Australian Participant definition

Australian Participant means each Participant who is resident in Australia at the time of grant of an Option, provided that the Board may deem any Participant to be an Australian Participant or may provide that a Participant who is resident in Australia at the time of grant of an Option is not an Australian Participant.

Australian Participant means any person that is the subject of an “offer”, as that term is defined in ASIC Class Order CO 14/1000 (being generally a person ordinarily situated within Australia or its Territories).

Australian Participant means a Participant who resides in Australia and who has elected to participate in the Plan and who receives the offer to purchase CDIs under the Plan.

Examples of Australian Participant in a sentence

• An Australian Participant can, from time to time, ascertain the market price of the shares of Stock by obtaining that price from the Corporation website (xxxx://xx.xxxx.xxx) or The Wall Street Journal.

• An Australian Participant can, from time to time, ascertain the market price of the shares of Stock by obtaining that price from the Corporation website (xxxx://xx.xxxx.xxx/) or The Wall Street Journal.

• Once a benefit is determined for an Australian Participant under this Article, such benefit shall be subject to the Plan’s normal conditions and shall be paid in accordance with the Plan’s normal terms.

• Within one month of the first offer being made to an Australian Participant under this addendum, the Company must notify ASIC of its intent to rely on Class order 14/1000 (in the prescribed form).

• The benefit of an Australian Participant shall be determined under Section Q.3 below, subject to Section Q.4 below.

• The Australian Participant further acknowledges that his or her participation in the Plan, the grant of the RIUs and any acquisition of Common Units under the Plan do not constitute an employment relationship between the Australian Participant and the Company because the Australian Participant is participating in the Plan on a wholly commercial basis.

• APPENDIX ARTICLE Q AUSTRALIAN PARTICIPANTSQ.1 Scope: This Article provides special rules for calculating the benefit of an Australian Participant, and these rules are the exclusive basis for an Australian Employee to become entitled to a benefit from the Plan.

• Notwithstanding clause 1.1(g) of this Agreement, an Australian Participant right’s under this Agreement or under the RIU Award may not be transferred in any manner other than by will or by the laws of descent and distribution.

• The Australian Participant further acknowledges that his or her participation in the Plan, the grant of the PSUs and any acquisition of shares of Common Stock under the Plan do not constitute an employment relationship between the Australian Participant and the Company because the Australian Participant is participating in the Plan on a wholly commercial basis.

• Within one month of the first offer being made to an Australian Participant under this Australian Addendum, the Company must give ASIC a notice of reliance in accordance with the Class Order.

More Definitions of Australian Participant

Australian Participant means a Participant that is a resident of Australia for taxation purposes and is not a resident of the United States of America for tax purposes.

Australian Participant means a Participant who is resident for taxation purposes in the Commonwealth of Australia on the date of an applicable Vesting Notice;

Australian Participant means an Australian Offeree who has accepted an Offer (as defined below) to participate in the Plan;

Australian Participant means each Participant who is resident in Australia at the time of grant of an Option, provided

Australian Participant means a person or entity that is offered Options, SARs or Bonus Shares under the Plan in Australia where that person or entity is permitted to be made an offer under the Plan without disclosure under Chapter 6D of the Corporations Act, including pursuant to the provisions in the Corporations Act that relate to offers made under employee share schemes (or pursuant to any relief, exemption, instrument or modification granted by ASIC).