Sellers Plan definition

Sellers Plan means a Sellers Plan in the form attached hereto as Exhibit B entered into between Broker and a Seller. "Securities Act" means the Securities Act of 1933, as amended.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Sellers Plan means a Sellers Plan in the form attached hereto as Exhibit B entered into between Broker and a Seller.

Sellers Plan shall have the meaning set forth in Section 8.4.5.

Examples of Sellers Plan in a sentence

• To the extent requested by a Transferred Employee, Sellers shall cause to be transferred to Buyer's 401(k) Plan, in cash and in kind, all of the individual account balances of Transferred Employees under the Sellers' Plan, including any outstanding plan participant loan receivables allocated to such accounts.

• Seller may terminate a Sellers Plan only during the last five Trading Days of a Sales Period by providing Broker and Isis advance written notice.

• Isis hereby appoints and authorizes Broker to sell shares of Stock pursuant to the terms and conditions set forth below and in the applicable Sellers Plan.

• Sales of Stock under the Sellers Plan have been approved by an authorized representative of Isis.

• Sales under each Sellers Plan cannot begin until the Broker receives (i) the Plan Shares, to the extent such Plan Shares are currently owned by Seller, (ii) a properly executed Seller Representation Letter and (iii) a properly completed and executed Sellers Plan, including an acknowledgment by Isis.

More Definitions of Sellers Plan

Sellers Plan has the meaning set forth in Section 6(g)(i) hereof.

Sellers Plan shall have the meaning set forth in Section 7.1.3.

Sellers Plan means any Benefit Plan that the Sellers maintain or have previously maintained or to which the Sellers are obligated to make payments or has or may have any liability, in each case with respect to any present or former employees of the Sellers.

Sellers Plan means each Benefit Plan (other than an NNGC Plan) that is sponsored, maintained or contributed to as of the Closing Date by a Seller or by any trade or business, whether or not incorporated, that together with a Seller would be a "single employer" within the meaning of Section 4001 (b) of ERISA.

Sellers Plan means a Sellers Plan in the form attached hereto as Exhibit B entered into between Broker and a Seller. “Securities Act” means the Securities Act of 1933, as amended.

Sellers Plan has the meaning set forth in Section 6.3.

Sellers Plan means either one of them;