EXECUTIVE LOAN PROGRAM definition
EXECUTIVE LOAN PROGRAM means (i) the Company's "Executive Loan Program," pursuant to which the Company loaned funds to certain executives of the Company for the purpose of allowing such executives to purchase shares of Common Stock, and (ii) any and all promissory notes and amendments thereto, employment agreements and amendments thereto, deferred share agreements and any and all other documents, whether entered into prior to or after the date of the Original Agreement, that evidence the loan of such funds or pertain in any way to the repayment of such loans (including providing a source of funds contemplated to be used for such repayment).
EXECUTIVE LOAN PROGRAM means the Alltrista Corporation 2002 Executive Loan Program effective January 2, 2002, pursuant to which the Borrower may make loans to executive officers of the Borrower solely for the purpose of financing exercises by such executive officers of incentive stock options and non-qualified stock options granted under various stock options plans maintained by the Borrower, as amended from time to time except without giving effect to any amendment to the limited stated purpose for which such loans can be made and their proceeds used.
EXECUTIVE LOAN PROGRAM means that certain loan program for executive officers of the Borrower, as amended, dated March 17, 1994.