2.13 Company means Alignment Healthcare, Inc., a Delaware corporation, and its successors by operation of law.
2.14 Consultant means an advisor or consultant to the Company or an Affiliate.
2.15 Designated Holder means GA and its respective Affiliates and Subsidiaries.
2.16 Disability means, unless otherwise determined by the Committee in the applicable Award Agreement, with respect to a Participants Separation from Service, a permanent and total disability as defined in Code Section 22(e)(3). A Disability will only be deemed to occur at the time of the determination by the Committee of the Disability; provided, however, that, for Awards that are subject to Section 409A, Disability means that a Participant is disabled under Section 409A.
2.17 Effective Date has the meaning set forth in Section 1.2.
2.18 Eligible Employee means each employee of the Company or an Affiliate.
2.19 Eligible Individual means each Eligible Employee, Non-Employee Director, and Consultant who is designated by the Committee as eligible to receive an Award.
2.20 Exchange Act means the Securities Exchange Act of 1934.
2.21 Fair Market Value means, as of any date and except as provided below, the last sales price reported for the Common Stock on the applicable date as reported on the principal stock exchange in the United States on which the Common Stock is then listed, or if the Common Stock is not listed, or otherwise reported or quoted, the Committee will determine the Fair Market Value taking into account the requirements of Section 409A. For purposes of the grant of any Award, the applicable date will be the trading day immediately before the date on which the Award is granted. For purposes of any Award granted in connection with the Registration Date, the Fair Market Value will be the public offering price in the initial public offering as set forth on the cover of the final prospectus. For purposes of the purchase of any Award, the applicable date will be the date a notice of purchase is received by the Company or, if not a day on which the applicable market is open, the next day that it is open.
2.22 Family Member means the Participants child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the Participants household (other than a tenant or employee), a trust in which these persons have more than 50% of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets, and any other entity in which these persons (or the Participant) own more than 50% of the voting interests.
2.23 GA means General Atlantic (ALN HLTH), L.P., General Atlantic Partners 95, L.P. , GAP Coinvestments III, LLC GAP Coinvestments IV, LLC, GAP Coinvestments V, LLC, and GAP Coinvestments CDA, L.P. and General Atlantic LLC and any of their Affiliates and any of their Permitted Transferees.