Company Control Group definition

Company Control Group means all, or any combination of, any one or more of the individuals comprising Current Management and who, as of the date of any determination hereof: (a) is employed on a full-time basis by the Company as a director or officer of the Company, and (b) has been so employed for at least three years preceding such date of determination, except Xxxx Xxxxxx who shall in any event be deemed to be a member of the Company Control Group for so long as he is employed on a full-time basis by the Company as a director or officer.
Company Control Group means all, or any combination of, any one or more of the individuals comprising Current Management and who, as of the date of any determination hereof: (a) is employed on a full-time basis by the Company as a director or officer of the Company, and (b) has been so employed for at least three years preceding such date of determination, except Gary Wright who shall in any event be deemed to be a member of the
Company Control Group means Company, its Affiliates (including its ultimate parent, Xxxx Corporation), and Co- Venturers, together with its and their employees, shareholders, directors, officers, consultants, and contractors (but excluding Contractor Control Group).

Examples of Company Control Group in a sentence

  • Neither Purchaser nor any members of the Company Control Group will have any indemnification obligations hereunder, due to the existence of any liability which was taken into account in the determination of Final Closing Adjusted Working Capital and fully included in the final adjustment thereof pursuant to Section 2.5.

  • The Executive agrees, without limiting any other rights of the Company, that the rights provided under Section 7 to the Released Parties are not contingent upon the performance of this Agreement by any member of the Company Control Group.

  • This section is not intended to prevent any member of the Company Control Group from making honest and accurate statements in the course of completing their duties on behalf of Company.

  • The headings of Sections in this Agreement are provided for convenience only and will not affect its construction or interpretation; and (j) with respect to those Sections of this Agreement by which Xx. Xxxx and Xx. Xxxxxxx are bound, the term “Sellers” shall, unless the context otherwise requires, be deemed to include all members of the Company Control Group.

  • The existing rights of the Executive with regard to indemnification, advancement of expenses and exculpation from liability of the Executive from entities other than the Company Control Group are unaffected by this Agreement.

  • The Unvested Shares shall immediately be forfeited to the Company if, prior to the Vesting Date, the Recipient’s employment with the Company Control Group terminates for any reason, other than as described in section 2(c)(ii) below.

  • Facsimile Number: (000) 000-0000 If to Company: Control Group Ltd.

  • Purchaser may, but is not obligated to, send a Claim Notice to Company and the Member Representative between the date hereof and the Closing that Purchaser has reason to believe that a Breach has occurred with respect to one or more of the representations, warranties or covenants of the Company Control Group, or any member thereof, under this Agreement.

  • For a period of six years following the Separation Date, each member of the Company Control Group shall include the Executive as a named insured in any director or officer liability insurance on terms provided to then current directors and executive officers of such entity generally if this may be done at no additional cost.

  • The Executive and the Company Control Group will not make any statements to a third party (including instigating or participating in the making of any such statements) that would libel, slander or disparage (whether or not the disparagement legally constitutes libel or slander) the Released Parties or any of their respective products and services or the Executive or his reputation, respectively.


More Definitions of Company Control Group

Company Control Group means the Company’s current Chairman of the Board and its Executive Vice President and President, Direct Marketing and Executive Vice President and President, Shoppers.
Company Control Group means (a) TransCanada PipeLines Ltd. and any wholly-owned direct or indirect Subsidiaries of TransCanada PipeLines Ltd.,
Company Control Group collectively, the Sellers, Xx. Xxxx and Xx. Xxxxxxx.
Company Control Group means and include (i) D.X. Xxxxxxx, X.X. Xxxxxx, G.X. Xxxxxx, D.X. Xxxx, C.X.
Company Control Group means (a) TransCanada PipeLines Ltd. and any wholly-owned direct or indirect Subsidiaries of TransCanada PipeLines Ltd., (b) Sierra Pacific Resources and any wholly-owned direct or indirect Subsidiaries of Sierra Pacific Resources, and (c) any combination of any of the foregoing Persons.
Company Control Group in Section 8.1 of the Note Agreements is hereby amended in its entirety to read as follows:

Related to Company Control Group

  • Control Group means the Company and its Affiliates.

  • Company Control Person means each director, executive officer, promoter, and such other Persons as may be deemed in control of the Company pursuant to Rule 405 under the 1933 Act or Section 20 of the 1934 Act (as defined below).

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Defined Benefit Plan Fraction means a fraction, the numerator of which is the projected annual benefit (determined as of the close of the relevant Plan Year) of the Participant under all Defined Benefit Plans maintained by one or more Related Companies, and the denominator of which is the lesser of (a) the product of 1.25 multiplied by the dollar limitation in effect under Section 415(b)(1)(A) of the Code for the Plan Year, or (b) the product of 1.4 multiplied by the amount which may be taken into account under Section 415(b)(1)(B) of the Code with respect to the Participant for the Plan Year.

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Change in Control of the Company means the occurrence of any of the following events:

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Benefit Plan Entity shall have the meaning assigned to such term in Section 3.9.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Public employees retirement system means the retirement plan and program

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Parent Employee means any current or former director, officer, manager or employee of Parent or any Parent Subsidiary.