Section 16 Participants definition

Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.
Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act. (bb) “Share” means a share of Stock.
Section 16 Participants means nonemployee directors and officers of the Company who are subject to Section 16 of the Exchange Act.

Examples of Section 16 Participants in a sentence

  • However, no such delegation is permitted with respect to Awards made to Section 16 Participants at the time any such delegated authority or responsibility is exercised.

  • The Board also may delegate to another committee of the Board consisting entirely of Non-Employee Directors any or all of the authority and responsibility of the Committee with respect to individuals who are Section 16 Participants.


More Definitions of Section 16 Participants

Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act at the time in question.
Section 16 Participants means officers or consultants of the Company who are subject to the provisions of Section 16 of the Exchange Act.
Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act. (gg) “Security Based Compensation Arrangement” means an option, option plan, security based appreciation right,
Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act. (jj) “Share” means an ordinary share of the Company.
Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act. “Share” means a share of Stock. “Stock” means the Common Stock of the Company, $.01 par value. “Stock Appreciation Right” or “SAR” means the right to receive a cash payment, and/or Shares with a Fair Market Value, equal to the appreciation of the Fair Market Value of a Share during a specified period of time. “Subsidiary” means any corporation, limited liability company or other limited liability entity in an unbroken chain of entities beginning with the Company if each of the entities (other than the last entities in the chain) owns the stock or equity interest possessing more than fifty percent (50%) of the total combined voting power of all classes of stock or other equity interests in one of the other entities in the chain. 3. Administration. (a) Administration. In addition to the authority specifically granted to the Administrator in this Plan, the Administrator has full discretionary authority to administer this Plan, including but not limited to the authority to: (i) interpret the provisions of this Plan or any agreement covering an Award; (ii) prescribe, amend and rescind rules and regulations relating to this Plan; (iii) correct any defect, supply any omission, or reconcile any inconsistency in the Plan, any Award or any agreement covering an Award in the manner and to the extent it deems desirable to carry this Plan or such Award into effect; and (iv) make all other determinations necessary or advisable for the administration of this Plan. All Administrator determinations shall be made in the sole discretion of the Administrator and are final and binding on all interested parties. (b) Delegation to Other Committees or Officers. To the extent applicable law permits, the Board may delegate to another committee of the Board, or the Committee may delegate to one or more officers of the Company, any or all of their respective authority and responsibility as an Administrator of the Plan; provided that no such delegation is permitted with respect to Stock-based Awards made to Section 16 Participants at the time any such delegated authority or responsibility is exercised unless the delegation is to another committee of the Board consisting entirely of Non-Employee Directors. If the Board or the Committee has made such a delegation, then all references to the Administrator in this Plan include such other committee or one or more officers to the extent of such delegatio...