Ordinary Plan definition

Ordinary Plan means the Life Cover Plan, Crisis Recovery Stand Alone Plan, Income Protection Plan or Business Expenses Plan;
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Ordinary Plan means this Ordinary Share Option Plan in its present form or as amended from time to time.
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Examples of Ordinary Plan in a sentence

  • Neither the US Securities and Exchange Commission nor any state securities commission in the United States has approved or disapproved this Ordinary Plan or determined if this Ordinary Plan is truthful or complete.

  • Ordinary Plan expenses shall be paid from the administration fee and investment contract funds.

  • Participation in the Ordinary Plan in any given year gives no right to participate in any subsequent year.

  • The Board of Directors may in particular delegate the administration of the Ordinary Plan to the Compensation Committee or any other duly authorized committee of the Board of Directors, in which case references to the Board of Directors in the Ordinary Plan shall be construed as referring to the Compensation Committee or to the relevant committee of the Board of Directors respectively.

  • Furthermore, the Participant hereby accepts the powers of the Board of Directors to administer the Ordinary Plan at its absolute discretion, to complete, interpret and implement the documents herein referred through further documentation to the extent necessary or relevant and to decide on all issues in absolute discretion.

  • The Board of Directors may also appoint an Ordinary Share Option Plan Administrator who shall be responsible for giving, receiving and executing the notices set forth in the Ordinary Plan.