Add tag in the Change in Control Agreement

Aug 6th, 2022
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How to add tag in the Change in Control Agreement

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welcome back everyone so in this video here we are going to touch up on the on the tags and the tags types data types and so forth so as we saw in the previous video on the uh these tags that were created automatically by the software itself the user also has the ability to create their own tags and specify their own the data types and so forth so uh were just gonna stay with the basic uh data types uh for this video and to keep it simple and uh first tag im going to create here just a boolean im going to call it start command and its just going to be the boolean but if we click on this one here you can see this is the out-of-the-box data types that the software give us as options so right now just going to be boolean and its just one dimension but you can go to three dimensions if you want so it could be you could get complex as well okay so thats uh what we got [Music] and stop and its going to be a boolean and were going to say pump stop command were also going to have um s

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There is no standard definition for change of control; however, there are some common transactions in which a change of control may be triggered, including these: a sale of all or substantially all of a target companys assets. any merger of the target company with another company.
Change of Control means the Company is a party to a transaction in which it is sold to, merged, consolidated, reorganized into or with, or its assets are transferred or sold to another entity, after which the holders of voting securities of the Company immediately prior to such transaction, including voting
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. Not all change of control provisions are triggered by the same action.
If there is a change in control in the ownership, control, and/or legal form of the Supplier, which results in more than 50% of the shares in the Supplier being controlled by another party and/or voting control of the Supplier being acquired by another party and/or control of the composition of the board of the
In employment contracts, a change of control clause usually entitles the employee to a specified payment or enhanced notice period if their employer is taken over and the takeover results in dismissal by their employer or a material reduction in the employees responsibilities leading to constructive dismissal within a
Change of Control Clause: Example The Customer shall have the right, without prejudice to its other rights or remedies, to terminate this Agreement by 3 months written notice to the Supplier, if there is a Change of Control of the Supplier.
What is Change of Control? In finance, a Change of Control occurs when there is a material change in the ownership of a company. The exact criteria that determine such a change can vary and are defined by law and through contractual agreements.

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