous due diligence — a
change that can be traced through a trail
of lawsuits involving McKesson customers who suddenly had their
controlled substances cut off
in 2013 and 2014.
Microsoft has smartly
changed the update process
in its latest OS so you have
control over when your PC reboots following the installation
of an update.
For those leaders willing to make the shift, it's useful first to
change your mindset: think
of it less
in terms
of losing
control and more
in terms
of gaining knowledge, experience and leadership from others who will help your company grow.
We're able to
control the content
of all menu boards, we're able to
control change, and we're also able to really do different things
in different stores at the push
of a button.»
The National Association
of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed
in accordance with generally accepted accounting principles
in the United States («GAAP»), excluding gains or losses from sales
of operating real estate assets and
change in control of interests, plus (i) depreciation and amortization
of operating properties and (ii) impairment
of depreciable real estate and
in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.
You simply can't plan around something that is always
changing and out
of your
control when surfing or
in life,» Chen writes.
At the end
of the day, drug makers are allowed to price their products however they want to
in the U.S. Barring some
of the regulatory reforms that Trump has previously proposed but have an extremely rocky path through a GOP -
controlled Congress, it's difficult to see the more subtle price hike dynamic
change.
Here are the
changes customers can expect with Niccol
in control of Chipotle.
Thousands
of high school students and other gun -
control advocates gathered
in Washington and across the U.S. Saturday to demand tougher firearms restrictions from an older generation that's delivered little
change after years
of mass shootings.
I think one
of the biggest advantages
of streaming, for customers, is that it's created competition
in the TV business, which used to be
controlled by a few big distributors and that's really
changed.
Whether it's conflict between people, everyone freaking out over a rule
change, or what have you, make certain that you're the one who remains calm, composed, and
in control of your emotions.
Under the new system, statements which UK companies file when they are set up and on each anniversary
of that date showing
changes in shareholders or directors are supposed to include details
of «Persons with significant
control (PSC).»
Because forward - looking statements relate to the future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many
of which are outside
of our
control.
With the entire House on next year's ballot — and about one - third
of the U.S. Senate up for a vote, too — the stakes are high for those
in the Bay Area who seek to erode the GOP's
control of Congress and erect a new bulwark against Trump's agenda
in areas like immigration and climate
change.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's
control, including natural and other disasters or climate
change affecting the operations
of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost
of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations
in those rates; (5) the timing and market acceptance
of new product offerings; (6) the availability and cost
of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact
of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation
of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur
in the legal and regulatory proceedings described
in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Unrestricted access to American technology; relaxation, if not removal,
of controls on sensitive high tech U.S. exports; unrestricted ability to make acquisitions
of U.S. companies; substantial
changes in trade remedy laws to lessen their impact.
«Rather than react to the
changing times, plant some seeds now so that you can be proactive and stay
in control of your career and remain competitive,» she says.
We want to preserve that spirit by allowing them to be
in full
control of their priorities and time during those first months when everything is
changing and the world is turned upside down.
Switching back to W2 won't necessarily curtail the freedom
of its valets, but it will give Luxe the sizable boost
in control that it craved as a business and the end result
changes the consumers experience.
If the company can
control and contain this energy, it would have a positive impact on the problem
of carbon emissions and climate
change in the decades to come.
For more than seven months, Sumner Redstone, now 93 and barely able to speak, has asserted (through lawyers and PR teams) that he remains mentally competent — sharp enough to
change his health care agent, to erase a $ 70 million bequest to an ex-girlfriend from his will, and, most important, to remain
in control of Viacom (VIAB) and CBS (CBS), the jewels
in his $ 42 - billion media empire.
In her 2012 TED Talk, Melinda Gates makes the argument that many
of the world's social
change issues depend on ensuring that women are able to
control their rate
of having kids.
The current flagship company
of Cheung Kong Holdings will be
changed to CK Hutchison Holdings while all property related business will be
controlled under a new firm called CK Property, which will be listed
in the future.
These anti-takeover provisions could substantially impede the ability
of public stockholders to benefit from a
change in control or to
change our management and Board
of Directors and, as a result, may adversely affect the market price
of our common stock and your ability to realize any potential
change of control premium.
Today, Facebook announced a number
of changes to its privacy
controls, planned to go into effect
in the next few weeks.
The Principal Stockholders will be able to cause or prevent a
change of control of us or a
change in the composition
of our Board
of Directors and could preclude any unsolicited acquisition
of us.
These risks and uncertainties include competition and other economic conditions including fragmentation
of the media landscape and competition from other media alternatives;
changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications;
changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological
changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success
in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations;
changes in accounting standards; the effect
of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and
in the amounts needed and on acceptable terms; and other events beyond the Company's
control that may result
in unexpected adverse operating results.
HubSpot was part
of a live landing page optimization test
in which the audience was given a
control page and asked to build a treatment page by incorporating
changes that could positively affect conversion rates.
In addition, it noted what would be fairly boilerplate severance terms: «If the Company terminates Mr. Ryan's employment without cause on or after a change in control or he resigns for good reason due to a change in control, subject to his execution and non-revocation of a release of claims, the Company will pay him, in addition to his previously - accrued compensation, severance equal to the following: (i) in the case of a change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
In addition, it noted what would be fairly boilerplate severance terms: «If the Company terminates Mr. Ryan's employment without cause on or after a
change in control or he resigns for good reason due to a change in control, subject to his execution and non-revocation of a release of claims, the Company will pay him, in addition to his previously - accrued compensation, severance equal to the following: (i) in the case of a change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
in control or he resigns for good reason due to a
change in control, subject to his execution and non-revocation of a release of claims, the Company will pay him, in addition to his previously - accrued compensation, severance equal to the following: (i) in the case of a change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
in control, subject to his execution and non-revocation
of a release
of claims, the Company will pay him,
in addition to his previously - accrued compensation, severance equal to the following: (i) in the case of a change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
in addition to his previously - accrued compensation, severance equal to the following: (i)
in the case of a change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
in the case
of a
change in control of Tribune Publishing or the Company, 12 months of his base salary and one year of his annual targeted bonus amount.&raqu
in control of Tribune Publishing or the Company, 12 months
of his base salary and one year
of his annual targeted bonus amount.»
In addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer, change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Director
In addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer,
change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Director
in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board
of Directors.
We generally do not enter into severance arrangements with our named executive officers, and none
of the equity awards granted to the named executive officers under Apple's equity incentive plans provide for acceleration
in connection with a
change in control or a termination
of employment, other than as noted below or
in connection with death or disability.
A number
of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and as late
in the day as possible, to give lenders time to bargain with other counterparties using the outside option
of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large
changes in the structure
of money markets nor lost the ability to support interest rate
control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest rate.19
In addition, if an option or stock appreciation right is not assumed or substituted in the event of a change in control, the Administrator will notify the participant in writing that the option or stock appreciation right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such perio
In addition, if an option or stock appreciation right is not assumed or substituted
in the event of a change in control, the Administrator will notify the participant in writing that the option or stock appreciation right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such perio
in the event
of a
change in control, the Administrator will notify the participant in writing that the option or stock appreciation right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such perio
in control, the Administrator will notify the participant
in writing that the option or stock appreciation right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such perio
in writing that the option or stock appreciation right will be fully vested and exercisable for a period
of time determined by the Administrator
in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such perio
in its sole discretion, and the option or stock appreciation right will terminate upon the expiration
of such period.
Except
in a
change in control situation, measurement
of the market capitalization milestones will be based on both (i) a six calendar month trailing average
of Tesla's stock price as well as (ii) a 30 calendar day trailing average
of Tesla's stock price,
in each case based on trading days only.