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. For purposes of the Plan: (a) “Account” shall mean the separate account maintained on the books of the Corporation for each Participant pursuant to Section 8, consisting of the Cash Retainer Sub-Account and/or the RSU Sub-Account. (b) “Board” shall mean the Board of Directors of the Corporation. (c) “Committee” shall mean the Compensation Committee of the Board, or a subcommittee thereof, or such other committee designated by the Board to administer the Plan. (d) “Common Stock” sh...all mean the common stock, par value $0.0001 per share, of the Corporation, and all rights appurtenant thereto. (e) “Deferred Stock Units” shall mean deferred stock units credited to a Participant’s Account pursuant to elections by the Participant under Sections 6 and 7. (f) “Director” shall mean any member of the Board who is not an employee of the Corporation or any of its subsidiaries or affiliates. (g) “Effective Date” shall mean October 24, 2018. (h) “Fair Market Value” means as of any date the closing price of the Common Stock as reported on the NASDAQ Stock Market for that date or, if no closing price is reported for that date, the closing price on the next preceding date for which a closing price is reported, unless otherwise determined by the Committee. (i) “Initial Grant” means the initial equity grant received by a Director at the time the Director first becomes a member of the Board, if any. (j) “Participant” shall mean a Director who makes a deferral election under Section 6 or 7 of the Plan. (k) “Plan” shall mean the FARO Technologies, Inc. 2018 Non-Employee Director Deferred Compensation Plan, as set forth herein and as amended from time to time. (l) “Restricted Stock Units” or “RSUs” shall mean restricted stock units granted to the Participant under the Stock Plan. (m) “Section 409A” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance issued thereunder. (n) “Separation from Service” shall mean a “separation from service” from the Corporation, within the meaning of Section 409A and the regulations promulgated thereunder. (o) “Stock Plan” shall mean the FARO Technologies, Inc. 2014 Incentive Plan, as amended from time to time, or any successor equity plan adopted by the Corporation.View More
Variations of a "Definitions" Clause from Business Contracts
Definitions. For purposes of the Plan: (a) “Account” (a)“Account” shall mean the separate account maintained on the books of the Corporation for each Participant pursuant to Section 8, consisting of the Cash Retainer Sub-Account and/or the RSU Sub-Account. 5. (b) “Board” shall mean the Board of Directors of the Corporation. (c) “Committee” shall mean the Compensation Committee of the Board, or a subcommittee thereof, or such other committee designated by the Board to administer the Plan. (d) “Common (d)“Comm...on Stock” shall mean the common stock, par value $0.0001 per share, of the Corporation, Company, and all rights appurtenant thereto. (e) “Deferred (e)“Deferred Stock Units” shall mean deferred stock units credited to a Participant’s Account pursuant to elections by the Participant under Sections 6 and 7. (f) “Director” Section 5. (f)“Director” shall mean any member of the Board who is not an employee of the Corporation or any of its subsidiaries or affiliates. (g) “Effective affiliated with the Company’s sponsors. (g)“Effective Date” shall mean October 24, 2018. (h) “Fair December 31, 2020. (h)“Fair Market Value” means as of any date the closing transaction price of the Common Stock as reported on the NASDAQ The New York Stock Market Exchange for that date or, if no closing transaction price is reported for that date, the closing transaction price on the next preceding date for which a closing transaction price is reported, unless otherwise determined by the Committee. (i) “Initial Grant” means the initial equity grant received by a Director at the time the Director first becomes a member of the Board, if any. (j) “Participant” (i)“Participant” shall mean a Director who makes a deferral election under Section 6 or 7 5 of the Plan. (k) “Plan” (j)“Plan” shall mean the FARO Technologies, Inc. 2018 Non-Employee MP Materials Corp. 2021 Director Deferred Compensation Plan, as set forth herein and as amended from time to time. (l) “Restricted Stock Units” or “RSUs” shall mean restricted stock units granted to the Participant under the Stock Plan. (m) “Section (k)“Section 409A” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance issued thereunder. (n) “Separation amended. (l)“Separation from Service” shall mean a “separation from service” from the Corporation, within the meaning of Section 409A and the regulations promulgated thereunder. (o) “Stock (m)“Stock Plan” shall mean the FARO Technologies, Inc. 2014 MP Materials Corp. 2020 Stock Incentive Plan, as amended from time to time, or any successor equity plan adopted by the Corporation. View More
Definitions. For purposes of the Plan: (a) “Account” (a)“Account” shall mean the separate account maintained on the books of the Corporation Company for each Participant pursuant to Section 8, 7, consisting of the Cash Retainer Sub-Account and/or and the RSU Sub-Account. (b) “Board” shall mean the Board of Directors of the Corporation. Company. (c) “Committee” shall mean the Compensation and Organization Development Committee of the Board, or a subcommittee thereof, or such other committee designated by the ...Board to administer the Plan. (d) “Common Stock” shall mean the Class A common stock, par value $0.0001 per share, of the Corporation, Company, and all rights appurtenant thereto. (e) “Deferred (e)“Deferred Stock Units” shall mean deferred restricted stock units credited to a Participant’s Account pursuant to elections by the Participant under Sections 5 and 6. and 7. (f) “Director” (f)“Director” shall mean any member of the Board who is not an employee of the Corporation Company or any of its subsidiaries or affiliates. (g) “Effective (g)“Effective Date” shall mean October 24, 2018. (h) “Fair December 31, 2019. (h)“Fair Market Value” means as of any date the closing price of the Common Stock as reported on the NASDAQ New York Stock Market Exchange for that date or, if no closing price is reported for that date, the closing price on the next preceding date for which a closing price is reported, unless otherwise determined by the Committee. (i) “Initial Grant” means the initial equity grant received by a Director at the time the Director first becomes a member of the Board, if any. (j) “Participant” (i)“Participant” shall mean a Director who makes a deferral election under Section 5 or 6 or 7 of the Plan. (k) “Plan” (j)“Plan” shall mean the FARO Technologies, Inc. 2018 Bloom Energy Corporation 2020 Non-Employee Director Deferred Compensation Plan, as set forth herein and as amended from time to time. (l) “Restricted (k)“Restricted Stock Units” or “RSUs” shall mean restricted stock units granted to the Participant under the Stock Plan. (m) “Section (l)“Section 409A” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance issued thereunder. (n) “Separation amended. (m)“Separation from Service” shall mean a “separation from service” from the Corporation, Company, within the meaning of Section 409A and the regulations promulgated thereunder. (o) “Stock (n)“Stock Plan” shall mean the FARO Technologies, Inc. 2014 Bloom Energy Corporation 2018 Equity Incentive Plan, as amended from time to time, or any successor equity plan adopted by the Corporation. Company. View More
Definitions. For purposes of the Plan: (a) “Account” (a)“Account” shall mean the separate account maintained on the books of the Corporation for each Participant pursuant to Section 8, 7, consisting of the Cash Retainer Sub-Account and/or and the RSU Sub-Account. (b) “Board” shall mean the Board of Directors of the Corporation. (c) “Committee” shall mean the Compensation and Benefits Committee of the Board, or a subcommittee thereof, or such other committee designated by the Board to administer the Plan. (d)... “Common Stock” shall mean the common stock, par value $0.0001 $1.66 2/3 per share, of the Corporation, and all rights appurtenant thereto. (e) “Deferred (e)“Deferred Stock Units” shall mean deferred stock units credited to a Participant’s Account pursuant to elections by the Participant under Sections 5 and 6. and 7. (f) “Director” (f)“Director” shall mean any member of the Board who is not an employee of the Corporation or any of its subsidiaries or affiliates. (g) “Effective affiliates; provided, however, an individual who is serving as an advisory director pursuant to the appointment and designation as such by the Board and who is not an employee of the Corporation or any subsidiary or affiliate of the Corporation shall not be a Director for purposes of the Plan and shall not be eligible to defer compensation under the Plan. (g)“Effective Date” shall mean October 24, 2018. (h) “Fair December 31, 2017. (h)“Fair Market Value” means as of any date the closing price of the Common Stock as reported on the NASDAQ Stock Market for that date or, if no closing price is reported for that date, the closing price on the next preceding date for which a closing price is reported, unless otherwise determined by the Committee. (i) “Initial Grant” means the initial equity grant received by a Director at the time the Director first becomes a member of the Board, if any. (j) “Participant” (i)“Participant” shall mean a Director who makes a deferral election under Section 5 or 6 or 7 of the Plan. (k) “Plan” (j)“Plan” shall mean the FARO Technologies, Inc. Northern Trust Corporation 2018 Non-Employee Director Deferred Compensation Plan, as set forth herein and as amended from time to time. (l) “Restricted (k)“Restricted Stock Units” or “RSUs” shall mean restricted stock units granted to the Participant under the Stock Plan. (m) “Section (l)“Section 409A” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance issued thereunder. (n) “Separation amended. (m)“Separation from Service” shall mean a “separation from service” from the Corporation, within the meaning of Section 409A and the regulations promulgated thereunder. (o) “Stock (n)“Stock Plan” shall mean the FARO Technologies, Inc. 2014 Northern Trust Corporation 2017 Long-Term Incentive Plan, as amended from time to time, or any successor equity plan adopted by the Corporation. View More
Definitions. For purposes of the Plan: (a) “Account” (a)“Account” shall mean the separate account maintained on the books of the Corporation for each Participant pursuant to Section 8, consisting of the Cash Retainer Sub-Account and/or the RSU Sub-Account. (b) “Board” (b)“First Amendment Date” shall mean December 23, 2022. (c)“Board” shall mean the Board of Directors of the Corporation. (c) “Committee” (d)“Committee” shall mean the Compensation Committee of the Board, or a subcommittee thereof, or such other... committee designated by the Board to administer the Plan. (d) “Common (e)“Common Stock” shall mean the common stock, par value $0.0001 per share, of the Corporation, and all rights appurtenant thereto. (e) “Deferred (f)“Deferred Stock Units” shall mean deferred stock units credited to a Participant’s Account pursuant to elections by the Participant under Sections 6 and 7. (f) “Director” (g)“Director” shall mean any member of the Board who is not an employee of the Corporation or any of its subsidiaries or affiliates. (g) “Effective (h)“Effective Date” shall mean October 24, 2018. (h) “Fair (i)“Fair Market Value” means as of any date the closing price of the Common Stock as reported on the NASDAQ Stock Market for that date or, if no closing price is reported for that date, the closing price on the next preceding date for which a closing price is reported, unless otherwise determined by the Committee. (i) “Initial 4853-8851-0277.3 (j)“Initial Grant” means the initial equity grant received by a Director at the time the Director first becomes a member of the Board, if any. (j) “Participant” (k)“Participant” shall mean a Director who makes a deferral election under Section 6 or 7 of the Plan. (k) “Plan” (l)“Plan” shall mean the FARO Technologies, Inc. 2018 Non-Employee Director Deferred Compensation Plan, as set forth herein and as amended from time to time. (l) “Restricted (m)“Restricted Stock Units” or “RSUs” shall mean restricted stock units granted to the Participant under the Stock Plan. (m) “Section (n)“Section 409A” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance issued thereunder. (n) “Separation (o)“Separation from Service” shall mean a “separation from service” from the Corporation, within the meaning of Section 409A and the regulations promulgated thereunder. (o) “Stock (p)“Stock Plan” shall mean mean, prior to the First Amendment Date, the FARO Technologies, Inc. 2014 Incentive Plan, as amended from time to time, time (the “2014 Plan”), or on and after the First Amendment Date, the FARO Technologies, Inc. 2022 Equity Incentive Plan, as amended from time to time (the “2022 Plan”), or any successor equity plan adopted by the Corporation. View More
