Section 102 Trustee definition

Section 102 Trustee means a trustee appointed by the Company in accordance with the provisions of Section 102 for the purpose of awards granted under the Company Stock Plan.

Section 102 Trustee means ESOP Management and Trust Services Ltd., appointed to serve as trustee pursuant to Section 102 and approved by the ITA.

Section 102 Trustee means a trustee appointed by the Company in accordance with the provisions of Section 102 of the Israeli Tax Ordinance for the purpose of awards granted under the Company Share Plans.

Examples of Section 102 Trustee in a sentence

• With respect to all Receivables repurchased by Servicer pursuant to Section 2.4 or Section 10.2, or purchased by Servicer pursuant to Section 3.7 or Section 10.2, Trustee shall assign, without recourse, representation or warranty, to Servicer, all of Trustee's right, title and interest in and to such Receivables, and all security and documents and all other Trust Property conveyed pursuant to Section 2.1 with respect to such Receivables.

• The Section 102(b) Route Election shall obligate the Company to grant only the type of Section 102 Trustee Option it has elected, and shall apply to all Optionees who were granted Section 102 Trustee Options during the period indicated herein, to the extent required under and in accordance with the provisions of Section 102(g) of the Tax Ordinance and the applicable regulations.

• I authorize Applied Materials, Inc., to provide a copy of this Letter of Authorization to UBS and the Section 102 Trustee.

• The Company may grant Section 102 Trustee Options after the passage of thirty (30) days’ following the delivery, to the appropriate Israeli Income Tax Authorities, of a request for approval of the Plan and the Addendum as well as the Trustee according to Section 102.

• Notwithstanding the above, if within ninety (90) days’ following the delivery of such request, the tax officer notifies the Company of its decision not to approve the Plan and/or the Addendum, the Options, which were intended to be granted as Section 102 Trustee Options, shall be deemed to be Section 102 Non-Trustee Options, unless otherwise was approved by the tax officer.

More Definitions of Section 102 Trustee

Section 102 Trustee means ESOP Management and Trust Services Ltd., which serves as the trustee of the Option Plan and the awards granted thereunder pursuant to Section 102(b)(2) of the Israeli Tax Ordinance.

Section 102 Trustee means IBI Trust Management, appointed by the Company to serve as trustee pursuant to Section 102 of the Ordinance and approved by the Israeli Tax Authority.

Section 102 Trustee means the trustee appointed by the Company to hold Section 102 Shares and Section 102 Options pursuant to Section 102.

Section 102 Trustee means ESOP Trust Company Ltd. or any duly authorized successor thereto, as the trustee holding shares or options to purchase shares of Conduit in trust appointed by Conduit in accordance with the provisions of Section 102 of the Tax Ordinance.

Section 102 Trustee means Xxxx Xxxxxxx, CPA of Yardeni Xxxxxxx & Co. CPA, in its capacity as trustee under the Company Stock Option Plans for purposes of Section 102 of the Israeli Income Tax Ordinance, or any successor trustee under such plans.

Section 102 Trustee means a trustee appointed by the Company (which is currently ESOP Management and Trust Services Ltd., a private company organized under the laws of the State of Israel), or any duly authorized successor thereto.

Section 102 Trustee means a trustee appointed by the Company in accordance with the provisions of Section 102 of the ITO and the rules and regulations promulgated in connection therewith, as amended.