Stock Ownership Affidavit definition

Stock Ownership Affidavit means a notarized affidavit under which a Participant attests to the ownership of Stock for purposes of satisfying the exercise price of an Option subject to a Deferral Election.
Sample 1Sample 2Sample 3

Examples of Stock Ownership Affidavit in a sentence

  • In the event of a partial exercise pursuant to this Section 3.3, any Option that is not exercised because the exercise price was not satisfied under the relevant Stock Ownership Affidavit will be forfeited as of the Exercise Date.

  • Notwithstanding any provision to the contrary, if the Total Market Value of the Stock presented 5 under the Stock Ownership Affidavit is not sufficient to satisfy the exercise price of all Options subject to the Deferral Election, the Company shall effect the exercise of the number of Options for which the Stock Ownership Affidavit is sufficient to satisfy the exercise price, effecting the exercise of Options with the lowest exercise prices first.

  • In the event of a partial exercise pursuant to this Section 5.3, any Option that is not exercised because the exercise price was not satisfied under the relevant Stock Ownership Affidavit will be forfeited as of the Exercise Date.

  • Notwithstanding any provision to the contrary, if the Total Market Value of the Stock presented under the Stock Ownership Affidavit is not sufficient to satisfy the exercise price of all Options subject to the Stock Option Deferral Election, the Company shall effect the exercise of the number of Options for which the Stock Ownership Affidavit is sufficient to satisfy the exercise price, effecting the exercise of Options with the lowest exercise prices first.

Related to Stock Ownership Affidavit

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Ownership Certificate An equity certificate representing a 100% undivided beneficial ownership interest in the Trust, substantially in the form attached as part of Exhibit A to the Trust Agreement.

  • Certificate of Beneficial Ownership means, for each Borrower, a certificate in form and substance acceptable to Agent (as amended or modified by Agent from time to time in its sole discretion), certifying, among other things, the Beneficial Owner of such Borrower.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Transfer Affidavit As defined in Section 5.02(c).

  • medical certificate means a certificate signed by a registered medical practitioner.

  • Rollover means the renewal of all or any part of any LIBOR Rate Loan upon the expiration of the Interest Period with respect thereto, pursuant to Section 2.3.

  • Affidavit of Small Business Enterprise Certification means the fully completed, signed, and notarized affidavit that must be submitted with an application for SBE certification. Representations and certifications made by the applicant in this Affidavit are made under penalty of perjury and will be used and relied upon by City to verify SBE eligibility and compliance with SBE certification and documentation requirements.

  • WREGIS Certificate or “Certificate” means “Certificate” as defined by the WREGIS Operating Rules.

  • Lost Note Affidavit With respect to any Mortgage Loan as to which the original Mortgage Note has been permanently lost or destroyed and has not been replaced, an affidavit from the Seller certifying that the original Mortgage Note has been lost, misplaced or destroyed (together with a copy of the related Mortgage Note and indemnifying the Trust against any loss, cost or liability resulting from the failure to deliver the original Mortgage Note) in the form of Exhibit H hereto.

  • Company Stock Certificate shall have the meaning set forth in Section 1.6.

  • Continuing Disclosure Certificate means that certain Continuing Disclosure Certificate executed by the District and dated the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from time to time in accordance with the terms thereof.

  • Certificate of Limited Partnership means the Certificate of Limited Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.2, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time.

  • Single Certificate With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.

  • Spousal Consent has the meaning set forth in Section 7.19.

  • Vote Limit Certificate means a certificate in substantially the form attached hereto as Exhibit B which is delivered to the Company in accordance with Article 8.

  • Tax Certificate means the Federal Tax Certificate executed and delivered by the City on the Date of Original Issue of any Bond issued as a Tax-Exempt Bond, as the same may be amended or supplemented in accordance with its provisions.

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Transferee Affidavit As defined in Section 5.03(n).

  • Disclosure Certificate means this Continuing Disclosure Certificate.

  • Environmental Certificate shall have the meaning set forth in Section 12.2.1.

  • Class R-X Certificate Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.