French Participant definition

French Participant means an employee of a Group Company to whom a subsisting French Option has been granted under this French Addendum, and any reference to “Participant” in the other provisions of this Program shall be construed as if it were a reference to “French Participant”.
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French Participant means individuals who have been granted Qualified Deferred Stock Awards.
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French Participant means a French Eligible Employee who has been granted French Options in accordance with the French Sub Plan;
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Examples of French Participant in a sentence

  • The Stock issued to the French Participant pursuant to the French-Qualified Restricted Stock Units shall be recorded and held in an account in the name of the French Participant with the Company, the transfer agent for the Company’s Stock or a broker or in such other manner as the Company may otherwise determine in order to ensure compliance with applicable French law, including any necessary holding periods.

  • In the event a French Participant terminates employment with the Corporation or the French Entity before the first (1st) anniversary of the Grant Date for any reason other than death, his or her Restricted Stock Units shall be forfeited and he or she shall have no right to claim for compensation for the loss of his or her Restricted Stock Units and for not being issued and allotted the underlying Shares.

  • However, notwithstanding the above, in the event of the death of a French Participant, all of his or her outstanding Restricted Stock Units shall vest and shares of Stock underlying Restricted Stock Units shall be issued as set forth in Section 8 of the French RSU Sub-Plan.

  • The failure or inability of any grant of Restricted Stock Units pursuant to this Sub-Plan to qualify for the French Favorable Regime for any reason shall not, under any circumstances, entitle a French Participant or his or her heirs to make any claims for damages, additional compensation, other benefit or payment of taxes owed or otherwise.

  • The French Participant should consult with such advisors as he or she deems appropriate to determine the tax treatment applicable to the Award.


More Definitions of French Participant

French Participant means: (a) a Participant who is subject to French taxation (i.e. income tax and/or social security contributions) at the Grant Date; or (b) a Participant whose Award Document provides that he/she is considered as a French Participant and therefore is subject to the provisions of the Plan applicable to French Participants.
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French Participant means:
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French Participant means any Eligible French Grantee who holds French-Qualified Restricted Stock Units or shares of Stock issued upon settlement of French-Qualified Restricted Stock Units or, if the context so requires, his or her legal representative, guardian or estate.
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French Participant means a Participant whose Award is issued in reliance on Sections L. 225-177 through L. 225-186-1 of the French Commercial Code.
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French Participant means a Participant whose Award is issued in reliance on Sections L. 225-197-1 through L. 225-197-16 of the French Commercial Code.
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French Participant means an Eligible French Employee who has been granted a Qualified Award;
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French Participant means a French Employee who has been granted one or more Award issued in reliance on Articles
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