Spin-Off Plan definition

Spin-Off Plan means the Comverse Technology, Inc. Spin-Off Compensation Plan.
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Spin-Off Plan is defined in Section 6.3(f)(i).
Sample 1
Spin-Off Plan. A”) and (B) the following alternative plans in the event all or part of Spin-Off Plan A is not completed (“Spin-Off Plan B”, and together with Spin-Off Plan A, the “Spin-Off Plan”):
Sample 1

Examples of Spin-Off Plan in a sentence

  • EPS Dilution/ Control DilutionMM’s IPO according to the Spin-Off Plan will cause the dilution to the EPS or voting rights of the Company in MM at approximately not exceeding 25 per cent of the prior EPS or voting rights.

  • The Board of Directors and Board of Commissioners of the Company, individually or collectively, are responsible for the completeness and accuracy of all information or material facts contained in the Spin-Off Plan and Disclosure of Information and confirm that the information disclosed is correct and that there are no undisclosed material facts that could make this information misleading.

  • The Company shall buy shares from the shareholders that requests their shares to be bought by the Company with the average price of the closing price in BEI for 90 (ninety) calendar days before the announcement of Spin-Off Plan and Disclosure of Information to the Public regarding the Spin-Off of IndiHome Business Segment Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk published in Harian Terbit Newspaper dated April 6, 2023.

  • Such offers will include the opportunity to participate in employee benefit plans provided by Employer or Physician Employer or its affiliates to employees at similar hospitals owned or operated by affiliates of Employer or Physician Employer; provided, however, that the Transferred Pension Participants will not be offered the opportunity to participate in a retirement plan of the Employer other than the Spin-Off Plan as long as such employees are accruing benefits under the Spin-Off Plan.

  • NATURE OF AFFILIATED RELATIONSHIP Telkomsel is a Controlled Company of the Company with a percentage of Company’s ownership in Telkomsel, as of the date of this Spin-Off Plan and Disclosure of Information, of 65% (sixty-five percent) of Telkomsel's total issued and paid-up capital.

  • Following the Plan Spin-Off, the sponsor of the Spin-Off Plan and its affiliates shall have exclusive responsibility for paying benefits under the Spin-Off Plan and for all payment obligations thereunder.

  • The Spin-Off Plan shall have substantially the same terms and conditions as the FTX Pension Plan, subject to any limitation required by Company regarding accrual of benefits after the Effective Time.

  • In accordance with the prevailing laws and regulations in Indonesia, the Company has announced the Summary of Spin-Off Plan and Disclosure of Information in Harian Terbit published on April 6, 2023, which date does not exceed 30 (thirty) days prior to the notice of the Company's GMS in accordance with the provision of Article 127 paragraph (2) of Company Law.

  • Article 12 Other Provisions Any term or condition of this Spin-Off Plan which is invalid or contradicts any relevant laws or regulations and thereby becomes invalid shall be ineffective to the extent of such invalidity.

  • The accrued benefit of each Affected Transferee under the Plan immediately before the Plan Spin-Off shall become his accrued benefit under the applicable Spin-Off Plan immediately after the Plan Spin-Off.


More Definitions of Spin-Off Plan

Spin-Off Plan is defined in “Summary — The Spin-Off Plan”.
Sample 1

Related to Spin-Off Plan

  • Spin-Off shall have the meaning specified in Section 14.04(c).

  • Spin-Off Date means the date on which the Spin-Off occurs.

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • RemainCo shall have the meaning set forth in the Preamble.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Stock Plans shall have the meaning set forth in Section 2.9(a).

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • SpinCo shall have the meaning set forth in the Preamble.

  • Spin-Off Documents means the Separation and Distribution Agreement, the Indemnity Agreement, the Transition Services Agreement, the Tax Matters Agreement, the Employee Matters Agreement, the Intellectual Property Agreement and the Trademark License Agreement and the documents evidencing Indebtedness in respect of the Distribution Date Payment and the Post-Distribution Debt Payment, together with any other agreements, instruments or other documents entered into in connection with any of the foregoing, each as amended from time to time.

  • Corporate Transaction means the consummation, in a single transaction or in a series of related transactions, of any one or more of the following events:

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Spin-Off Transaction means a distribution by the Company to its shareholders of all or any portion of the securities of any Subsidiary of the Company.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company’s securities may be issued to any employee, officer or director for services provided to the Company.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—