Common use of SUBSIDIARY DEFINED Clause in Contracts

SUBSIDIARY DEFINED. As used herein, the term “subsidiary” shall mean any present or future corporation which would be a “subsidiary corporation” of the Corporation, as that term is defined in Section 425 of the Internal Revenue Code of 1986.

Appears in 4 contracts

Sources: Employee Incentive Stock Option Agreement (Plains Capital Corp), Employee Incentive Stock Option Agreement (Plains Capital Corp), Employee Incentive Stock Option Agreement (Plains Capital Corp)

SUBSIDIARY DEFINED. As used herein, the term “subsidiary” shall mean any present or future corporation which would be a “subsidiary corporation” of the Corporation, as that term is defined in Section 425 424 (f) of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Employee Incentive Stock Option Agreement (Plains Capital Corp), Employee Incentive Stock Option Agreement (Plains Capital Corp)