Exempt Person means the Company, any subsidiary of the Company, any employee benefit plan of the Company or any subsidiary of the Company, and any Person organized, appointed or established by the Company for or pursuant to the terms of any such plan.
Exempt Person means the Company or any Subsidiary (as such term is hereinafter defined) of the Company, in each case including, without limitation, in its fiduciary capacity, or any employee benefit plan of the Company or of any Subsidiary of the Company, or any entity or trustee holding Common Stock for or pursuant to the terms of any such plan or for the purpose of funding any such plan or funding other employee benefits for employees of the Company or of any Subsidiary of the Company.
Exempt Person means the Company, any Subsidiary (as such term is hereinafter defined) of the Company or any employee benefit plan of the Company or of any Subsidiary of the Company or any entity or trustee holding shares of capital stock of the Company for or pursuant to the terms of any such plan, in its capacity as an agent or trustee for any such plan.
Examples of Exempt Person in a sentence
Notwithstanding the foregoing, the Board shall not be empowered to direct the Company to effect such exchange at any time after any Person (other than an Exempt Person), together with all Affiliates and Associates of such Person, becomes the Beneficial Owner of 50% or more of the Common Stock then outstanding.
More Definitions of Exempt Person
Exempt Person shall have the meaning set forth in the definition of “Acquiring Person.”
Exempt Person means any of the Company, any subsidiary of the Company, any employee benefit plan of the Company or any subsidiary of the Company, and any Person organized, appointed or established by the Company for or pursuant to the terms of any such plan.
Exempt Person means the Company, any wholly-owned Subsidiary of the Company, any employee benefit plan of the Company or of a Subsidiary of the Company, and any Person holding Voting Shares for or pursuant to the terms of any such employee benefit plan.
Exempt Person means:
Exempt Person means (i) the Company, any Subsidiary of the Company, in each case including, without limitation, the officers and members of the board of directors thereof acting in their fiduciary capacities, or any employee benefit plan of the Company or of any Subsidiary of the Company or any entity or trustee holding (or acting in a fiduciary capacity in respect of) shares of capital stock of the Company for or pursuant to the terms of any such plan, or for the purpose of funding other employee benefits for employees of the Company or any Subsidiary of the Company, and (ii) any Person deemed to be an “Exempt Person” in accordance with Section 28 or Section 29.
Exempt Person means: (i) the Company or any Subsidiary (as such term is hereinafter defined) of the Company, in each case including, without limitation, in its fiduciary capacity, or any employee benefit plan of the Company or of any Subsidiary of the Company, or any entity or trustee holding Common Stock for or pursuant to the terms of any such plan or for the purpose of funding any such plan or funding other employee benefits for employees of the Company or of any Subsidiary of the Company; (ii) Frank J. Husic, for so long as such Person, together with any ox xxx Xxxxxxxxes and Associates, shall be the Beneficial Owner of 15% or more, but not 18% or more, of the shares of Common Stock then outstanding, provided that such Persons shall -------- cease to be an Exempt Person at such time when such Person, together with any of his Affiliates and Associates, (A) shall become the Beneficial Owner of less than 15% of the shares of Common Stock then outstanding or (B) shall commerce or publicly announce the intention to commence a tender or exchange offer the consummation of which would result in such Persons becoming the Beneficial Owner of shares of Common Stock aggregating 18% or more of the Common Stock then outstanding; (iii) Mathew and Markson Ltd., an Antiguan corporation, for so long as such Xxxxxn, together with its Affiliates and Associates (other than Morris & Miller Ltd.), shall be the Beneficial Owner of 15% or more, xxx xxt 20% xx more, of the shares of Common Stock then outstanding, provided that such Person shall -------- cease to be an Exempt Person at such time when such Person (A) shall become the Beneficial Owner of less than 15% of the shares of Common Stock then outstanding or (B) shall commerce or publicly announce the intention to commence a tender or exchange offer the consummation of which would result in such Person, together with its Affiliates and Associates (other than Morris & Miller Ltd.), becoming the Beneficial Owner of shares of Xxxxxx Stxxx xxgregating 24% or more of the Common Stock then outstanding; and (iv) Morris & Miller Ltd., an Antiguan corporation, for so long as sxxx Xersox, xxgether with its Affiliates and Associates (other than Mathew and Markson Ltd.), shall be the Beneficial Owner of 15% or xxxx, but not 24% or more, of the shares of Common Stock then outstanding, provided that such Person shall cease to be an Exempt Person at -------- such time when such Person (A) shall become the Beneficial Owner of less than 15% of the shar...
Exempt Person means any Person determined by the Board to be an “Exempt Person” in accordance with the requirements set forth in Section 25 hereof for so long as such Person complies with any limitations or conditions required by the Board in making such determination.