Discretionary Transaction definition

Discretionary Transaction means a transaction pursuant to any employee benefit plan of the Company that:

Discretionary Transaction means a transaction pursuant to an employee benefit plan that:

Discretionary Transaction means a transaction pursuant to this Plan or any other employee benefit plan maintained by the Company or any affiliated of the Company that: (a) is effected at the volition of a Corporate Insider; (b) results, directly or indirectly, in the acquisition or disposition of beneficial ownership of Shares by the Corporate Insider; (c) is not made in connection with the death, disability, retirement or termination of employment of the Corporate Insider; (d) is not required to be made available to the Corporate Insider pursuant to any provision of the Code applicable to the plan; and (e) results in either an intra-plan transfer involving Shares or investment fund which invests in Shares or a cash distribution funded by a volitional disposition of Shares or a beneficial interest in Shares.

Examples of Discretionary Transaction in a sentence

• Anything to the contrary herein notwithstanding, an Eligible Employee may not reallocate Account balances between Investment Funds if such reallocation would result in a non-exempt Discretionary Transaction as defined in Rule 16b-3 of the Securities Exchange Act of 1934, as amended, or any successor to Rule 16b-3, as in effect when the reallocation is requested.

• Any trans- action (other than a Discretionary Transaction) pursuant to a Qualified Plan, an Excess Benefit Plan, or a Stock Purchase Plan shall be exempt without condition.

• Anything to the contrary herein notwithstanding, a Director may not reallocate Account balances between Investment Funds if such reallocation would result in a non-exempt Discretionary Transaction as defined in Rule 16b-3 of the Securities Exchange Act of 1934, as amended, or any successor to Rule 16b-3, as in effect when the reallocation is requested.

• Unless earlier revoked by the Participant, any such election shall be deemed to have been made and received by the Plan on the first business day that is 6 months and 1 day after the date such Participant elected to make the earlier “opposite way” Discretionary Transaction under this Plan or under any other “tax conditioned plan” maintained by Intel.

• A Section 16 Insider may only receive a withdrawal from his or her Stock Account pursuant to this Section 10 if he or she has made no election within the previous six months to effect a fund-switching transfer into the Stock Account or the Eastman Stock Fund of the Eastman Investment Plan or any other "opposite way" intra-plan transfer into a Company equity securities fund which constitutes a "Discretionary Transaction" as defined in Rule 16b-3 under the Exchange Act.

More Definitions of Discretionary Transaction

Discretionary Transaction means a transaction pursuant to any benefit plan that: (i) is at the volition of a plan participant; (ii) is not made in connection with the participant’s death, disability, retirement or termination of employment; (iii) is not required to be made available to a plan participant pursuant to a provision of the Internal Revenue Code; and (iv) results in either an intra-plan transfer involving an equity securities fund of the Corporation, or a cash distribution funded by a volitional disposition of an equity security of the Corporation, or otherwise as such term is defined under Rule 16b-3(b)(1) of the Exchange Act or successor provision thereto.

Discretionary Transaction means a transaction pursuant to any benefit plan that:

Discretionary Transaction means a transaction to which a licensed person executes or proposes to execute in the exercise of discretion;

Discretionary Transaction means either a cash disposition or an intra plan transfer that (i) is not made in connection with the Officer's death, disability, retirement or separation from service with the Company or (ii) is not made pursuant to Section 12.4 or pursuant to an election that is made available under Section 26.3 or that is required to be made available under another provision of the Code.

Discretionary Transaction means a trans- action pursuant to an employee benefit plan ...

Discretionary Transaction means a transaction pursuant to this Plan or any other employee benefit plan maintained by the Bank or any affiliate of the Bank that: (a) is effected 10

Discretionary Transaction means either a cash disposition or an intra plan transfer that (i) is not made in connection with the