Common use of Designation of Participants Clause in Contracts

Designation of Participants. For the purposes of the UK Sub-Plan, Section 4.2 of the Federated Plan shall read as follows: “Participants shall be selected, from time to time, by the Board Committee, from those Employees of the Company and any Group Company who, in the opinion of the Board Committee, have the capacity to contribute materially to the continued growth and successful performance of the Company. Outside Directors and any other person who is not an Employee may not be granted Awards under this Sub-Plan.”

Appears in 4 contracts

Samples: Stock Incentive Plan (Federated Hermes, Inc.), Stock Incentive Plan (Federated Hermes, Inc.), www.sec.gov

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