Examples of Section 16 Persons in a sentence

To the extent permitted by applicable law, the Board may also appoint a committee, composed of one or more officers of the Company, that may authorize Awards to Employees (who are not Section 16 Persons) within parameters specified by the Board and consistent with any limitations imposed by applicable law.
The Board may also appoint one or more separate committees of the Board, each composed of directors of the Company who need not qualify under Rule 16b-3, who may administer the Plan with respect to Key Employees who are not Section 16 Persons, may grant Awards under the Plan to such Key Employees and may determine all terms of such Awards.

More Definitions of Section 16 Persons

Section 16 Persons means those persons required to file reports pursuant to Section 16(a) of the Exchange Act.

Section 16 Persons means those Officers or managers or Non-Employee Managers or other persons who are subject to Section 16 of the Exchange Act.

Section 16 Persons means those officers, directors or other persons who are subject to 16 of the Exchange Act.

Section 16 Persons means persons who are subject to Section 16(a) of the 1934 Act.

Section 16 Persons means those officers, directors or 10-Percent Shareholders who are subject to Section 16 of the Exchange Act.

Section 16 Persons means the Company’s executive officers and directors, including the Company’s principal accounting officer (if separate from the Company’s principal financial officer). Special provisions of this Policy, such as pre-approval of any trades, and special SEC reporting requirements, apply to Section 16 Persons.