Disabled Grantee definition

Disabled Grantee means a Grantee who is disabled within the meaning of Section 422(c)(6) of the Code.
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Examples of Disabled Grantee in a sentence

  • A Disabled Grantee may elect to accelerate the distribution date of the Disabled Grantee’s Shares issuable with respect to Restricted Stock or Restricted Stock Units from the date payment would otherwise be made to a date that is as soon as practicable following the date the Disabled Grantee became disabled.

  • If Grantee becomes a Disabled Grantee before the Shares subject to an Initial Election under Paragraph 4.a are to be delivered, Grantee may, as soon as practicable following the date on which Grantee becomes a Disabled Grantee, elect to accelerate the distribution date of such Shares from the date payment would otherwise be made to a date that is as soon as practicable following the date the Disabled Grantee became disabled.

  • Whether termination of employment or other service is a termination “for cause” or whether a Grantee is a Disabled Grantee shall be determined in each case, in its discretion, by the Committee and any such determination by the Committee shall be final and binding.

  • If Grantee becomes a Disabled Grantee before the Shares subject to an Initial Election under Paragraph 5(a) are to be delivered, Grantee may, as soon as practicable following the date on which Grantee becomes a Disabled Grantee, elect to accelerate the distribution date of such Shares from the date payment would otherwise be made to a date that is as soon as practicable following the date the Disabled Grantee became disabled.

  • Notwithstanding Paragraph 3(a) to the contrary, if Grantee terminates employment with the Company or a Subsidiary Company during the Restricted Period due to his death or due to Grantee becoming a Disabled Grantee within the meaning of Paragraph 1(h)(1), the Vesting Date for the Restricted Stock Units shall be accelerated so that a Vesting Date will be deemed to occur with respect to the Restricted Stock Units on the date of such termination of employment.

  • A Disabled Grantee may elect to accelerate the distribution date of the Disabled Grantee's Restricted Stock from the date payment would otherwise be made to January 2nd of the calendar year beginning after the Grantee became disabled.

  • The first was based on point designs at the time of each technical baseline, with any capacity deviation completed by scaling the tank mass linearly with propellant capacity mass.

  • A number of studies (Retta, 2016; Tadesse, 2014; DiLorenzo, 2011; Choi et al., 2012; Khampa et al., 2007) have been performed with the aim to increase ruminant performance by manipulating the rumen ecology, increasing digestibility and nutrient metabolism.

  • It is well-settled, however, that the fair-traceability requirement is satisfied if an injury is “produced by determinative or coercive effect upon the action of someone else.” Bennett v.

  • Notwithstanding Paragraphs 4(a) or (b) to the contrary, if Grantee terminates employment with the Company or a Subsidiary Company during the Restricted Period due to his death or due to Grantee becoming a Disabled Grantee within the meaning of Paragraph 1(h)(1), the Vesting Date for the Shares of Restricted Stock shall be accelerated so that a Vesting Date will be deemed to occur with respect to the Shares of Restricted Stock on the date of such termination of employment.

Related to Disabled Grantee

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Eligible employer means any municipality with a municipal

  • Covered employment means employment in a covered position.

  • Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).

  • Qualified employee means an individual who:

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • disabled person means an individual receiving monetary

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.