Common use of Permitted Ownership Clause in Contracts

Permitted Ownership. Nothing in this Section 10 shall prohibit the Participant from owning less than one percent (1%) of any company that is publicly traded on any national securities exchange.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/), Non Qualified Stock Option Agreement (Fleming Companies Inc /Ok/)

AutoNDA by SimpleDocs

Permitted Ownership. Nothing in this Section 10 14 shall prohibit the Participant from owning less than one percent (1%) of any company that is publicly traded on any national securities exchange.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Fleming Companies Inc /Ok/), Restricted Stock Award Agreement (Fleming Companies Inc /Ok/), Restricted Stock Award Agreement (Fleming Companies Inc /Ok/)

AutoNDA by SimpleDocs

Permitted Ownership. Nothing in this Section 10 14 shall prohibit the Participant from owning less than one percent (1%) of any company that is whose securities are publicly traded on any a national securities exchange.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Fleming Companies Inc /Ok/)

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