Participating Subsidiary definition

Participating Subsidiary means a Subsidiary which has been designated by the Administrator as covered by the Plan.
Participating Subsidiary means any Subsidiary of Company or any other entity formed as necessary or customary under the laws of the relevant jurisdiction that is a participant in a Permitted Accounts Receivable Securitization.
Participating Subsidiary means any Subsidiary other than a Subsidiary excluded from participation in the Plan by the Committee, in its sole discretion.

Examples of Participating Subsidiary in a sentence

  • No portion of a Stock Option shall become exercisable hereunder after termination of the Key Employee's employment with or Board Member's tenure on the Board of Directors of the Company or any Participating Subsidiary except as provided in Section 6.3 above.

  • Grants of Stock Options may be made to Key Employees or members of the Board of Directors of the Company or any Participating Subsidiary.

  • Such steps include, but are not limited to, the withholding of issuance of shares of Common Stock to be issued upon exercise of any Stock Option, until the Participant reimburses the Company or any Participating Subsidiary for the amount the Company or any Participating Subsidiary is required to withhold with respect to such taxes, or reacquiring any portion of such exercise in an amount sufficient to reimburse itself for the amount it is required to so withhold.

  • The Company or any Participating Subsidiary will take such steps for the withholding of any taxes which the Company or any Participating Subsidiary is required to withhold in connection with the exercise of any Stock Option by any law or regulation of any governmental authority.

  • Nothing in this Plan or in the Special Purpose Stock Option Agreement shall confer upon a Member of the Board of Directors the right to continue his or her tenure as a Board Member of the Company or any Participating Subsidiary beyond that period approved by the shareholders of the Company of its Participating Subsidiaries.


More Definitions of Participating Subsidiary

Participating Subsidiary means any Subsidiary designated by the Committee to participate in this Plan which Subsidiary requests or accepts, by action of its board of directors or other appropriate authority, such designation.
Participating Subsidiary means a Subsidiary that has been designated by the Committee in its sole discretion as eligible to participate in the Plan with respect to its Employees.
Participating Subsidiary means a Subsidiary incorporated under the laws of any state in the United States, a territory of the United States, Puerto Rico, or the District of Columbia, or such foreign Subsidiary approved under Section 3.3, which has adopted the Plan as a Participating Subsidiary by action of its board of directors and which has been designated by the Board in accordance with Section 3.3 as covered by the Plan, subject to the requirements of Section 423 of the Code except as noted in Section 3.3.
Participating Subsidiary means any Subsidiary of the Company that is a participant in any Permitted Receivables Purchase Facility.
Participating Subsidiary means a subsidiary of the Company, of which the Company beneficially owns (whether at the date of adoption of this Plan or at a later date), directly or indirectly, more than 50% of the aggregate voting power of all outstanding classes and series of stock.
Participating Subsidiary means any Subsidiary not excluded from participation in the Plan by the Committee, in its sole discretion.
Participating Subsidiary means a subsidiary of the Company, of which the Company beneficially owns, directly or indirectly, more than 50% of the aggregate voting power of all outstanding classes and series of stock, where such subsidiary has adopted one or more plans making participants eligible for participation in this Plan and one or more Employees of which are Potential Participants.