Definitions Clause Example with 8 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. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean the Participan...t's breach of the Restrictive Covenants set forth in Section 10 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason.View More
Variations of a "Definitions" Clause from Business Contracts
Definitions. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall in this Agreement have the same meanings as meaning set forth in the Plan or the Grant Notice, as applicable. (a) Employment. applicable.(a)Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Performance Period. The term "Perform...ance Period" means the period commencing on July 1, 2017 and ending on June 30, 2020. (c) Performance Share Unit. The term "Performance Share Unit" means a performance-based Restricted Stock Unit granted pursuant to Section 11 of the Plan. (d) Period of Service. The term "Period of Service" means the continuous period of the Participant's Employment up to the Termination Date, and also includes any prior period of Employment separated by: (i) any break in Employment as a result of a leave of absence authorized by the Company or by law; and (ii) any break in Employment not authorized by the Company or by law lasting twelve (12) months or less.(e) Plan. The term "Plan" means the 2014 Omnibus Incentive Plan, as in effect from time to time. (f) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean means the Participant's breach of any of the Restrictive Covenants set forth in Section 10 of this Agreement or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Participant, all to the extent permitted by law.(g) Retirement. The term "Retirement" shall mean means a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) thereof) initiated by the Participant that occurs on or after the date on which the sum of the Participant's age and Period of Service (calculated in months) equals sixty-five (65) years, so long as the Participant is at least fifty-five (55) years old and provides at least six (6) months' notice of his or her intention to retire. (h) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. reason.2.Grant of Performance Share Units. Subject to the terms and conditions set forth in this Agreement, the Grant Notice and the Plan, for good and valuable consideration, the Company hereby grants to the Participant the EPS and RTSR Target Number of Performance Share Units provided in the Grant Notice.3. Vesting. Subject to the terms and conditions contained in this Agreement, the Grant Notice and the Plan, the Performance Share Units shall vest as provided on Exhibit A, except as otherwise set forth in Section 6 of this Agreement. With respect to any Performance Share Unit, the period during which such Performance Share Unit remains subject to vesting requirements shall be its Restricted Period. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall in this Agreement have the same meanings as meaning set forth in the Plan or the Grant Notice, as applicable. (a) Employment. applicable.(a)Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Performance Period. The term "Perform...ance Period" means the period commencing on July 1, 2017 and ending on June 30, 2020. (c) Performance Share Unit. The term "Performance Share Unit" means a performance-based Restricted Stock Unit granted pursuant to Section 11 of the Plan. (d) Period of Service. The term "Period of Service" means the continuous period of the Participant's Employment up to the Termination Date, and also includes any prior period of Employment separated by: (i) any break in Employment as a result of a leave of absence authorized by the Company or by law; and (ii) any break in Employment not authorized by the Company or by law lasting twelve (12) months or less.(e) Plan. The term "Plan" means the 2014 Omnibus Incentive Plan, as in effect from time to time. (f) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean means the Participant's breach of any of the Restrictive Covenants set forth in Section 10 of this Agreement or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Participant, all to the extent permitted by law.(g) Retirement. The term "Retirement" shall mean means a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) thereof) initiated by the Participant that occurs on or after the date on which the sum of the Participant's age and Period of Service (calculated in months) equals sixty-five (65) years, so long as the Participant is at least fifty-five (55) years old and provides at least six (6) months' notice of his or her intention to retire. (h) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. reason.2.Grant of Performance Share Units. Subject to the terms and conditions set forth in this Agreement, the Grant Notice and the Plan, for good and valuable consideration, the Company hereby grants to the Participant the EPS and RTSR Target Number of Performance Share Units provided in the Grant Notice. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. applicable.(a)Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive Covenant Violation"... shall mean the Participant's breach of the Restrictive Covenants set forth in Section 10 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Participant.(c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. reason.2. Grant of Performance Share Units. Subject to the terms and conditions set forth herein, in the Grant Notice and in the Plan, for good and valuable consideration, the Company hereby grants to the Participant the Target Number of Performance Share Units (which are performance-based Restricted Stock Units for purposes of the Plan) provided in the Grant Notice (with each Performance Share Unit representing an unfunded, unsecured right to receive one share of Common Stock). The Company may make one or more additional grants of Performance Share Units to the Participant under this Agreement by providing the Participant with a new Grant Notice and new Exhibit A, to the extent applicable, which may also include any terms and conditions differing from this Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Performance Share Units hereunder and makes no implied promise to grant additional Performance Share Units.3. Vesting. Subject to the conditions contained herein and in the Plan, the Performance Share Units shall vest as provided on Exhibit A or in Section 6 below. With respect to any Performance Share Unit, the period of time that such Performance Share Unit remains subject to vesting shall be its Restricted Period. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) applicable.(a) Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Performance Period. The term "Performance Period" means the period commencing on Jul...y 1, 2015 and ending on June 30, 2018. (c) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean the Participant's breach of the Restrictive Covenants set forth in Section 10 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Participant.(d) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) (e) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. reason.2. Grant of Performance Share Units. Subject to the terms and conditions set forth herein, in the Grant Notice and in the Plan, for good and valuable consideration, the Company hereby grants to the Participant the EPS and RTSR Target Number of Performance Share Units (which are performance-based Restricted Stock Units for purposes of the Plan) provided in the Grant Notice (with each Performance Share Unit representing an unfunded, unsecured right to receive one share of Common Stock). The Company may make one or more additional grants of Performance Share Units to the Participant under this Agreement by providing the Participant with a new Grant Notice and new Exhibit A, to the extent applicable, which may also include any terms and conditions differing from this Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Performance Share Units hereunder and makes no implied promise to grant additional Performance Share Units. View More
Definitions. Whenever the following terms are used in this Restricted Stock Performance Share Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. applicable.(a)Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive C...ovenant Violation" shall mean the Participant's breach of the Restrictive Covenants set forth in Section 10 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Participant.(c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. reason.2.Grant of Performance Share Units. Subject to the terms and conditions set forth herein, in the Grant Notice and in the Plan, for good and valuable consideration, the Company hereby grants to the Participant the Target Number of Performance Share Units (which are performance-based Restricted Stock Units for purposes of the Plan) provided in the Grant Notice (with each Performance Share Unit representing an unfunded, unsecured right to receive one share of Common Stock). The Company may make one or more additional grants of Performance Share Units to the Participant under this Performance Share Unit Agreement by providing the Participant with a new Grant Notice and new Exhibit A, to the extent applicable, which may also include any terms and conditions differing from this Performance Share Unit Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Performance Share Units hereunder and makes no implied promise to grant additional Performance Share Units. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Option Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean the Par...ticipant's breach of the Restrictive Covenants set forth in Section 10 9 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. (e) Unvested Portion. The term "Unvested Portion" shall mean, at any time, the portion of the Option which is then unvested in accordance with the Grant Notice and the Option Agreement. (f) Vested Portion: The term "Vested Portion" shall mean, at any time, the portion of the Option which has become and remains vested in accordance with the Grant Notice and the Option Agreement. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Option Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean the Par...ticipant's breach of the Restrictive Covenants set forth in Section 10 9 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. (e) Unvested Portion. The term "Unvested Portion" shall mean, at any time, the portion of the Option which is then unvested in accordance with the Grant Notice and the Option Agreement. (f) Vested Portion: The term "Vested Portion" shall mean, at any time, the portion of the Option which has become and remains vested in accordance with the Grant Notice and the Option Agreement. View More
Definitions. Whenever the following terms are used in this Restricted Stock Unit Agreement, they shall have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan or the Grant Notice, as applicable. (a) Employment. The term "Employment" means the Participant's employment as an employee of the Company or any of its Affiliates or Subsidiaries. (b) Restrictive Covenant Violation. The term "Restrictive Covenant Violation" shall mean the Participan...t's breach of the Restrictive Covenants set forth in Section 10 9 or any covenant regarding confidentiality, competitive activity, solicitation of the Company's or any of its Affiliates' or Subsidiaries' vendors, suppliers, customers or employees or any similar provision applicable to or agreed to by the Participant. (c) Retirement. The term "Retirement" shall mean a Termination by the Participant that occurs on or after the date on which the Participant attains the age of sixty-five (65) and has completed at least ten (10) years of Employment (other than a Termination when grounds existed for a Termination for Cause at the time thereof). (d) Termination Date. The term "Termination Date" shall mean the date upon which the Participant incurs a Termination for any reason. (e) Unvested Portion. The term "Unvested Portion" shall mean, at any time, the portion of the Option which is then unvested in accordance with the Grant Notice and the Agreement. (f) Vested Portion. The term "Vested Portion" shall mean, at any time, the portion of the Option which has become and remains vested in accordance with the Grant Notice and the Agreement. View More
