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.