Successor Participant definition

Successor Participant means the personal representative or other person entitled to succeed to the rights of the Participant in accordance with Section 17.
Successor Participant means a successor to the ownership of an account designated as such in accordance with rule 781—16.10(12D) and the applicable program description.
Successor Participant has the meaning provided in Section 5(g).

Examples of Successor Participant in a sentence

  • When a Participant dies, the Successor Participant may exercise such rights in accordance with the terms of the Plan.

  • A Successor Participant must furnish proof satisfactory to the Company of his or her right to exercise the Award under the Participant’s will or under the applicable laws of descent and distribution.

  • A Successor Participant must furnish proof satisfactory to the Company of his or her right to receive the Grant under the Participant’s will or under the applicable laws of descent and distribution.

  • Upon the Participant's death, the personal representative or other person entitled to succeed to the rights of the Participant (the "Successor Participant") may exercise such rights.

  • A Successor Participant must furnish proof satisfactory to the Company of his or her right to exercise the Award under the Participant's will or under the applicable laws of descent and distribution.

  • Must be an individual or trust, not a corporation orjoint account.A Contingent Successor Participant must be at least 18 years of age anda U.S. resident.Trusts are not eligible to add a Contingent Successor Participant.

  • Must be an individual or trust, not a corporationor joint account.A Successor Participant must be at least 18 years of age and a U.S. resident.Trusts are not eligible to add a SuccessorParticipant.

  • A Successor Participant (defined below) may be identified for an Account on the Account Application.

  • A Successor Participant must furnish proof satisfactory to the Company of his or her right to exercise the Stock Option under the Participant's will or under the applicable laws of descent and distribution.

  • A Successor Participant must furnish proof satisfactory to ICG of his or her right to receive the Grant under the Participant’s will or under the applicable laws of descent and distribution.


More Definitions of Successor Participant

Successor Participant means each Person to whom a Participant transfers all or a part of its participation with the consent of the Company.
Successor Participant means the estate, personal representative or other Person entitled to succeed to the rights of a Participant in accordance with Section 16.
Successor Participant means the personal representative or other personentitled to succeed to the rights of the Participant in accordance with Section 11 hereof.

Related to Successor Participant

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Eligible employer means an employer that:

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.