Examples of Knowledgeable Employee in a sentence
The Committee may prevent a Participant from directing an investment to an Investment Fund in order to comply with applicable securities laws if the Participant is not a Qualified Purchaser, Knowledgeable Employee or otherwise permitted to direct an investment to an Investment Fund under the Plan.
If, with respect to any Plan Year, a Participant changes status from a Knowledgeable Employee to a Non-Specified Employee, or vice versa, such change in status shall have no effect on the rules applicable to his Mandatory Investment Sub-Account or Discretionary Investment Sub-Account for any prior or subsequent Plan Year.
Except as set forth in Schedule 3.23 of the JJMA Disclosure Schedules, no JJMA Knowledgeable Employee or any Related Person of any JJMA Knowledgeable Employee, presently has or within the past three (3) years has had, any interest in any Assets, used in or pertaining to JJMA’s businesses, been a party to any transaction with JJMA including any Contract, arrangement or other commitment.
Shares issued pursuant to the exercise of your exchange right under the Exchange Terms may only be issued if you are a “Qualified Purchaser” as defined in Section 2(a)(51) of the Investment Company Act (a “ Qualified Purchaser”) or a Knowledgeable Employee at the time of issuance; provided that, in the case of the exchange upon your death, the automatic exchange will be deemed to be made by you at the time you were an employee of the Partnership or any subsidiary thereof.
No JJMA Knowledgeable Employee nor any Related Person of any JJMA Knowledgeable Employee, owns, or within the past three (3) years has owned, (of record or as a beneficial owner) an equity interest or any other financial or profit interest in, a Person that has had material business dealings or a material financial interest in any transaction with JJMA.