Applicable Committee definition

Applicable Committee means, with respect to the Company Plan and the Operating Partnership Plan, the Company Committee, and, with respect to the Management Company Plan, the Management Company Committee.

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Applicable Committee shall have the meaning set forth in -------------------- Section 12.3.

Applicable Committee means, with respect to the Company Plan, the Company Committee, and means, with respect to the Operating Partnership Plan, the CPHC Committee. (d) "Board of Directors" means the Board of Directors of CPHC. (e) "Board of Trustees" means the Board of Trustees of the Company. (f) "Company" means Colonial Properties Trust. (g) "Company Account" means an unsegregated account maintained by the Company for the purpose of holding deductions from Participant's Eligible Compensation pending the use of such deducted amounts to purchase Shares pursuant to the Plan. (h) "Company Committee" means the Executive Compensation Committee of the Board of Trustees. (i) "Company Plan" means the Plan as administered pursuant to Section 3(a) hereof for the benefit of employees of the Company. (j) "CPHC" means Colonial Properties Holding Company, Inc., the general partner of the Operating Partnership. (k) "CPHC Committee" means the Executive Compensation Committee of the Board of Directors. (l) "Eligible Compensation" includes salary, bonus, commissions, wages and overtime pay of a Participant paid to a Participant by any Employer. (m) "Employer" means the Company, CPHC, the Operating Partnership, Colonial Properties Services Limited Partnership, Colonial Properties Services, Inc. or an Affiliate of any such entity, in its capacity as an Employer of persons eligible to participate in the Plan. (n) "Enrollment Date" means, initially, a date selected by the Plan Administrator in its discretion, and thereafter each January 1, April 1, July 1 and October 1 of each year. (o) "Operating Partnership" means Colonial Realty Limited Partnership. (p) "Operating Partnership Plan" means the Plan as administered pursuant to Section 3(b) hereof for the benefit of the employees of CPHC, the Operating Partnership and their respective Affiliates. (q) "Participant" means (i) an eligible employee of the Company who becomes a participant in the Company Plan, and (ii) an eligible employee of CPHC, the Operating Partnership, or an Affiliate of either who becomes a participant in the Operating Partnership Plan. A Participant may, if eligible, participate in both the Company Plan and the Operating Partnership Plan. (r) "Payroll Deduction Period" means the payroll period of the applicable Employer or such other period as the Plan Administrator shall determine; provided, however, that the first Payroll Deduction Period under the Plan shall commence on a date determined by the Chief Financial Officer of the ...

Examples of Applicable Committee in a sentence

• Notwithstanding the preceding, (a) the number of Shares subject to this option always shall be a whole number, and (b) if the Applicable Committee determines that the delivery of securities or other property (other than Shares) from any such adjustment would create an undue burden or expense, the Employee (or beneficiary) instead shall receive a lump sum cash payment equal to the fair market value (as determined by the Applicable Committee) of such securities or other property.

• The review period may be extended for an additional thirty (30) days if a representative of the non-publishing Party on the Applicable Committee can demonstrate a reasonable need for such extension including, but not limited to, the preparation and filing of patent applications.

• Written copies of such proposed publications and presentations shall be submitted to the Applicable Committee no later than sixty (60) days before submission for publication or presentation and the Applicable Committee shall provide its comments with respect to such publications and presentations within ten (10) Business Days of its receipt of such written copy.

• Rather, on the Scheduled Settlement Date following the Applicable Committee Meeting, if Certification occurs, a pro rata portion of the Performance Shares subject to this Agreement shall be settled based on the period of time in the Performance Period that elapsed prior to Participant's termination of employment.

• Settlement shall not occur if Certification does not occur at the Applicable Committee Meeting in 20__ (the “Deadline”), and if Certification does not occur by the Deadline, no Performance Shares shall be settled and all of Participant's rights under this Agreement shall be forfeited as of the Deadline.

• Rather, on the Scheduled Settlement Date following the Applicable Committee Meeting, if Certification occurs, a pro rata portion of the Performance Shares subject to this Agreement shall be settled based on the period of time in the Performance Period that elapsed prior to Awardee's termination of employment.

• At the Applicable Committee Meeting following the 20__ Performance Year, the Committee shall conduct an objective analysis as to whether one or more of the Performance Measures have been satisfied.

• In connection with any termination of the Company Plan or the Operating Partnership Plan, the Applicable Committee may determine to refund all Participant contributions to the Plan that have not yet been expended to purchase Shares.

• You further understand that we are not responsible for initiating tax deposits with respect to wages paid prior to you becoming a customer of our Payroll Service.

• For purposes of Paragraph 3(b), Appendix A shall also set forth the "Scheduled Vesting Date(s)", which may be the date of, or a date following, a Committee meeting following a specified Performance Period or Performance Year thereof, at which financial results are determined for Award purposes ("Applicable Committee Meeting" or “Applicable Meeting Date”).

More Definitions of Applicable Committee

Applicable Committee means, with respect to the Company Plan, the Company Committee, and means, with respect to the Operating Partnership Plan, the CPHC Committee.

Applicable Committee. , in relation to an appeal, means: