Prohibited Group definition
Examples of Prohibited Group in a sentence
Where the Bribery Act is applicable, the definition of Prohibited Group shall be deemed to include all individuals, not just those in the public sector.
For purposes of this Subsection, the "Prohibited Group" means a group of Participants consisting of highly compensated employees, as described in section 414(q) of the Code.
During the Restricted Period (defined below), no member of the Prohibited Group (defined below) may, directly or indirectly, acquire any Top Lease (defined below) in the Prohibited Area (defined below) without the prior written consent of Disclosing Party, which consent Disclosing Party may withhold for any or no reason.
If any member of the Prohibited Group acquires any Top Lease in breach of Section 11(a), Receiving Party shall promptly send written notice to Disclosing Party containing a description of the Top Lease.