Common use of Affiliate and Person Clause in Contracts

Affiliate and Person. Affiliate" means any Person that directly or indirectly controls, is controlled by, or is under common control with, the Person in question. As used in this definition, the term "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. The term "Person" means an individual or a corporation, partnership, trust, estate, unincorporated organization, association, or other entity.

Appears in 3 contracts

Samples: Employment Agreement (Networks Associates Inc/), Employment Agreement (Networks Associates Inc/), Employment Agreement (Networks Associates Inc/)

AutoNDA by SimpleDocs

Affiliate and Person. Affiliate" means any Person that directly or indirectly controls, is controlled by, or is under common control with, the Person in question. As used in this definition, the term "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. The term "Person" means an individual or a corporation, partnership, trust, estate, unincorporated organization, association, or other entity.

Appears in 2 contracts

Samples: Employment Agreement (McAfee, Inc.), Employment Agreement (McAfee, Inc.)

Affiliate and Person. Affiliate" means any Person that directly or indirectly controls, is controlled by, or is under common control with, the Person in question. As used in this definition, the term "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. The term "Person" means an individual or a corporation, partnership, trust, estate, unincorporated organization, association, or other entity.term

Appears in 1 contract

Samples: Employment Agreement (Networks Associates Inc/)

AutoNDA by SimpleDocs

Affiliate and Person. Affiliate" means any Person that directly or indirectly controls, is controlled by, or is under common control with, the Person in question. As used in this definition, the term "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Personperson, whether through ownership of voting securities, by contract or otherwise. The term "Personperson" means an individual or a corporation, partnership, trust, estate, unincorporated organization, association, or other entity.

Appears in 1 contract

Samples: Employment Agreement (Networks Associates Inc/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!