GREY:LSTMF - Post by User
Post by
BluSky23on Oct 03, 2016 1:55pm
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Post# 25303055
Change of Control
Change of ControlI see that under the support agreement pg 44, there would have been no change of control allowed for executive. I'm sure John Wright and execs were not happy with that, likely worked to sink the deal. No payout and options worthless. Too bad LTS doesn't clip Wright when under CCAA, as companies have hard time paying severance or bonus when under this arrangement. Does anyone know who has been identified under KERP?