Personal Holding Company definition

Personal Holding Company means a personal holding Company that is either wholly owned, or controlled by, any director, executive officer, employee or Consultant of the Company or its Affiliates, and the shares of which are held directly or indirectly by any such person or the person s spouse, minor children and/or minor grandchildren;
Personal Holding Company means a company of which 100% of the voting shares are beneficially owned, directly or indirectly, by a director, officer or employee of, or consultant to, the Corporation or its Subsidiaries and such entity shall be bound by the Plan in the same manner as if the Options were held directly;
Personal Holding Company means a personal holding corporation that is either wholly owned, or controlled by, the Participant, and the shares of which are held directly or indirectly by any of the Participant or the Participant’s spouse, minor children and/or minor grandchildren;

Examples of Personal Holding Company in a sentence

  • Schedule N (Form 5471) (Return of Officers, Directors, and 10% or More Shareholders of a Foreign Personal Holding Company) 13.


More Definitions of Personal Holding Company

Personal Holding Company means a personal holding Company that is either wholly owned, or controlled by, any director, executive officer, employee or Consultant of the Company or its Affiliates, and the shares of which are held
Personal Holding Company means a company of which is wholly owned directly by a director, officer or employee of, or consultant to, the Corporation or its Subsidiaries;
Personal Holding Company means a personal holding corporation that is either wholly owned, or controlled by, the Optionee, and the shares of which are held directly or indirectly by any of the Optionee or the Optionee’s spouse, minor children and/or minor grandchildren;
Personal Holding Company. — means, in relation to a Service Provider, a body corporate, the issued and outstanding voting securities of which are beneficially owned, directly or indirectly, by the Service Provider and/or the spouse, children and/or grandchildren of the Service Provider.
Personal Holding Company means a corporation controlled by an Eligible Person, the shares of which are owned, directly or indirectly, by such Eligible Person, and/or the spouse, minor children and/or minor grandchildren of such Eligible Person;

Related to Personal Holding Company

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.