Corporate Affiliate definition

Corporate Affiliate means any parent or subsidiary corporation of the Corporation (as determined in accordance with Code Section 424), whether now existing or subsequently established.
Corporate Affiliate means any parent or subsidiary of the Company (as defined in Section 424 of the Code) which is incorporated in the United States, including any parent or subsidiary corporation which becomes such after the Effective Date.
Corporate Affiliate shall have the meaning as set forth in the definition ofAdditional Amount Paymentin this Section 1.1.

Examples of Corporate Affiliate in a sentence

  • Base Salary shall mean the regular base salary paid to a Participant by one or more ParticipatingCompanies during such individual’s period of participation in the Plan, plus any pre-tax contributions madeby the Participant to any Code Section 401(k) salary deferral plan or any Code Section 125 cafeteria benefit program now or hereafter established by the Corporation or any Corporate Affiliate.

  • Under no circumstances shall purchase rights be granted under the Plan to any Eligible Employee if such individual would, immediately after the grant, own (within the meaning of Code Section 424(d)) or hold outstanding options or other rights to purchase, stock possessing five percent (5%) or more of the totalcombined voting power or value of all classes of stock of the Corporation or any Corporate Affiliate.

  • Nothing in the Plan shall confer upon the Participant any right to continue in the employ of the Corporation or any Corporate Affiliate for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Corporate Affiliate employing such person) or of the Participant, which rights are hereby expressly reserved by each, to terminate such person’s employment at any time for any reason, with or without cause.

  • The following items of compensation shall not be included in Base Salary: (i) all overtime payments, bonuses, commissions (other than those functioning as base salary equivalents), profit-sharing distributions and other incentive-type payments and (ii) any and all contributions (other than Code Section 401(k) or Code Section 125contributions) made on the Participant’s behalf by the Corporation or any Corporate Affiliate under any employee benefit or welfare plan now or hereafter established.


More Definitions of Corporate Affiliate

Corporate Affiliate means any parent or subsidiary corporation or limited liability company of the Company (as determined in accordance with Code section 424), whether now existing or subsequently established.
Corporate Affiliate means and includes all parent, affiliate and subsidiary company(ies) of the Party in reference and shall mean, with regard to either Party, any corporation or other entity that directly or indirectly controls, is controlled by, or is under common control with the Party including but not limited to all parent, affiliate, and subsidiary company(ies) of such Party.
Corporate Affiliate means any company that is either the parent corporation or a subsidiary corporation of the Company (as determined in accordance with Section 424 of the Code), including any parent or subsidiary corporation that becomes such after the Effective Date.
Corporate Affiliate means each Person, other than a natural person, that is an Affiliate of the specified Person.
Corporate Affiliate means an “Affiliate,” as such term is defined in the Stockholders Agreement.
Corporate Affiliate means any company under majority common ownership with the Company or with any Parent or Subsidiary of the Company.
Corporate Affiliate means, with respect to any Person, any other Person (other than a natural person) that is under common control with, or controlled by, the first Person, for so long as such first Person remains in such relationship. Any Corporate Affiliate of any member or members of the Cisneros Family shall be deemed to be a Corporate Affiliate of each member of the Cisneros Family.