Material operations definition
Material operations means that it has more than 5% market share in any of Huntington’s footprint states. “Bank affiliated” means owned by a bank or a bank holding company. The Employee agrees and acknowledges that for purposes of this Paragraph, “employment” and/or “perform any competing services” shall mean that the Employee is engaged as an agent, employee, director, owner, partner or consultant by any bank or bank affiliated broker dealer. If, and to the extent that, the Employee violates the terms of this non-competition provision, the continued vesting of the Employee’s Restricted Stock Units shall immediately cease, and the Employee shall forfeit any unvested Restricted Stock Units.
Material operations means that it has more than 5% market share in any of Huntington’s footprint states. “Bank affiliated” means owned by a bank or a bank holding company. The Employee agrees and acknowledges that for purposes of this Paragraph, “employment” and/or “perform any competing services” shall mean that the Employee is engaged as an agent, employee, director, owner, partner or consultant by any bank or bank affiliated broker dealer. If, and to the extent that, the Employee violates the terms of this non-competition provision, the continued vesting of the Employee’s Option shares shall immediately cease, and the Employee shall forfeit any unvested Option shares. Notwithstanding the foregoing restrictive covenants of this Agreement, if Employee separates employment within one year following a Change in Control that is not pursuant to a transaction approved by the Huntington Bancshares Incorporated Board of Directors, then Employee’s obligations will cease as of the date of his or her employment termination.
Material operations means assets or operations of the Company or its Subsidiaries that (a) exceed 5% of the assets of the Company and its Consolidated Subsidiaries or (b) contributed more than 5% of the income from continuing operations of the Company and its Consolidated Subsidiaries (before income taxes, extraordinary items and intercompany management or similar fees) for the most recently completed four fiscal quarters of the Company for which financial statements are available.
More Definitions of Material operations
Material operations means that it has more than 5% market share in any of Huntington’s footprint states. “Bank affiliated” means owned by a bank or a bank holding company. The Employee agrees and acknowledges that for purposes of this Paragraph, “employment” and/or “perform any competing services” shall mean that the Employee is engaged as an agent, employee, director, owner, partner or consultant by any bank or bank affiliated broker dealer. If, and to the extent that, the Employee violates the terms of this non-competition provision, the continued vesting of the Employee’s Option shares shall immediately cease, and the Employee shall forfeit any unvested Option shares.
Material operations means :-
(a) in relation to any Affected Operator, any Notifiable Operations which do or are likely materially to affect any coal mine or any Operations in respect of which that Affected Operator holds an Authorisation or any Potential Operations in relation to any coal or any coal mine in respect of which that Affected Operator holds an Authorisation; and
(b) in relation to the Authority :-
(i) any Notifiable Operations which do or are likely materially to affect any Potential Operations in relation to any coal or any coal mine of the Authority or which increase or are likely to increase the liabilities associated at any time with any rights or interests (including, without limitation, any reversionary interest) of the Authority in any coal or any coal mine; or
(ii) any Notifiable Operations which do or are likely materially to affect any coal mine or any Operations or any Potential Operations of any person for the time being holding a licence or consent (not being an Authorisation) from the Authority to carry on any Operations;
Material operations means that it has more than 5% market share in any Footprint State. (4) “Bank affiliated” means owned by a bank or a bank holding company. (5) “Award Restricted Period” shall be the period between the Date of the Award and the third anniversary of the Date of the Award. Notwithstanding the foregoing restrictive covenants of this Agreement, if the Employee separates employment within one year following a Change in Control that is not pursuant to a transaction approved by the Huntington Bancshares Incorporated Board of Directors, then the Employee’s obligations will cease as of the date of the Employee’s termination of employment.
Material operations means (a) the Cosmo Mine, Union Reefs Processing facility, Union Reefs Prospect and Crosscourse deposits, International, Maud Creek, Fosterville Gold Mine and Stawell Gold Mine, and Pine Creek North (International/Gandys); and (b) any other property of the Corporation or any Material Subsidiary which is material to the Corporation on a consolidated basis;
Material operations means that it has more than 5% market share in any of Huntington’s footprint states. “Bank affiliated” means owned by a bank or a bank Huntington Bancshares Incorporated holding company. The Employee agrees and acknowledges that for purposes of this Paragraph, “employment” and/or “perform any competing services” shall mean that the Employee is engaged as an agent, employee, director, owner, partner or consultant by any bank or bank affiliated broker dealer. If, and to the extent that, the Employee violates the terms of this non-competition provision, the continued vesting of the Employee’s Restricted Stock Units shall immediately cease, and the Employee shall forfeit any unvested Restricted Stock Units. Notwithstanding the foregoing restrictive covenants of this Agreement, if Employee separates employment within one year following a Change in Control that is not pursuant to a transaction approved by the Huntington Bancshares Incorporated Board of Directors, then Employee’s obligations will cease as of the date of his or her employment termination.
Material operations means that it has more than 5% market share in any of Huntington’s footprint states. “Bank affiliated” means owned by a bank or a bank holding company. The Employee agrees and acknowledges that for purposes of this Paragraph, “employment” and/or “perform any competing services” shall mean that the Employee is engaged as an agent, employee, director, owner, partner or consultant by any bank or bank affiliated broker dealer. If, and to the extent that, the Employee violates the terms of this non-competition provision, the continued vesting of the Employee’s Restricted Stock Units shall immediately cease, and the Employee shall forfeit any unvested Restricted Stock Units. Notwithstanding the foregoing non-competition provisions of this Agreement, if Employee separates employment within one year following a Change in Control that is not pursuant to a transaction approved by the Huntington Bancshares Incorporated Board of Directors, then Employee’s obligations will cease as of the date of his or her employment termination. The Company will not have any further obligations to the Employee under this Agreement if the Employee’s grant is forfeited as provided herein. This Agreement along with the 2012 Long-Term Incentive Plan Prospectus will be available by accessing your Fidelity account. I hereby accept the terms of this Agreement electronically through Fidelity.