Executive Affiliate definition

Executive Affiliate means TLW Investments, Inc., an Oklahoma corporation, with respect to Tom L. Ward and Duet 8, L.P. with respect to Malone Mitchell 3rd, and any entity owned solely by such Executive and such Executive’s immediate family members designated as a Executive Affiliate in writing and approved by the Committee.
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Executive Affiliate means (i) an Entity in which Executive or a member of Executive’s immediate family owns equity possessing at least one half of one percent (0.5%) of the total combined voting power of all classes of equity entitled to vote, or rights to acquire such equity; or (ii) any person who provides services to any such Entity as an employee or contractor.
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Examples of Executive Affiliate in a sentence

  • If the Company does not deliver an affirmative written decision to accept the Offer to the Executive within fifteen (15) days of the receipt of the Offer, the Executive or any Executive Affiliate shall be permitted to pursue such opportunity for their own accounts.

  • The Executive or the designated Executive Affiliate will be permitted to participate in the FWP Program.

  • The Executive or the designated Executive Affiliate will be permitted to participate in the FWP Program in accordance with its terms.

  • The Company will pay to the Executive Affiliate a fixed monthly fee of [•] Euros (EUR €[•]) (the “Service Fee”).

  • However, during the Post-Termination Restricted Period, in the event the Executive of any Executive Affiliate receives a Business Opportunity, then Executive will (and will cause each applicable Executive Affiliate to) first offer to the Company in writing (the "Offer") the opportunity to acquire and/or invest in the Business Opportunity prior to directly and/or indirectly proceeding with such opportunity for the account of the Executive or any Executive Affiliate .

  • The Executive or the designated Executive Affiliate will be permitted to acquire on the terms and conditions set forth herein an interest in the governmental, spacing or production unit for each of the w▇▇▇▇ (the “Program W▇▇▇▇”) spudded by any of the Company Entities (as hereafter defined) in any Calendar Quarter (as hereafter defined) during the Participation Term (as hereafter defined).

  • If the foregoing clause (a) is applicable to a Program Well, then the Company will assign or allocate to the Executive or the designated Executive Affiliate a unit working interest in the Program Well sufficient to cause the Executive and the Executive Affiliates’ combined interest in such Program Well to equal the Acquisition Percentage (including in such computation any Prior Interests).

  • If the foregoing clause (a) is applicable to a Program Well, then the Company will assign or allocate to the Executive or the designated Executive Affiliate a unit working interest in the Program Well sufficient to cause the Executive and the Executive Affiliates' combined interest in such Program Well to equal the Acquisition Percentage (including in such computation any Prior Interests).

  • The Executive or the designated Executive Affiliate will be permitted to participate in the WP Program.

  • If any Executive Affiliate fails to provide such notice on a timely basis, the Corporation shall so notify Executive, and Executive shall, within five (5) Business Days of receipt of such notice from the Corporation, provide the Corporation with any information that the Executive knows, should know or reasonably believes to be true, regarding the holdings of such Executive Affiliate.