Canadian Participant definition

Canadian Participant means any Participant who is not a U.S. Participant and who is a Canadian resident for tax purposes.

Canadian Participant means a Participant who is a resident of Canada and/or who is granted an Award in respect of, or by virtue of, employment services rendered in Canada, provided that, for greater certainty, a Participant may be both a Canadian Participant and a U.S. Taxpayer;

Canadian Participant means a Participant who is a citizen of Canada or a resident of Canada and any other Participant who is subject to tax under the Income Tax Act (Canada) as amended, with respect to compensatory awards granted pursuant to the Plan;

Examples of Canadian Participant in a sentence

• Beneficial owners of securities maintained in the DTC account of a "registered Canadian Participant" where a "registered Canadian Participant" is (a) a DTC Participant or (b) a downstream financial intermediary holding securities in the account of a DTC Participant; which has directed the required Memorandum of Understanding to Canada Revenue Agency and has received a valid CRA identification number from the CRA, without regard to the residence of the beneficial owners of those securities.

• Capital losses (gains) realized by a Canadian Participant under the Swap Agreement may be offset against (reduced by) any capital gains (losses) realized by the Canadian Participant on a disposition of the Shares, in accordance with the rules and conditions under the Income Tax Act (Canada) or comparable provincial legislation (as applicable).

• Notwithstanding any other provision of this Plan, this Section shall not apply with respect to any Deferred Stock Units held by a Canadian Participant where such Deferred Stock Units are governed under regulation 6801(d) of the ITA or any successor to such provision.

• All Share Units granted hereunder shall be in addition to, and not in substitution for or in lieu of, ordinary salary and wagesreceived or receivable by any Canadian Participant in respect of his or her services to the Corporation or a Subsidiary, as applicable.

• All Share Units granted hereunder shall be in addition to, and not in substitution for or in lieu of, ordinary salary and wages received or receivable by any Canadian Participant in respect of his or her services to the Corporation or a Subsidiary, as applicable.

More Definitions of Canadian Participant

Canadian Participant means a participant in the Plan who is resident in, or is primarily employed in, Canada.

Canadian Participant has the meaning set forth in Section 2.01(b)(ii).

Canadian Participant means a Participant who is resident in Canada for the purposes of the Tax Act and/or who is subject to taxation under the Tax Act in respect of any Award awarded or granted under the Plan.

Canadian Participant means a Participant who is employed in or resides in any of the provinces or territories of Canada;

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

Canadian Participant means a Grantee who is subject to Canadian federal personal income tax.

Canadian Participant means any Participant who is an Employee and who is a resident of Canada or is granted an Award in respect of services rendered in Canada.