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 Optionholders 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 Optionholder) control the management of assets, and any other entity in which these persons (or the Optionholder) own more than 50% of the voting interests.
Person means a person as defined in Section 13(d)(3) of the Exchange Act.
Plan means this Computer Programs and Systems, Inc. 2019 Incentive Plan, as amended and/or amended and restated from time to time.
Related Rights has the meaning set forth in Section 7.1(a).
Restricted Award means any Award granted pursuant to Section 7.2(a).
Restricted Stock Units has the meaning set forth in Section 7.2(a).
Restricted Period has the meaning set forth in Section 7.2(a).
Rule 16b-3 means Rule 16b-3 promulgated under the Exchange Act or any successor to Rule 16b-3, as in effect from time to time.
Securities Act means the Securities Act of 1933, as amended.
Stock Appreciation Right means the right pursuant to an Award granted under Section 7.1 to receive, upon exercise, an amount payable in cash or shares equal to the number of shares subject to the Stock Appreciation Right that is being exercised multiplied by the excess of (a) the Fair Market Value of a share of Common Stock on the date the Award is exercised, over (b) the exercise price specified in the Stock Appreciation Right Award Agreement.
Stock for Stock Exchange has the meaning set forth in Section 6.4.
Substitute Award has the meaning set forth in Section 4.6.
Ten Percent Stockholder means a person who owns (or is deemed to own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its Affiliates.
Total Share Reserve has the meaning set forth in Section 4.1.
Vested Unit has the meaning set forth in Section 7.2(d).
3.1 Authority of Committee. The Plan shall be administered by the Committee or, in the Boards sole discretion, by the Board. Subject to the terms of the Plan, the Committees charter and Applicable Laws, and in addition to other express powers and authorization conferred by the Plan, the Committee (or the Board, as the case may be) shall have the authority:
(a) to construe and interpret the Plan and apply its provisions;