Broadly Based definition

Broadly Based as defined herein shall mean that at the end of three (3) years from the date of the Plan as amended at least fifty one percent (51%) of all options granted thereunder shall have been granted to "rank and file" personnel of the Company (i.e., persons who are not officers and directors as defined in "2" above) and that at the anniversary date of each succeeding year no less than 51% of all options granted shall have been granted to the aforesaid "rank and file".
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Broadly Based as defined herein shall mean that at the end of three (3) years from the date of the Plan as amended at least fifty one percent (51%) of all options granted thereunder shall have been granted to "rank and file" personnel of the Company (i.e., persons who are not
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Broadly Based as defined herein shall mean that at the end of three
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Examples of Broadly Based in a sentence

  • The Executive is a participant in the 2000 Broadly Based Stock Option Plan and the 2010 Equity Incentive Plan.

  • The Covenant Not to Compete set forth in this Section 7 shall supersede and override any and all limitations on Executive’s right to compete with the Company including, without limitation, any similar covenants not to compete in the Stock Option Agreements executed in conjunction with the 2000 Broadly Based Stock Option Plan and the 2010 Equity Incentive Plan and shall be the sole standard by which Executive shall be bound.

  • Management Long-Term Stock Option Plan, the 2000 Broadly Based Stock Option Plan and the 2005 Non-Qualified Stock Option Plan.

  • Management Long-Term Stock Option Plans, 2000 Broadly Based Stock Option Plan and the 2005 Non-Qualified Stock Option Plan and shall be the sole standard by which Executive shall be bound.

  • Management Long-Term Stock Option Plan, and the 2000 Broadly Based Stock Option Plan.

  • Management Long-Term Stock Option Plans, 2000 Broadly Based Stock Option Plan and the NVR, Inc.

  • The Covenant Not to Compete set forth in this Section 7 shall supersede and override any and all limitations on Executive’s right to compete with the Company including, without limitation, any similar covenants not to compete in the Stock Option Agreements executed in conjunction with the 1998 Management Long-term Stock Option Plan, the 2000 Broadly Based Stock Option Plan and the 2010 Equity Incentive Plan and shall be the sole standard by which Executive shall be bound.

  • The Executive is a participant in the 1998 Management Long-term Stock Option Plan, the 2000 Broadly Based Stock Option Plan and the 2010 Equity Incentive Plan.

Related to Broadly Based

  • Research-based means a program or practice that has some research demonstrating effectiveness, but that does not yet meet the standard of evidence-based practices.

  • Community-based means a facility, program or service, or open group home or other suitable place located near the home or family of the juvenile, and programs of community supervision and service which maintain community participation in their planning, operation, and evaluation. These programs may include but are not limited to medical, educational, vocational, social, and psychological guidance, training, counseling, alcoholism treatment, drug treatment, diversion programs for first-time offenders, transitional living, independent living and other rehabilitative services;

  • Short-Term Payout means the payout set forth in Section 4.1.

  • Home-based business means any business for the manufacture, provision, or sale of goods or services that is owned and operated by the owner or tenant of the residential property on which the business operates.

  • Qualifying Educational Program means a program at a post-secondary school level of not less than three consecutive weeks duration that requires each student taking the program to spend not less than 10 hours per week on courses or work in that program.