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55cruiser

06/26/20 12:23 AM

#23973 RE: waterchaser #23945

Under a plan that is otherwise a formula plan, participants have the right following a change in
control (as objectively defined in the plan) to elect to receive benefits in the form of cash or stock. A – Grant, award, or other acquisition. It can be several things. In this case it was acquired in lieu of cash. Not awarded. Plain English.

Chaka

06/26/20 12:29 AM

#23975 RE: waterchaser #23945

I like YELLOW flags and GREEN flags btw...

...:)

$Tsoi