Define: Covered Period

How is Covered Period defined in a legal contract?

• Covered Period means the duration starting from half a year prior to a significant alteration of power and concluding two years after this significant alteration of power. Seen in 67 SEC filings.
• Covered Period means the duration initiating six months prior to a significant alteration of power and ending on the day that is 24 months after the significant alteration of power. Seen in 31 SEC filings.
• Covered Period means the time-frame commencing on the date of and concurrent with a significant alteration of power and ceasing one year thereafter. Seen in 26 SEC filings.
• Covered Period means the duration starting on the date of a significant alteration of power and concluding a year after the significant alteration of power. Seen in 19 SEC filings.
• Covered Period means the duration commencing six months prior to a significant alteration of power and finishing one year after the significant alteration of power. Seen in 17 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of covered period' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Covered Period means the timeframe starting [number] months before a change of control, and ending [number] months after it.

Relevant Contract Type

• Mergers and Acquisitions Agreement
• Management Buyout Agreement
• Shareholder Agreement
• Change of Control Agreement

Relevant Circumstances

• Transition of leadership or ownership
• Buyouts
• Mergers
• Acquisition of controlling stock

Relevant Sectors

• Banking and Finance
• Technology
• Healthcare
• Real Estate

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Genie Definition 2

• Covered Period means the duration beginning on the date of a change of control and ceasing [number] months later.

Relevant Contract Type

• Asset Purchase Agreement
• Business Transfer Agreement
• Franchise Agreement
• Common Stock Purchase Agreement

Relevant Circumstances

• Purchase or sale of business assets
• Franchise sales
• Acquisition of businesses or franchises
• Purchase of common stock

Relevant Sectors

• Retail
• Franchise
• Manufacturing
• Hospitality

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