Black-Out definition

Black-Out means a restriction imposed by the Company on all or any of its directors, officers, employees, insiders or persons in a special relationship whereby they are to refrain from trading in the Company's securities until the restriction has been lifted by the Company.
Black-Out means a restriction formally imposed by the Corporation, pursuant to its internal trading policies as a result of the bona fide existence of undisclosed material information, on all or any of its Participants whereby such Participants are prohibited from exercising, redeeming or settling their Options;
Black-Out means a restriction imposed by the Company on all or any of its directors, officers, Employees, Insiders or persons

Examples of Black-Out in a sentence

  • For purposes of this Agreement, a “Scheduled Black-Out Period” shall means the periods from and including the day that is ten days prior to the last day of a fiscal quarter of the Company to and including the day that is two days after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • Notwithstanding anything else contained herein, Options may not be exercised during a Black-Out unless the Committee determines otherwise.

  • Notwithstanding anything else contained herein, Options may not be exercised during Black-Out unless the Committee determines otherwise.

  • Access Persons deemed Investment Personnel are further restricted to Black-Out Periods.

  • Without limiting the foregoing, I acknowledge and agree that I shall continue to be subject to the remainder of any Quarterly Black-Out or Special Black-Out (as defined in the Xxxxxxx Xxxxxxx Policy), if such black-out period was instituted prior to my separation from employment.


More Definitions of Black-Out

Black-Out means a restriction imposed by the Issuer on all or any of its directors, officers, employees, insiders or persons in a special relationship whereby they are to refrain from trading in the Issuer’s securities until the restriction has been lifted by the Issuer.
Black-Out means a restriction imposed by the Company on all or any of its directors, officers, consultants, employees, insiders or persons in a special relationship whereby they are to refrain from trading in the Company’s securities until the restriction has been lifted by the Company. Should the Expiry Date for an Option fall within a Black-Out, or within seven (7) business days following the expiration of a Black-Out, such Expiry Date shall, subject to approval of the Regulatory Authorities, be automatically extended without any further act of formality to that date which is the tenth (10th) business day after the end of the Black-Out, such tenth (10th) business day to be considered the Expiry Date for such Option for all purposes under the Plan.
Black-Out has the meaning specified in Section 5.2(3).
Black-Out means a restriction imposed by the Company pursuant to the Company’s internal policies on Participants as a result of the bona fide existence of undisclosed Material Information whereby they are to refrain from trading in the Company's securities until the restriction has been lifted by the Company. Such restriction must expire following the general disclosure of the undisclosed Material Information.
Black-Out. Periods: Leave shall only be granted to an Employee for days during the first five or last five student contact days of school according to the provisions of Article 6.1. Leave shall not be granted on days designated for Inservice Training, Parent Conferences (which are equal to 1.5 work days) or days on which there are activities affecting that Employee mutually scheduled by the applicable supervisor. If leave must be taken on one of these days, written verification from a physician explaining the reason for the absence shall be required upon the employee’s return to work or the employee shall be docked pay equal to the time missed at a per diem rate. Emergency leave in regard to the above situations may be requested according to the provisions of 10.6.1 Employees may be granted leave on the day before or the day after a scheduled period of school intermission of 4 days in length or longer (including Saturday and Sunday) or during the state standardized testing days for the employee’s school. Employees who apply for such leave will be granted permission for the leave but must apply double their leave time toward the time of absence(s). If leave must be taken on one of these days, written verification from a physician explaining the reason for the absence shall be required upon the employee’s return. Emergency leave in regard to the above situations may be requested according to the provisions of Article 6.1.
Black-Out a total or partial breakdown of the synchronously operated electrical system;
Black-Out means a restriction formally imposed by the Company on all or any Executives, Employees and Consultants as a result of the bona fide existence of undisclosed material information or the good-faith potential bona fide existence of undisclosed material information, whereby such persons are prohibited from exercising, redeeming or settling their Options.