Examples of Participant Representative in a sentence
Except as provided in the Plan or the Stock Option Agreement, no Participant, Representative, or any other person or entity may Transfer an Option in any way (whether by operation of law or otherwise), other than by will or the laws of descent and distribution.
No Participant Representative, officer of Proffitt's or Corporation or member of either Board shall be responsible or liable for any mistake or error of judgment in connection with their responsibilities, obligations or duties with respect to this Plan.
Proffitt's shall indemnify each Participant Representative, officer of Proffitt's or the Corporation and member of either Board to the full extent of any liabilities, expenses, penalties, damages or other pecuniary loss, including attorney's fees, which he may suffer as a result of his responsibilities, obligations or duties in connection with this Plan.
At the request of a Participant Representative, the Corporation will amend a Schedule to reflect any item described in clauses (i) through (vi) of Section 2.08(b) that could reasonably be expected to result in a material increase in a Tax Benefit Payment previously made.
To avoid unfair advantages, an Authorized Participant Representative cannot create or redeem shares directly with the Fund for its own account.