Employee Pool definition

Employee Pool has the meaning set forth in the LLC Agreement.
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Employee Pool means (i) the lesser of (a) 3,000,000 shares of Common Stock (as adjusted for any stock dividend, stock split, combination or other similar recapitalization with respect to Common Stock occurring after September 30, 2010) or (b) the total number of shares to be sold on account of selling stockholders in the Initial IPO (without giving effect to the exercise of any overallotment option by the underwriters) plus (ii) if the underwriters exercise an overallotment option with respect to the Initial IPO, an additional number of shares of Common Stock equal to the lesser of (a)(1) 450,000 shares of Common Stock (as adjusted for any stock dividend, stock split, combination or other similar recapitalization with respect to Common Stock occurring after September 30, 2010) plus (2) the Employee Pool Shortfall Amount or (b) the total number of shares subject to the overallotment option that are to be sold on account of selling stockholders in the Initial IPO.
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Employee Pool means [●].1
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Examples of Employee Pool in a sentence

  • In consideration of the Echo Contribution, the Company shall, at the Closing, (A) issue Units to Echo representing a Membership Percentage equal to 30.0% (before taking into account the Employee Pool), subject to adjustment as set forth herein, and Echo shall accept such Units, and (B) admit Echo as a Member, with the rights, powers, obligations and duties set forth in the LLC Agreement (the “Echo Membership Consideration”).

  • This Agreement, the LLC Agreement and the Plan constitute the entire understanding between you and Employee Pool regarding this Award.

  • Neither the Partnership nor Employee Pool will have any obligation to register under the Securities Act any LTIP Units or Plan Class A Units or any other securities issued upon conversion of the LTIP Units.

  • By accepting this Award, you give explicit consent to the Partnership, the General Partner and Employee Pool to process any such personal data.

  • You shall immediately notify the Partnership and Employee Pool upon discovering that any of the representations or warranties set forth on Exhibit C was false when made or has, as a result of changes in circumstances, become false.

  • To the extent that the Board and/or Employee Pool determines that you would be subject to the additional 20% tax imposed on certain non-qualified deferred compensation plans pursuant to Section 409A as a result of any provision of this Agreement, such provision shall be deemed amended to the minimum extent necessary to avoid application of such additional tax.

  • Employee Pool may assign or delegate its right to repurchase hereunder to any Person.

  • If Employee Pool exercises its right to purchase such interests, the purchase price will be the Fair Market Value (as defined in the Plan) of such LTIP Units and/or Plan Class A Units on the date of such purchase.

  • Rights of Repurchase Following termination of your Service for any reason, Employee Pool will have the right to purchase any vested LTIP Units and Plan Class A Units you have acquired or will acquire under this Award.

  • CRS Report RL30648, An Examination of the Issues Surrounding Biotechnology Patenting and Its Effect on Entrepreneurial Companies, by John R.


More Definitions of Employee Pool

Employee Pool means QualityTech Employee Pool LLC, a Delaware limited liability company formed for purposes of implementing the Plan with respect to Profits Interests.
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Employee Pool. Has the meaning set out in section 10.1
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Related to Employee Pool

  • Employee Program means (A) all employee benefit plans within the meaning of ERISA Section 3(3), including, but not limited to, multiple employer welfare arrangements (within the meaning of ERISA Section 3(40)), plans to which more than one unaffiliated employer contributes and employee benefit plans (such as foreign or excess benefit plans) which are not subject to ERISA; and (B) all stock option plans, bonus or incentive award plans, severance pay policies or agreements, deferred compensation agreements, supplemental income arrangements, vacation plans, and all other employee benefit plans, agreements, and arrangements not described in (A) above. In the case of an Employee Program funded through an organization described in Code Section 501(c)(9), each reference to such Employee Program shall include a reference to such organization;

  • Employee Pension Plan means any Employee Plan for the provision of retirement income to employees or which results in the deferral of income by employees extending to the termination of covered employment or beyond as defined in Section 3(2) of ERISA.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Employee Plan means an employee benefit plan within the meaning of Section 3(3) of ERISA (other than a Multiemployer Plan), regardless of whether subject to ERISA, that any Loan Party or any of its ERISA Affiliates maintains, sponsors or contributes to or is obligated to contribute to.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, 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 or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Multi-employer Plan means a multi-employer plan, as defined in Section 4001(a)(3) of ERISA to which the Borrower or any Subsidiary of the Borrower or any ERISA Affiliate is making or accruing an obligation to make contributions or has within any of the preceding five plan years made or accrued an obligation to make contributions.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Company Plan means any Benefit Plan: (i) under which any current or former director, officer, employee, consultant or independent contractor of the Company has any present or future right to benefits and that is maintained, sponsored or contributed to by the Company; or (ii) with respect to which the Company has any Liability.

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

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • ERISA Plan means an employee benefit plan maintained for employees of any Person or any ERISA Affiliate of such Person subject to Title IV of ERISA (other than a Multiemployer Plan).

  • Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

  • Company Plans shall have the meaning set forth in Section 3.14(a).

  • ERISA Plans shall have the meaning set forth in Section 3.13(a).

  • 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;

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Multiemployer Plans means “multiemployer plans” as defined by Section 3(37) of ERISA.

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.