Related Corporation means any “parent corporation” or “subsidiary corporation” of the Company whether now or subsequently established, as those terms are defined in Sections 424(e) and (f), respectively, of the Code.
Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).
Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.
Unvested Company Option means any Company Option that is not a Vested Company Option.
Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Inside Director means a Director who is an Employee.
Affiliated Corporation means any corporation that is either a parent corporation with respect to the Company or a subsidiary corporation with respect to the Company (within the meaning of Sections 424(e) and (f), respectively, of the Internal Revenue Code).
Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Outside Director means a Director who is not an Employee.
Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.
Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:
Non-Key Employee means any Employee who is not a Key Employee.
Gravely disabled means a condition in which a person, as a
Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.
DSUs means the deferred share units granted under the DSU Plan;
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.
Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.
Employing Company means the Company and any affiliate or subsidiary of The Southern Company which the Board of Directors may from time to time determine to bring under the Plan and which shall adopt the Plan, and any successor of them. The Employing Companies are set forth on Appendix A to the Plan as updated from time to time. No such entity shall be treated as an Employing Company prior to the date it adopts the Plan.
Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).
Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.
Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.
Restricted Shares shall have the respective meanings set forth in Section 2.14.
Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.