Shareholder-Employee definition

Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

Shareholder-Employee means a Participant who owns (or is considered as owning) more than five percent (5%) of the outstanding stock of an S Corporation on any day during the taxable year of reference of such S Corporation. In determining the percent of a Participant's ownership of the outstanding stock, the family attribution rules of section 318(a)(1) of the Code, or nay other applicable section of the Code pertaining thereto shall apply.

Shareholder-Employee means an Employee who owns, at the time an Incentive Stock Option is granted, stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of Company or a Subsidiary. For this purpose, the attribution of stock ownership rules of Code Section 424(d) shall apply.

Examples of Shareholder-Employee in a sentence

• Some facilitated sessions/training for non-executives and executives together on this could be helpful, can also in that forum discuss information needs (see above).

• The Company classifies the Private Placement Warrants and unvested founder shares as a liability on its consolidated balance sheets as these instruments are precluded from being indexed to our own stock given the terms allow for a settlement that does not meet the scope of the fixed-for-fixed exception in ASC 815.

• This should include information on how the community renewable energy project would support the energy resilience of structures or facilities essential to the public welfare, how the energy resilience will be increased, and the energy resilience benefits it will bring.

• Thus, based on the length of his employment at OHP, the parties agree that OHP’s buy-back of Saye’s shares was governed by Paragraph 3.8(c)(iii) of the Shareholder Agreement, which states: If a Shareholder-Employee leaves after twenty-four months (24) of employment, such person shall be paid the per Share price as determined by an appraiser selected (and paid) by the Company.

• AOKI, Equilibrium Growth of the Hierarchical Firm: Shareholder-Employee Cooperative Game Approach, in: The American Economic Review 72 (1982) 1098.

More Definitions of Shareholder-Employee

Shareholder-Employee means a Participant who owns (or is deemed to own pursuant to Code Section 318(a)(1)) more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation (S Corporation) under the applicable Code sections relating to Small Business Corporations.

Shareholder-Employee means an employee or officer of an “S” corporation who owns (or is considered as owning under Code §318(a)(1)) more than 5% of the outstanding stock of the corporation on any day of the corporation’s taxable year.

Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of Holding Company or of any Subsidiary or parent company. For this purpose, the attribution of stock ownership rules provided in Section 424(d) of the Code shall apply.

Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Employer or of any Parent or Subsidiary. For this purpose, the attribution of stock ownership rules provided in Section 425(d) of the Internal Revenue Code shall apply.

Shareholder-Employee means an employee of a subchapter S corporation (Section 1361, et seq., of the Code) who owns more than five percent (5%) of the outstanding stock of such corporation.

Shareholder-Employee means an Employee who owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Employer or of any Subsidiary; for this purpose, the attribution of stock ownership rules provided in Section 424 of the Code apply.

Shareholder-Employee means an employee or officer of an electing small business (Subchapter S) corporation who owns (or is considered as owning within the meaning of Code Section 318(a)(1)), on any day during the taxable year of such corporation, more than five-percent of the outstanding stock of the corporation.