Canadian Participants definition

Canadian Participants means Participants who are resident in Canada for purposes of the Income Tax Act (Canada).
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Canadian Participants means those persons who are residents of Canada for purposes of the Income Tax Act (Canada) and who are either (i) identified on Schedule A hereto as currently being participants in the Canadian Plan, or (ii) awarded Phantom Class B Shares (and/or earnings and/or proceeds thereof) in respect of forfeited Class B Shares in accordance with the approval procedures set forth in Section 3.8(g).
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Canadian Participants means Participants who are residents for purposes of the Income Tax Act (Canada), or otherwise performing services in Canada for which the compensation under the Plan is not exempt from taxation under the Income Tax Act (Canada);
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Examples of Canadian Participants in a sentence

  • Canadian Participants may contact them to request access to their Data and/or to rectify any such Data, subject to certain required or permitted exceptions under Applicable Law.

  • Upon receipt of such notice, Agent shall promptly give notice of the contents thereof to the Canadian Participants at their respective Facility Offices and, unless an Event of Default described in subsection 9.1.8 shall have occurred, to each Borrower.

  • Canadian Participants (or the Canadian Participant’s estate, as the case may be) shall be solely liable for all federal and provincial income tax, Canada Pension Plan contributions, Employment Insurance premiums and any other applicable taxes that are chargeable on any assessable income deriving from the grant, vesting, issuance, exchange, disposition, forfeiture, sale or other dealing in any securities granted pursuant to the Agreement.

  • For Canadian Participants, Section 10(b) of the Plan and Section 4 of the Agreement shall be limited such that, except as permitted under securities legislation in compliance with exemptions from the prospectus requirements of Canadian securities law, the Canadian Participant must not trade or otherwise dispose of the securities granted to the Canadian Participant pursuant to the Agreement.

  • References to specific applicable laws of the United States, Australia or any other country (including any political subdivision thereof) in the Plan and Agreement may be interpreted and applied by the Committee in respect of the Canadian Participants to mean substantially similar applicable laws of Canada (or any political subdivision thereof).

  • For Canadian Participants, Section 3(b), Section 5(c)(iv) and the definition of “Restricted Stock Unit” in the Plan shall be limited so that RSU Awards shall not be settled in cash or other consideration, except where such cash or other consideration settlement is at the discretion of the Canadian Participant.

  • For Canadian Participants, Section 4(d) shall be limited so that Common Stock delivered by the Company in settlement of RSU Awards is issued by the Company from (i) authorized and unissued shares, or (ii) shares held in treasury by the Company.

  • For Canadian Participants, Section 10(c) of the Plan and Section 8 of the Agreement shall be limited so that the Canadian Participant may, at the Canadian Participant’s discretion, satisfy any tax withholding obligations by paying such amounts, in cash, to the Company, in which case the Canadian Participant shall be entitled to receive the full number of shares underlying the Award to which he or she is entitled.

  • The Options are intended to be treated as non-qualified stock options and not incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”) or, for Canadian Participants, pursuant to the special provisions set forth in Schedule A of the Plan.

  • Notwithstanding anything to the contrary in the Plan or this Agreement, RSUs granted to Canadian Participants shall only be settled in treasury Shares and shall not be settled in cash.