Permitted Nominee definition

Permitted Nominee means a person or entity permitted by the Board, pursuant to clause 7.2 of the Plan, to accept an offer of Options made to an Eligible Person in place of the Eligible Person;

Permitted Nominee means a person or entity permitted by the Board to accept the offer of Director Options made to Dr Newman in place of Dr Newman;

Permitted Nominee means, in respect of an Eligible Participant:

Examples of Permitted Nominee in a sentence

• If Options are issued to a Permitted Nominee of an Eligible Person, the Eligible Person must, without limiting any provision in these Rules, ensure that the Permitted Nominee complies with these Rules.

• Terms of Reference (ToR) and requirements on environmental audit are summarized in Section 7.2.

• If Options are issued to a Permitted Nominee of an Eligible Person, the Eligible Person must, without limiting any provision in these Terms, ensure that the Permitted Nominee complies with these Terms.

• If an Eligible Participant ceases to Control their Permitted Nominee at any time, the Board may determine that any Options granted to the Permitted Nominee be transferred to the Eligible Participant.

• If an Eligible Person who holds Options or Performance Rights ceases to be an Eligible Person at any time after an Option has become exercisable or a Performance Right vests, if the Eligible Person ceases to be an Eligible Person due to retirement, disability, redundancy or death, such Eligible Person, or if appropriate, his or her Permitted Nominee may exercise any such Options or Performance Rights (to the extent that they are not already automatically exercised) at any time prior to the Expiry Date.

More Definitions of Permitted Nominee

Permitted Nominee means a nominee of an Employee in whose favour the Board, at its sole discretion, has resolved to grant Plan Options.

Permitted Nominee means a wholly-owned subsidiary of the Lender which is resident for tax purposes in the same jurisdiction as the Lender.

Permitted Nominee means, in respect of an ESS Participant:

Permitted Nominee means a subsidiary or a subsidiary undertaking of the Buyer which is, directly or indirectly, wholly owned by the Buyer

Permitted Nominee means, with respect to AESOP Leasing, AESOP Leasing II or CCRG, the nominee titleholder(s) for such Person appointed pursuant to the Vehicle Title and Lienholder Nominee Agreements to which it is a party.

Permitted Nominee is defined in Section 5.1(b).

Permitted Nominee means any “Affiliate” of a Party who has been permitted by that Party to acquire Shares in JVC.