Subsidiary Corporation definition

Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Subsidiary Corporation means any corporation, other than the Company, in an unbroken chain of corporations beginning with the Company if, at the time of the granting of the Option, each of the corporations other than the last corporation in an unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

Subsidiary Corporation means a corporation other than the Company in an unbroken chain of corporations beginning with the Company if, at the time of granting the Option, each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

Examples of Subsidiary Corporation in a sentence

• Temple Hill Subsidiary Corporation The Valhalla Cemetery Subsidiary Corporation Virginia Memorial Service Subsidiary Corporation W N C Subsidiary, Inc.

• Rockbridge Memorial Gardens Subsidiary Company Rose Lawn Cemeteries Subsidiary, Incorporated Roselawn Development Subsidiary Corporation ▇▇▇▇▇▇▇ Memorial Cemetery Subsidiary, Inc.

• The aggregate market value (determined as of the time the ISO is granted) of the Common Stock with respect to which ISOs (under all option plans of the Company and of any Parent Corporation and of any Subsidiary Corporation) are exercisable for the first time by a Participant during any calendar year shall not exceed $100,000.

• Accordingly, ISOs may be granted only to Participants who are employees (as described in Treasury Regulation Section 1.421-7(h)) of the Company or of any "Parent Corporation" (as defined in Code Section 424(e)) or of any "Subsidiary Corporation" (as defined in Code Section 424(f)) on the date of grant.

• Nothing set forth herein or in the Plan shall (i) confer upon the Grantee any right of continued employment for any period by the Company or any of its divisions or Subsidiary Corporations, (ii) entitle the Grantee to remuneration or benefits not set forth in the Plan, or (iii) interfere with or limit in any way the right of the Company or any such division or Subsidiary Corporation to terminate such Grantee’s employment.

More Definitions of Subsidiary Corporation

Subsidiary Corporation means any Subsidiary Corporation as defined in Section 424(f) of the IRC.

Subsidiary Corporation means a subsidiary municipal health facilities corporation incorporated under this act. The term includes a restructured subsidiary corporation.

Subsidiary Corporation means any corporation in the unbroken chain of corporations starting with the employer corporation, where, at each link of the chain, the corporation and the link above owns at least 50 percent of the combined voting power of all classes of stock in the corporation below.

Subsidiary Corporation means “subsidiary corporation” as defined in Section 424(f) of the US Code;

Subsidiary Corporation means a “subsidiary corporation” of the Company within the meaning of Code Section 424(f).

Subsidiary Corporation means any present or future "subsidiary corporation" of the Company, as defined in Section 424(f) of the Code, while such subsidiary is a "subsidiary corporation" of the Company.

Subsidiary Corporation means any corporation at least eighty percent of the voting stock of which is held beneficially by this corporation.