Section 16 Persons definition

Section 16 Persons means those officers, directors or other persons who are subject to Section 16 of the Exchange Act.
Section 16 Persons means those Officers, Directors or other persons who are subject to Section 16 of the Exchange Act. (ss) “Securities Act” means the Securities Act of 1933, as amended.
Section 16 Persons means those Officers or directors or Non-Employee Directors or other persons who are subject to Section 16 of the Exchange Act.

Examples of Section 16 Persons in a sentence

  • With respect to Section 16 Persons, transactions under this Plan are intended to comply with all applicable conditions of Rule 16b-3.

  • Award Agreements evidencing Incentive Stock Options shall contain such terms and conditions as may be necessary to meet the applicable provisions of Section 422 of the Code.4.3 Limitations Applicable to Section 16 Persons.

  • The Board or the Compensation Committee may appoint and delegate to another committee (“Management Committee”), or to the CEO, any or all of the authority of the Board or the Committee, as applicable, with respect to Awards to Grantees other than Grantees who are executive officers, Non-Employee Directors, or Section 16 Persons at the time any such delegated authority is exercised.

  • Performance Periods of Awards granted to Section 16 Persons shall, in all cases, exceed six (6) months in length (or such shorter period as may be permissible while maintaining compliance with Rule 16b-3).

  • Longevity A longevity payment will be added to the salary of full-time employees on Schedule 2 (prorated for part- time employees on Schedule 2) who have been frozen on the highest step without a step advancement as shown below.


More Definitions of Section 16 Persons

Section 16 Persons means those persons required to file reports pursuant to Section 16(a) of the Exchange Act.
Section 16 Persons means those Officers or managers or Non-Employee Managers or other persons who are subject to Section 16 of the Exchange Act.
Section 16 Persons means those officers, directors or other persons who are subject to 16 of the Exchange Act.
Section 16 Persons means the Company’s executive officers and directors, including the Company’s principal accounting officer (if separate from the Company’s principal financial officer). Special provisions of this Policy, such as pre-approval of any trades, and special SEC reporting requirements, apply to Section 16 Persons.
Section 16 Persons means the officers of BILL (as defined in Rule 16a-1(f) of the Exchange Act) and members of the Board, including the principal accounting officer (if separate from the principal financial officer). Special provisions of this Policy, such as pre-approval of any trades, and special SEC reporting requirements, apply to Section 16 Persons.
Section 16 Persons means persons who are subject to Section 16(a) of the 1934 Act.
Section 16 Persons means those Officers or directors or Non-Employee Directors or other persons who are subject to Section 16 of the Exchange Act.(xxxviii) “Section 280G Approval” means the separate approval by stockholders owning more than 75% of the voting power of all outstanding stock of the Company entitled to vote immediately before a Change in Control which approval shall be obtained in compliance with the requirements of Code Section 280G(b)(5)(B), as amended, including any successor thereof, and the regulations promulgated thereunder, as determined by the Committee in its sole discretion.(xxxix) “Securities Act” means the Securities Act of 1933, as amended.(xl) “Separation From Service” means a Participant’s separation from service with the Company within the meaning of Code Section 409A.(xli) “Service” means service as an Employee, Non-Employee Director or Consultant. Service will be deemed terminated as soon as the entity to which Service is being provided is no longer either (i) the Company, (ii) a Parent, (iii) a Subsidiary or (iv) an Affiliate. The Committee determines when Service commences and when Service terminates. The Committee may determine whether any Company transaction, such as a sale or spin-off of a division or subsidiary that employs a Participant, shall be deemed to result in termination of Service for purposes of any affected Awards, and the Committee’s decision shall be final, conclusive and binding.(xlii) “Share” means one share of Common Stock.(xliii) “Stock Option Agreement” means the agreement described in Section 6 evidencing each Award of an Option.(xliv) “Stockholder Approval Date” means the date that the Company’s stockholders approve this Plan.(xlv) “Stockholders Agreement” means any applicable agreement between the Company’s stockholders and/or investors that provides certain rights and obligations for stockholders.(xlvi) “Subsidiary” means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that attains the status of a Subsidiary on a date after the Adoption Date shall be considered a Subsidiary commencing as of such date.