Class Administrator. The eligible class of persons for Performance-Based Awards under this Section 5.2 shall be officers and employees of any member of the Group. The Administrator approving Performance-Based Awards or making any certification required pursuant to Section 5.2.4 must be constituted as provided in Section 3.1 for awards that are intended as performance-based compensation under Section 162(m) of the Code.
Appears in 2 contracts
Samples: Stock Option Plan Agreement (Chineseworldnet Com Inc), Stock Option Plan Agreement (Chineseworldnet Com Inc)
Class Administrator. The eligible class of persons for Performance-Based Awards under this Section 5.2 shall be officers and employees of any member the Corporation or one of the Groupits Subsidiaries. The Administrator approving Performance-Based Awards or making any certification required pursuant to Section 5.2.4 must be constituted as provided in Section 3.1 for awards that are intended as performance-based compensation under Section 162(m) of the Code.
Appears in 2 contracts
Samples: Registration Rights Agreement (Majesco Entertainment Co), Warrant Agreement (Hicks Acquisition CO I Inc.)
Class Administrator. The eligible class of persons for Performance-Based Awards under this Section 5.2 shall be officers and employees of any member of the GroupCorporation and its Subsidiaries. The Administrator approving Performance-Based Awards or making any certification required pursuant to Section 5.2.4 must be constituted as provided in Section 3.1 for awards that are intended as performance-based compensation under Section 162(m) of the Code.
Appears in 2 contracts
Samples: Agreement (New Century Financial Corp), Execution Version (Greenlight Capital LLC)
