Participating Corporation definition
Examples of Participating Corporation in a sentence
If you transfer to a different country but remain employed by a Participating Corporation, then subject to reenrolment (if required) you will remain in the ESPP.
In this regard, at the time the award is settled, in whole or in part, or at any time thereafter as requested by the Corporation or any other Participating Corporation, the Participant hereby authorizes withholding of all applicable Tax Obligations from payroll and any other amounts payable to the Participant, and otherwise agrees to make adequate provision for withholding of all applicable Tax Obligations, if any, by each Participating Corporation which arise in connection with the award.
Participation in this Plan shall be limited to those key executive employees of the Company or its affiliates nominated prior to June 20, 1986, by the Company's Board or the Board of Directors of a Participating Corporation.
The Participant shall pay or make adequate arrangements satisfactory to the Corporation to satisfy all Tax Obligations of the Corporation and any other Participating Corporation at the time such Tax Obligations arise.
Any Nominee who reaches age 65 or who has a total of 15 years of service with the Company (counting no single annual period of service more than once) and who is at such time a Nominee of more than one Participating Corporation, shall be eligible for Retirement Benefits as herein provided from all Participating Corporations having nominated such employee.