Reorganized Equity Plan Election definition

Reorganized Equity Plan Election means the election by Plan Sponsor required to be made on or prior to the Reorganized Equity Plan Election Date, to proceed with the Reorganization Transaction.
Sample 1Sample 2Sample 3

Examples of Reorganized Equity Plan Election in a sentence

  • If the Reorganized Equity Plan Election is made, on the Effective Date, Wind Down Co shall be formed.

  • Each of the Wind Down Estates (but, if the Reorganized Equity Plan Election is made, excluding the Reorganized Debtors) shall indemnify and hold harmless the Plan Administrator solely in its capacity as such for any losses incurred in such capacity, except to the extent such losses were the result of the Plan Administrator’s gross negligence, willful misconduct, or criminal conduct.

  • If Plan Sponsor does not deliver a Reorganized Equity Plan Election Notice by the Reorganized Equity Plan Election Date, the Reorganization Transaction shall not be pursued.

  • If the Reorganized Equity Plan Election is made, the Debtors shall implement the Reorganization Transaction as set forth herein.

  • If the Reorganized Equity Plan Election is made, and in the event that Wind Down Co is formed as a trust, it will be structured and intended to qualify as a “liquidating trust” within the meaning of Treasury Regulation section 301.7701-4(d), and in compliance with Revenue Procedure 94-45, 1994-2 C.B. 684 and, thus, as a “grantor trust” within the meaning of sections 671 through 679 of the Tax Code to the Holders of Allowed Claims receiving interests in Wind Down Co, consistent with the terms of the Plan.

  • Strengthening Participatory Federalism and Decentralization (SPFD) is a multi-year, multi-tier and multi-stakeholder project launched by UNDP, Pakistan against the backdrop of the 18th Constitutional Amendment (2010).

  • The Debtors have been advised that the Plan Sponsor has elected to make the Reorganized Equity Plan Election and consummate the Reorganization Transaction in accordance with Section 5.5 of the Plan.

Related to Reorganized Equity Plan Election

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Company Equity Plan means the (a) Company’s Amended and Restated 2017 Equity Incentive Plan and (b) each other plan that provides for the award to any current or former director, manager, officer, employee, individual independent contractor or other service provider of any Group Company of rights of any kind to receive Equity Securities of any Group Company or benefits measured in whole or in part by reference to Equity Securities of any Group Company.

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes contained in Annex 2 of the WTO Agreement;

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Deferred Issuance and Distribution has the meaning assigned to such term in the Partnership Agreement.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Common Stock Fundamental Change means any Fundamental Change in which more than 50% of the value (as determined in good faith by the Board of Directors of the Company) of the consideration received by holders of Common Stock consists of common stock that, for the 10 Trading Days immediately prior to such Fundamental Change, has been admitted for listing or admitted for listing subject to notice of issuance on a national securities exchange or quoted on Nasdaq National Market, provided, however, that a Fundamental Change shall not be a Common Stock Fundamental Change unless either (i) the Company continues to exist after the occurrence of such Fundamental Change and the outstanding Preferred Stock continues to exist as outstanding Preferred Stock, or (ii) not later than the occurrence of such Fundamental Change, the outstanding Preferred Stock is converted into or exchanged for shares of convertible preferred stock, which convertible preferred stock has powers, preferences and relative, participating optional or other rights, and qualifications, limitations and restrictions substantially similar (but no less favorable) to those of the Preferred Stock.