Common use of Ten Percent Shareholder Clause in Contracts

Ten Percent Shareholder. A “Ten Percent Shareholder” shall mean a Participant who owns, directly or indirectly by attribution under section 424(d) of the Code, more than ten percent of the total combined voting power of all classes of stock of the Company or a Subsidiary.

Appears in 1 contract

Sources: Long Term Stock Incentive Plan (Wright Medical Group Inc)

Ten Percent Shareholder. A “Ten Percent Shareholder” shall mean a Participant Shareholder means an individual who owns, directly or indirectly by owns (after taking into account the attribution under section rules of Section 424(d) of the Code, ) more than ten percent (10%) of the total combined voting power of all classes of stock shares of either the Company, an Affiliate or a “parent corporation” (within the meaning of Section 424(e) of the Company or a SubsidiaryCode).

Appears in 1 contract

Sources: Employment Agreement (Wright Medical Group N.V.)