Apple 1999 Annual Report Download - page 119

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fifty percent (50%) or more of the combined voting power of the Company's then outstanding securities; or
(ii) The occurrence of a transaction requiring shareholder approval, and involving the sale of all or substantially all of the assets of the
Company or the merger of the Company with or into another corporation.
(f) CHANGE IN CONTROL PRICE. For purposes of this Section 12, "Change in Control Price" shall be, as determined by the Administrator,
(i) the highest Fair Market Value at any time within the sixty-day period immediately preceding the date of determination of the Change in
Control Price by the Administrator (the "SIXTY-DAY PERIOD"), or (ii) the highest price paid or offered, as determined by the Administrator,
in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the Sixty
-
Day Period.