Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.
Shareholder-Employee means a Participant who owns (or is considered as owning) more than five percent (5%) of the outstanding stock of an S-Corporation on any day during the taxable year of reference of such S-Corporation. In determining the percent of a Participant's ownership of the outstanding stock, the family attribution rules of section 318(a)(1) of the Code, or any other applicable section of the Code pertaining thereto shall apply.
Shareholder-Employee means an Employee who owns, at the time an Incentive Stock Option is granted, stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of Company or a Subsidiary. For this purpose, the attribution of stock ownership rules of Code Section 424(d) shall apply.
More Definitions of Shareholder-Employee
Shareholder-Employee means a Participant who owns (or is deemed to own pursuant to Code Section 318(a)(1)) more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation (S Corporation) under the applicable Code sections relating to Small Business Corporations.
Shareholder-Employee means an individual who is a shareholder of the Employer, if the Employer is an S corporation as defined in Code section 1361, and who owns more than five percent (5%) of the combined voting power of all classes of common stock of the Employer eligible to vote.
Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of Holding Company or of any Subsidiary or parent company. For this purpose, the attribution of stock ownership rules provided in Section 424(d) of the Code shall apply.
Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Employer or of any Parent or Subsidiary. For this purpose, the attribution of stock ownership rules provided in Section 425(d) of the Internal Revenue Code shall apply.
Shareholder-Employee means an employee of a subchapter S corporation (Section 1361, et seq., of the Code) who owns more than five percent (5%) of the outstanding stock of such corporation.
Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Employer or of any Subsidiary; for this purpose, the attribution of stock ownership rules provided in Section 424 of the Code apply.
Shareholder-Employee means an employee or officer of an electing small business (Subchapter S) corporation who owns (or is considered as owning within the meaning of Code Section 318(a)(1)), on any day during the taxable year of such corporation, more than five-percent of the outstanding stock of the corporation.