Shareholder Employee. An Employee or Officer who owns [or is considered as owning within the meaning of Code Section 318(a)(1)], on any day during the taxable year of an electing small business corporation (S Corporation), more than 5% of such corporation's outstanding stock.
Appears in 7 contracts
Samples: East West Bancorp Inc, Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)
Shareholder Employee. An Employee or Officer officer of an electing small business (Subchapter S) corporation who owns [(or is considered as owning within with the meaning of Code Section section 318(a)(1)], ) on any day during the taxable year of an electing small business the corporation (S Corporation), more than 5% 5 percent of such corporation's the outstanding stock.
Appears in 1 contract
Samples: Hs Resources Inc
Shareholder Employee. An Employee or Officer officer of an electing small business (Subchapter S) corporation who owns [(or is considered as owning within with the meaning of Code Section 318(a)(1)], section 318) on any day during the taxable year of an electing small business the corporation (S Corporation), more than 5% 5 percent of such corporation's the outstanding stock.
Appears in 1 contract
Samples: Sharing Plan Trust Agreement (C Cube Microsystems Inc)
