Plan Shareholder definition
Examples of Plan Shareholder in a sentence
Also, as an express condition to the exercise of any option, Optionee shall first execute the Shareholder Agreement dated April 1, 1996 by and between the Company and its various shareholders, and agree to be bound as a "Plan Shareholder" by the provisions therein.
The corporate planning cycle of Vaal Central Water is based on a 5-year rolling plan that incorporates the Business Plan, Shareholder Compact, the Capital Infrastructure Investment Plan and the Budget.
Nothing herein shall however invalidate the vote of the Authorized Legal Representative made on behalf of any other Plan Shareholder.
Except for (i) Shares and (ii) options to purchase VABK Common Stock issued under a VABK Stock Plan, Shareholder is not the beneficial or registered owner of any other shares of VABK Common Stock or rights to acquire shares of VABK Common Stock and for which Shareholder has the sole right and power to vote and/or dispose.
During the Term, Executive shall be entitled to paid vacation, paid holidays and sick leave in accordance with the Company's standard policies for its senior executive officers, which policies shall provide Executive with benefits no less favorable than those provided to any other senior executive officer of the Company; it being understood that holidays and sick leave provided by the Company shall be no less favorable in the aggregate than those provided by the Hershey Pasta Group.
Where a Plan Shareholder votes his or her Plan Shares at such a meeting in respect of any particular resolution proposed at such meeting, a vote of such Plan Shares on the same resolution by the Authorized Legal Representative holding such Shares on the Plan Shareholder’ s behalf shall be invalid and shall not be counted, even where the Authorized Legal Representative was voting at the direction of that Plan Shareholder.
Assume responsibility for Certificate of Incorporation, Company Bylaws, Equity Incentive Plan, Shareholder Agreements, and all other legal corporate formation requirements previously undertaken by outside counsel.
Any person who is acting as an attorney-in-fact under a Power of Attorney hereunder shall be required to be a Shareholder himself or herself (such persons, the “Incentive Plan Shareholder Representatives”).
The Company shall not give effect to any Transfers of its Shares by any Incentive Plan Shareholder made in violation of this Section 7.2 as provided in Section 7.1.
As soon as practicable after Acquiror has established the Qualified Plan, Shareholder shall direct the trustee of the Shareholder's Retirement Savings Plan to transfer to the trustee or funding agent of the Acquiror's Qualified Plan an amount, in cash, equal to the value of the account balances of the Affected Employees, together with the liabilities associated with such assets, including any outstanding loans under the Retirement Savings Plan.