Designated Non-423 Corporation definition

Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board to participate in the Non-423 Component.
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Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board as participating in the Non-423 Component.
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Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board as participating in the Non-423 Component. “Director” means a member of the Board.
Sample 1

Examples of Designated Non-423 Corporation in a sentence

  • A Participant who transfers employment from a Designated Non-423 Corporation participating in the Non-423 Component to the Company or any Designated 423 Corporation participating in the 423 Component will remain a Participant in the Non-423 Component until the earlier of (i) the end of the current Offering Period under the Non-423 Component, or (ii) the Offering Date of the first Offering in which he or she participates following such transfer.

Related to Designated Non-423 Corporation

  • Designated 423 Corporation means any Related Corporation selected by the Board to participate in the 423 Component.

  • Non-423 Component means the part of the Plan, which excludes the 423 Component, pursuant to which Purchase Rights that are not intended to satisfy the requirements for an Employee Stock Purchase Plan may be granted to Eligible Employees.

  • 423 Component means the part of the Plan, which excludes the Non-423 Component, pursuant to which Purchase Rights that satisfy the requirements for an Employee Stock Purchase Plan may be granted to Eligible Employees.

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following: