Examples of Key participants in a sentence
More particularly, the Committee shall determine which Key Participants shall be granted Options and the terms of such grants.
The aggregate Fair Market Value of Common Stock (determined at the time the Incentive Stock Option is granted) subject to Incentive Stock Options granted to a Key Participant under all plans of the Key Participant's employer corporation and its Parent or Subsidiary corporations and that become exercisable for the first time by such Key Participant during any calendar year may not exceed $100,000.
The Board hereby grants an aggregate of 700,000 Discretionary Options to the Key Participants, namely, Chris Bunka (400,000), Leonard MacMillan (200,000) and Peter Philipchuck (100,000).
KEY PARTICIPANTS means such Executives of the Participating Companies participating in this Plan who are designated as Key Participants by the Committee.
The phrase “without the consent of Key Employees or Beneficiaries” in the fourth sentence of Section 12.08 has been replaced with the phrase “without the consent of Key Employees, Key Participants or their Beneficiaries”.