I've been looking at the 2002 AIPN model, which @Riskup confirmed as the model used.
It does not appear to be ambiguous at all....in fact it deals with change of control in detail.
http://www5.austlii.edu.au/au/journals/AURELawJl/2003/45.pdf
It also gives a hint on what alternatives to preempting....ie: damages.
Worth a read for those interested.
2002 AIPN Model
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