Rollover Participant definition
Rollover Participant means an individual with an Account in the Plan transferred from a Rollover Plan in accordance with the provisions of Article IX. The term Rollover Participant may also refer to an individual who has previously been a Participant in the Plan, or an existing Participant at the time of transfer.
Rollover Participant has the meaning set forth in Section 1.3.
Rollover Participant means an Employee who has made a Rollover Contribution into the Plan but who is not eligible to participate in any other component of the Plan.
Examples of Rollover Participant in a sentence
Each Rollover Participant may continue his or her investment in the Company by continuing to hold Rollover Units held by such Rollover Participant immediately prior to the Rollover Date pursuant to the terms of the Securities Purchase Agreement (the “Equity Rollover”).
The opportunity to participate in the Equity Rollover shall be made available to each Rollover Participant as provided in Section 6.5.
More Definitions of Rollover Participant
Rollover Participant means an Employee not otherwise eligible to be a Participant who has made a rollover contribution pursuant to Section 4.9.
Rollover Participant means each Key Employee and each other Person who enters into a joinder to the Contribution Agreement prior to the Closing pursuant to Section 5.05(a) (as specified on the Rollover Participant Schedule).
Rollover Participant means an individual with a Deferral Account in the Plan transferred from a Rollover Plan in accordance with the provisions of Section 18. The term Rollover Participant may also refer to an individual who has previously been a Participant in the Plan, or an existing Participant at the time of transfer.
Rollover Participant means a Person (other than ▇▇▇▇ ▇▇▇▇▇▇▇▇▇) who participates in the Equity Rollover. 2.50 “Rollover Unit” has the meaning set forth in the Securities Purchase Agreement. 2.51 “Section 409A” means Section 409A of the Code and the applicable regulations and other legal authority promulgated thereunder. 2.52 “Securities Purchase Agreement” means the Securities Purchase Agreement by and among the Company, Parent, Serve U Brands, Inc., the Sellers party thereto and Shareholder Representative Services LLC, dated as of July 20, 2018. 2.53 “Service” means the provision of services in the capacity of an Employee or as a Director. A transfer of Service from Serve U Brands, Inc. or the Company to an Affiliate or from an Affiliate to the Company or another Affiliate (including Serve U Brands, Inc. for so long as it meets the requirements to be an Affiliate) shall not constitute a termination of Service under the Plan or any Matching Award Agreement. All determinations regarding Service, including whether any leave of absence is a termination of Service, shall be made by the Committee. For the avoidance of doubt, a Person who was an Employee, but upon his or her termination of employment with the Company or an Affiliate, becomes or continues to serve as a member of the Board or the board of directors of an Affiliate shall not be deemed to have had an
Rollover Participant means an individual whose interest in a Rollover Plan has been assumed by the Plan pursuant to Section 3.13.”
Rollover Participant is defined in Section 2.6.
Rollover Participant means a Person (other than ▇▇▇▇ ▇▇▇▇▇▇▇▇▇) who participates in the Equity Rollover.