Define: Corporate Transaction
What does "Corporate Transaction" mean? The meaning differs based on the contract. We found 10 definitions across 7 companies in SEC filings.
Definition 1 (AUTOMATIC DATA PROCESSING INC, seen in 1 filing)
Corporate Transaction means a sale of all or substantially all of the Company s assets, or a merger, consolidation or other capital reorganization of the Company with or into another corporation, or any other transaction or series of related transactions in which the Company s stockholders immediately prior thereto own less than 50% of the voting stock of the Company (or its successor or parent) immediately thereafter.
Source: AUTOMATIC DATA PROCESSING INC 10-K
Definition 2 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means any of the following stockholder-approved transactions to which the Company is a party: (a) a merger or consolidation in which the Company is not the surviving entity, except for a transaction the principal purpose of which is to change the state in which the Company is incorporated; (b) the sale, transfer or other disposition of all or substantially all of the assets of the Company; or (c) any reverse merger in which the Company is the surviving entity but in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company's outstanding securities are transferred to a person or persons different from those who held such securities immediately prior to such merger.
Source: CISCO SYSTEMS, INC. 10-Q
Definition 3 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means either of the following shareholder-approved transactions to which the Corporation is a party: (i) a merger or consolidation in which securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation's outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction, or (ii) the sale, transfer or other disposition of all or substantially all of the Corporation's assets in complete liquidation or dissolution of the Corporation.
Source: CISCO SYSTEMS, INC. 10-K
Definition 4 (NVIDIA CORP, seen in 1 filing)
Corporate Transaction means the occurrence, in a single transaction or in a series of related transactions, of any one or more of the following events: (i) the consummation of a sale or other disposition of all or substantially all, as determined by the Board in its sole discretion, of the consolidated assets of the Company and its Subsidiaries; (ii) the consummation of a sale or other disposition of at least 50% of the outstanding securities of the Company; (iii) the consummation of a merger, consolidation or similar transaction following which the Company is not the surviving corporation; or (iv) the consummation of a merger, consolidation or similar transaction following which the Company is the surviving corporation but the shares of Common Stock outstanding immediately preceding the merger, consolidation or similar transaction are converted or exchanged by virtue of the merger, consolidation or similar transaction into other property, whether in the form of securities, cash or otherwise.
Source: NVIDIA CORP 10-K
Definition 5 (NVIDIA CORP, seen in 1 filing)
Corporate Transaction means the consummation, in a single transaction or in a series of related transactions, of any one or more of the following events (i) a sale of all or substantially all of the consolidated assets of the Company and its Affiliates, (ii) a sale of more than 50% of the outstanding securities of the Company, (iii) a merger, consolidation or similar transaction following which the Company is not the surviving corporation or the shares of the Company's Common Stock outstanding immediately preceding the transaction do not continue to represent, or are not converted into, more than 50% of the value of the surviving corporation or its parent company, or (iv) a reverse merger in which the Company is the surviving corporation but the shares of the Company's Common Stock outstanding immediately preceding the transaction do not continue to represent, or are not converted into, more than 50% of the value of the surviving corporation or its parent company.
Source: NVIDIA CORP 10-K
Definition 6 (NVIDIA CORP, seen in 1 filing)
Corporate Transaction means the occurrence, in a single transaction or in a series of related transactions, of any one or more of the following events (i) the consummation of a sale or other disposition of all or substantially all, as determined by the Board in its sole discretion, of the consolidated assets of the Company and its Subsidiaries (ii) the consummation of a sale or other disposition of at least 50% of the outstanding securities of the Company (iii) the consummation of a merger, consolidation or similar transaction following which the Company is not the surviving corporation or (iv) the consummation of a merger, consolidation or similar transaction following which the Company is the surviving corporation but the shares of Common Stock outstanding immediately preceding the merger, consolidation or similar transaction are converted or exchanged by virtue of the merger, consolidation or similar transaction into other property, whether in the form of securities, cash or otherwise.
Source: NVIDIA CORP 10-K
Definition 7 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means either of the following shareholder-approved transactions to which the Corporation is a party: a merger or consolidation in which securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation’s outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction; or the sale, transfer or other disposition of all or substantially all of the Corporation’s assets in complete liquidation or dissolution of the Corporation.
Source: CISCO SYSTEMS, INC. 10-K
Definition 8 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means either of the following shareholder-approved transactions to which the Corporation is a party: (i) a merger or consolidation in which securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation’s outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction, or (ii) the sale, transfer or other disposition of all or substantially all of the Corporation’s assets in complete liquidation or dissolution of the Corporation.
Source: CISCO SYSTEMS, INC. 10-K
Definition 9 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means either of the following shareholder-approved transactions to which the Corporation is a party: (i) a merger or consolidation in which securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation s outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction, or (ii) the sale, transfer or other disposition of all or substantially all of the Corporation s assets in complete liquidation or dissolution of the Corporation.
Source: CISCO SYSTEMS, INC. 10-K
Definition 10 (CISCO SYSTEMS, INC., seen in 1 filing)
Corporate Transaction means any of the following events: (i) a sale of all or substantially all of the Company’s assets; (ii) a merger or consolidation in which the Company is not the surviving entity; (iii) a reverse merger in which the Company is the surviving entity but the shares of the Company’s Common Stock outstanding immediately prior to the merger are converted by virtue of the merger into other property, whether in the form of securities, cash or otherwise; or (iv) an acquisition by any person or related group of persons (other than the Company or a person that directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities.
Source: CISCO SYSTEMS, INC. 10-K
Data extracted from 28 SEC EDGAR filings across 7 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.