Examples of Designated Affiliate in a sentence
Absence on leave with the approval of the Corporation or a Designated Affiliate shall not be considered an interruption of employment for purposes of the Plan.
Except as set forth in Section 3.6, no Option may be exercised unless the Optionee is at the time of such exercise: (a) in the case of an Eligible Employee, in the employ (or retained as a Service Provider) of the Company or a Designated Affiliate and shall have been continuously so employed or retained since the grant of the Option; or (b) in the case of an Eligible Director, a director of the Company or a Designated Affiliate and shall have been such a director continuously since the grant of the Option.
Any obligation of the Bank may be performed by its Designated Affiliate or Affiliates or a person designated by the Bank.
Neither the Corporation nor any applicable Designated Affiliate shall be required to obtain any particular price for the Common Shares.
A Participant who transfers employment from a Designated Affiliate participating in the Non-423 Component to the Company or any Designated Subsidiary participating in the 423 Component shall remain a Participant in the Non-423 Component until the earlier of (i) the end of the current Offering Period under the Non-423 Component, or (ii) the Enrollment Date of the first Offering Period in which he or she participates following such transfer.