Swiss Participant definition

Swiss Participant means any Participant who is resident for tax purposes in Switzerland.

Examples of Swiss Participant in a sentence

  • These changes took effect three months after the law was enacted, providing a window of opportunity during which individuals could accelerate inter vivos giving to take advantage of the temporarily lower rates.

  • Subject to the approval of the Board or a duly authorized Officer, a Swiss Participant may, by delivering written notice to the Company (or a third party designated by the Company, each a “Company Designee”), in a form approved by the Company (or a Company Designee), designate a third party who, on the death of the Swiss Participant, will thereafter be entitled to exercise the Option or SAR and receive the Common Shares or other consideration resulting from such exercise.

  • CEFcult builds on the results of the INCA toolset and approach of the Autobiography of Intercultural Encounters, described above.

  • An Option or SARs will not be transferable except to the Swiss Participant’s spouse or descendants through inheritance or matrimonial law and will be exercisable during the lifetime of the Swiss Participant only by said Swiss Participant.

  • The Committee notes that Rwandans living abroad receive assistance through the General Diaspora Facilitation Programme and that the Ministry of Foreign Affairs and International Cooperation has a unit that serves the members of the Rwandan community abroad on a daily basis.

  • For labor law purposes, any value or benefit derived from any Awards shall not be considered as part of normal or expected wages or salary or compensation of any Swiss Participant for any purposes, including, but not limited to, calculation of any severance, resignation, termination, redundancy, dismissal, other end-of-service payments, vacation, bonuses, long-term service awards, indemnification, pension or retirement benefits, or any other payments, benefits or rights of any kind.

  • In the absence of such a designation, upon the death of the Swiss Participant, the executor or administrator of the Swiss Participant’s estate or the Swiss Participant’s legal heirs will be entitled to exercise the Option or SAR and receive the Common Shares or other consideration resulting from such exercise.

  • Any liability to taxation as may be incurred by the Swiss Participant and arising in respect of the grant of Awards or otherwise in connection with the Plan shall be in the account of the Participant, in accordance with Article 17 et seqq of the Swiss Direct Federal Tax Law.

Related to Swiss Participant

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Clearing Participant means a person admitted as a participant under the Clearing Rules.

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Depositary Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Depositary effects book-entry transfers and pledges of securities deposited with the Depositary.

  • Authorised Participant means the Initial Authorised Participant, the Second Authorised Participant and any Additional Authorised Participant.

  • Participant has the meaning specified in Section 10.06(d).

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Principal Participant means any of the following entities:

  • Other Participant means a cooperative project participant other than the United States.