Definitions Clause Example with 4 Variations from Business Contracts
This page contains Definitions clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Definitions. The following terms shall have the meanings as defined below. Capitalized terms used herein and not defined shall have the meanings attributed to them in the Plan. "Affiliate" shall mean a "parent" or "subsidiary" (as each is defined in Section 424 of the Code) of the Company and any other entity that the Board or Committee designates as an "Affiliate" for purposes of this Plan. "Committee" shall have the meaning as defined in the Plan. "Executive Officer" shall mean an officer of the Company de...signated as such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. "Grant Date" shall mean the date of the award of the RSUs as set forth in the Grant Summary. "Grant Summary" shall mean the summary of this award as reflected in the electronic stock plan award administration system maintained by the Company or its designee that contains a link to this Agreement (which summary information is set forth in the appropriate records of the Company authorizing such award). "Permanent Disability" shall mean the status of disability determined conclusively by the Committee based upon certification of disability by the Social Security Administration or, to the extent compliant with Section 409A, upon such other proof as the Committee may require, effective upon receipt of such certification or other proof by the Committee. April 2014 "Special Retirement" shall mean: (i) retirement by the Recipient after reaching age 59 1⁄2 with at least ten (10) years of service with the Company or an Affiliate; or (ii) retirement by the Recipient after reaching age 59 1⁄2 and Recipient's age plus years of service with the Company or an Affiliate equals at least 70; or (iii) if Recipient is an Executive Officer at the time of retirement, retirement after reaching the applicable mandatory retirement age, regardless of years of service with the Company or (iv) if the Recipient is a director of the Company, retirement either (A) after reaching the applicable mandatory retirement age at retirement or (B) at the end of a term of office if Recipient is not nominated for a successive term of office on account of the fact that Recipient would have reached the applicable mandatory retirement age during such successive term of office, regardless of years of service with the Company. For Special Retirement purposes, years of service shall mean the period of service determined conclusively by the Committee.View More
Variations of a "Definitions" Clause from Business Contracts
Definitions. The following terms shall have the meanings as defined below. Capitalized terms used herein and not defined shall have the meanings attributed to them in the Plan. "Affiliate" Plan."Affiliate" shall mean a "parent" or "subsidiary" (as each is defined in Section 424 of the Code) of the Company and any other entity that the Board or Committee designates as an "Affiliate" for purposes of this Plan. "Committee" Plan."Committee" shall have the meaning as defined in the Plan. "Executive Plan."Executiv...e Officer" shall mean an officer of the Company designated as such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. "Grant amended."Grant Date" shall mean the date of the award of the RSUs as set forth in the Grant Summary. "Grant Summary."Grant Summary" shall mean the summary of this award as reflected in the electronic stock plan award administration system maintained by the Company or its designee that contains a link to this Agreement (which summary information is set forth in the appropriate records of the Company authorizing such award). "Permanent award).1"Permanent Disability" shall mean the status of disability determined conclusively by the Committee based upon certification of disability by the Social Security Administration or, to the extent compliant with Section 409A, upon such other proof as the Committee may require, effective upon receipt of such certification or other proof by the Committee. April 2014 "Special Committee."Special Retirement" shall mean: (i) retirement by the Recipient after reaching age 59 1⁄2 591⁄2 with at least ten (10) years of service with the Company or an Affiliate; or (ii) retirement by the Recipient after reaching age 59 1⁄2 591⁄2 and Recipient's age plus years of service with the Company or an Affiliate equals at least 70; or (iii) if Recipient is an Executive Officer at the time of retirement, retirement after reaching the applicable mandatory retirement age, regardless of years of service with the Company or (iv) if the Recipient is a director of the Company, retirement either (A) after reaching the applicable mandatory retirement age at retirement or (B) at the end of a term of office if Recipient is not nominated for a successive term of office on account of the fact that Recipient would have reached the applicable mandatory retirement age during such successive term of office, regardless of years of service with the Company. For Special Retirement purposes, years of service shall mean the period of service determined conclusively by the Committee. Committee.2. RIGHTS OF THE RECIPIENT WITH RESPECT TO THE RSUs.a) No Stockholder Rights. The RSUs granted pursuant to this Award do not and shall not entitle Recipient to any rights of a stockholder. The rights of Recipient with respect to the RSUs shall remain forfeitable at all times prior to the date on which such rights become vested, and the restrictions with respect to the RSUs lapse, in accordance with Section 3, 4 or 5.b) Accrued Dividends. If the Company pays any cash dividends on its common stock, Recipient will be entitled to receive an amount in cash (less any required withholding for taxes) equal to the value of such cash dividends that would have been paid on Shares earned and vested under this Agreement if such Shares had been outstanding as of the record date for such dividends declared on or after the Grant Date and prior to the issuance date of the Shares ("Accrued Dividends"). Such Accrued Dividends will be retained by the Company (without interest) and paid in cash when, and if, and to the extent that Shares are earned and vested. To the extent that Recipient has elected to defer receipt of the Shares in accordance with the terms of the applicable non-qualified deferral plan, payment of Accrued Dividends with respect to such Shares will be subject to the terms and conditions of such plan. The right to Accrued Dividends will cease and be forfeited upon the forfeiture and cancellation of this Restricted Stock Unit Award. c) Conversion of RSUs; Issuance of Common Stock. No shares of Common Stock shall be issued to Recipient prior to the date on which the RSUs vest in accordance with Section 3, 4 or 5. On the date that any RSUs vest pursuant to Section 3, 4 or 5 (or as promptly as administratively practicable thereafter), the Company shall cause to be issued in book-entry form, registered in Recipient's name or in the name of Recipient's legal representatives, beneficiaries or heirs, as the case may be, the underlying shares in payment of such vested whole RSUs (excluding Accrued Dividends), unless such payment is deferred in accordance with the terms and conditions of the Company's non-qualified compensation deferral plans. View More
Definitions. The following terms shall have the meanings as defined below. Capitalized terms used herein and not defined shall have the meanings attributed to them in the Plan. "Administrator" shall have the meaning as defined in the Plan. "Affiliate" shall mean a "parent" or "subsidiary" (as each is defined in Section 424 of the Code) of the Company and any other entity that the Board or Committee designates as an "Affiliate" for purposes of this Plan. "Cause" shall have the meaning as defined in the Plan. ..."Committee" shall have the meaning as defined in the Plan. "Executive Officer" shall mean an officer of the Company designated as such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. "Expiration Date" shall have the meaning as defined in Section 3 below. "Fair Market Value" shall have the meaning as defined in the Plan. "Grant Date" shall mean the date of the award of the RSUs this Option as set forth in the Grant Summary. "Grant Summary" shall mean the summary of this award as reflected in the electronic stock plan award administration system maintained by the Company or its designee that contains a link to this Agreement (which summary information is set forth in the appropriate records of the Company authorizing such award). April 2014 "Option Price" shall mean the exercise price per Option Share applicable to this Option set forth in the Grant Summary. "Option Shares" shall mean the number of shares of Stock issuable upon exercise of the Option as set forth in the Grant Summary. "Permanent Disability" shall mean the status of disability determined conclusively by the Committee based upon certification of disability by the Social Security Administration or, to the extent compliant with Section 409A, or upon such other proof as the Committee may require, effective upon receipt of such certification or other proof by the Committee. April 2014 "Special Retirement" shall mean: (i) retirement by the Recipient Optionee after reaching age 59 1⁄2 with at least ten (10) years of service with the Company or an Affiliate; or (ii) retirement by the Recipient Optionee after reaching age 59 1⁄2 and Recipient's Optionee's age plus years of service with the Company or an Affiliate equals at least 70; or (iii) if Recipient Optionee is an Executive Officer at the time of retirement, retirement after reaching the applicable mandatory retirement age, age by the Optionee, regardless of years of service with the Company or (iv) if the Recipient Optionee is a director of the Company, retirement by the Optionee either (A) after reaching the applicable mandatory retirement age at retirement or (B) at the end of a term of office if Recipient Optionee is not nominated for a successive term of office on account of the fact that Recipient Optionee would have reached the applicable mandatory retirement age during such successive term of office, regardless of years of service with the Company. For Special Retirement purposes, years of service shall mean the period of service determined conclusively by the Committee. View More
Definitions. The following terms shall have the meanings as defined below. Capitalized terms used herein and not defined shall have the meanings attributed to them in the Plan. "Affiliate" Plan."Affiliate" shall mean a "parent" or "subsidiary" (as each is defined in Section 424 of the Code) of the Company and any other entity that the Board or Committee designates as an "Affiliate" for purposes of this Plan. "Committee" Plan."Committee" shall have the meaning as defined in the Plan. "Executive Officer" shall... mean an officer of the Company designated as such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. "Grant Plan."Grant Date" shall mean the date of the award of the RSUs as set forth in the Grant Summary. "Grant Summary."Grant Summary" shall mean the summary of this award as reflected in the electronic stock plan award administration system maintained by the Company or its designee that contains a link to this Agreement (which summary information is set forth in the appropriate records of the Company authorizing such award). "Permanent award)."Permanent Disability" shall mean the status of disability determined conclusively by the Committee based upon certification of disability by the Social Security Administration or, to the extent compliant with Section 409A, upon such other proof as the Committee may require, effective upon receipt of such certification or other proof by the Committee. April 2014 "Special Committee."Special Retirement" shall mean: (i) mean retirement by the a Recipient after reaching age 59 1⁄2 with at least ten (10) years of service with the Company or an Affiliate; or (ii) retirement by the Recipient after reaching age 59 1⁄2 and Recipient's age plus years of service with the Company or an Affiliate equals at least 70; or (iii) if Recipient is an Executive Officer at the time of retirement, retirement after reaching the applicable mandatory retirement age, regardless of years of service with the Company or (iv) if the Recipient who is a director of the Company, retirement either (A) after reaching the applicable mandatory retirement age at retirement or (B) at the 1the end of a term of office if Recipient is not nominated for a successive term of office on account of the fact that Recipient would have reached the applicable mandatory retirement age during such successive term of office, regardless of years of service with the Company. For Special Retirement purposes, years of service shall mean the period of service determined conclusively by the Committee.View More
Definitions. The following terms shall have the meanings as defined below. Capitalized terms used herein and not defined shall have the meanings attributed to them in the Plan. "Affiliate" Plan."Affiliate" shall mean a "parent" or "subsidiary" (as each is defined in Section 424 of the Code) of the Company and any other entity that the Board or Committee designates as an "Affiliate" for purposes of this Plan. "Committee" Plan."Committee" shall have the meaning as defined in the Plan. "Executive Officer" shall... mean an officer of the Company designated as such for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. "Grant Plan."Grant Date" shall mean the date of the award of the RSUs as set forth in the Grant Summary. "Grant Summary."Grant Summary" shall mean the summary of this award as reflected in the electronic stock plan award administration system maintained by the Company or its designee that contains a link to this Agreement (which summary information is set forth in the appropriate records of the Company authorizing such award). "Permanent award)."Permanent Disability" shall mean the status of disability determined conclusively by the Committee based upon certification of disability by the Social Security Administration or, to the extent compliant with Section 409A, upon such other proof as the Committee may require, effective upon receipt of such certification or other proof by the Committee. April 2014 "Special Committee.1"Special Retirement" shall mean: (i) mean retirement by the a Recipient after reaching age 59 1⁄2 with at least ten (10) years of service with the Company or an Affiliate; or (ii) retirement by the Recipient after reaching age 59 1⁄2 and Recipient's age plus years of service with the Company or an Affiliate equals at least 70; or (iii) if Recipient is an Executive Officer at the time of retirement, retirement after reaching the applicable mandatory retirement age, regardless of years of service with the Company or (iv) if the Recipient who is a director of the Company, retirement either (A) after reaching the applicable mandatory retirement age at retirement or (B) at the end of a term of office if Recipient is not nominated for a successive term of office on account of the fact that Recipient would have reached the applicable mandatory retirement age during such successive term of office, regardless of years of service with the Company. For Special Retirement purposes, years of service shall mean the period of service determined conclusively by the Committee.View More
