Proscribed Period definition

Proscribed Period means the period beginning on the date of termination of Participant’s employment and ending on the later of (A) the one year anniversary of such termination date or (B) if the Participant is entitled to severance benefits in the form of salary continuation, the date on which salary continuation is no longer payable to the Participant.
Sample 1Sample 2Sample 3
Proscribed Period means any period during which dealings in Shares by directors is proscribed due to the existence of unpublished price sensitive information, whether by the Company’s own code on insider dealing, regulations imposed by any exchange on which the Company’s shares are traded or otherwise.
Sample 1Sample 2Sample 3
Proscribed Period means the period commencing on the Date of Grant and ending on the date on which the Participant’s employment with the Company terminates by any party for any reason.
Sample 1Sample 2Sample 3

Examples of Proscribed Period in a sentence

  • If an Award Vests during a Proscribed Period, the Award Holder shall not acquire the Plan Shares which are the subject of the Award until after the Proscribed Period and in such cases, the Plan Shares shall be transferred to the Award Holder within 30 days of the end of the Proscribed Period.

  • Notwithstanding any other provision of this policy, a Relevant Person, who is not in possession of inside information in relation to the Group, may be given prior written consent by the Board to sell or otherwise dispose of their securities in the Company during a Proscribed Period where the Relevant Person is in severe financial hardship or there are other exceptional circumstances.

  • If an Award Vests during a Proscribed Period, the Participant shall not acquire the Shares which are the subject of the Award until after the Proscribed Period or otherwise permitted under the Listing Rules of the UKFCA or the Company’s own share dealing code or any applicable laws or regulations which impose restrictions on share dealing and in such cases, the Shares shall be issued or transferred to the Participant within 30 days of the end of the Proscribed Period.

  • An Interest may not be acquired during a Proscribed Period except in circumstances where this is permitted under the Company’s own code on insider dealing.

  • A Participant may not exercise an Option at any time when such exercise would be by a director during a Proscribed Period.

  • The review confirmed that the growth strategy phase of the default arrangement remains appropriate and that the level of diversification that it provides is satisfactory.

  • If an Award Vests during a Proscribed Period, the Award Holder shall not acquire the Plan Shares which are the subject of the Award until after the Proscribed Period and provided that the Award Holder was an Eligible Employee at the start of such Proscribed Period, the Plan Shares shall be transferred to the Award Holder within 30 days of the end of the Proscribed Period.


More Definitions of Proscribed Period

Proscribed Period means the period beginning on the date of termination of Participant’s employment and ending on the later of (A) the one year anniversary of
Sample 1
Proscribed Period means any period during which dealings in Plan Shares by directors is proscribed due to the existence of unpublished price sensitive information in accordance with applicable law, regulations imposed by any exchange on which the Company’s shares are traded or the Company’s own code on insider dealing (unless, in the case of the Company’s own code on insider dealing, the Committee determines reasonably that such period should not be proscribed for the purposes of the Plan but provided always that this discretion shall not be exercised to treat any period which would be proscribed by law as not being so proscribed);
Sample 1
Proscribed Period means any period during which dealings in Plan Shares by directors is proscribed due to the existence of inside information, whether by the Company’s own code on insider dealing or otherwise, including, ordinarily,
Sample 1
Proscribed Period means the period beginning on the date of termination of Participant’s
Sample 1

Related to Proscribed Period

  • prescribed period means 14 days;

  • Prohibited Period means the period during which Executive is employed by the Company hereunder and a period of two years following the end of Executive’s employment with the Company.

  • Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

  • Specified Period means the period beginning on the commencement date and terminating in accordance with section 72(6) of the Act;

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Closed Period means (i) ten quotation days preceding and three quotation days following the disclosure to the public of the consolidated financial statements or annual statement of the Company; or (ii) the period as from the date the corporate management possesses material information which could, if disclosed to the public, significantly impact the quotation of the Shares of the Company, until ten quotation days after the day such information is disclosed to the public.

  • Restricted Period means the 40-day distribution compliance period as defined in Regulation S.

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • Protected Period means the period that begins on the date six months before a Change in Control and ends on the later of the first annual anniversary of the Change in Control or the expiration date of this Agreement.

  • Effective Period has the meaning assigned thereto in Section 2(a).

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Qualifying Time Period means the period defined in Section 2.3.C, during which the Applicant shall make investment on the Land where the Qualified Property is located in the amount required by the Act, the Comptroller’s Rules, and this Agreement.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Extended Period As defined in Section 9.04(b).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Competitive Activity will not include (i) the mere ownership of securities in any such enterprise and the exercise of rights appurtenant thereto or (ii) participation in the management of any such enterprise other than in connection with the competitive operations of such enterprise.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Required Period means (a) 15 business days in the case of construction drawings, and (b) 10 business days in the case of any other plans and specifications (including a space plan). Any such notice of disapproval shall describe with reasonable specificity the basis for Landlord’s disapproval and the changes that would be necessary to resolve Landlord’s objections.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Nonsolicitation Period means the Employment Period and a period ending six months after the Date of Termination.

  • Limitation Period means any period while any amount remains owing on the Note and interest on such amount, calculated at the applicable interest rate, plus any fees or other sums payable under any Loan Document and deemed to be interest under applicable law, would exceed the amount of interest which would accrue at the Highest Lawful Rate.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • COBRA Period means the period beginning on the Date of Termination and ending on the six-month anniversary thereof; provided, however, that in the event the Qualifying Termination occurs on or within 24 months following a Change in Control, then the COBRA Period instead shall end on the 12-month anniversary thereof.