Approved Plan

Approved Plan. The 1999 Stock Plan, the 2001 Stock Plan and any other written stock option, stock purchase or similar incentive plan (or options to purchase up to 400,000 shares of Class A Common Stock) approved by the Board of Directors (with a majority of the Purchaser Directors concurring).

Approved Plan. Means the 1994 Stock Plan and any other written stock option, stock purchase or similar incentive plan (or option agreements for the purchase of up to 400,000 shares of Class A Common Stock, of which options to purchase 150,000 shares of Class A Common Stock to be cancelled and regranted, or amended, with a reduced exercise price) approved by a majority of the Board of Directors.

Approved Plan. Means the 1994 Stock Plan and any other written stock option, stock purchase or similar incentive plan approved by a majority of the Board of Directors, with the Purchaser Directors concurring.

Approved Plan. Means the Plan attached as Exhibit A hereto or such other Plan agreed to by the Debtors, PBI, and the DIP Lender; provided that the Approved Plan shall include a release and waiver of any and all Claims or causes of action that the Debtors or the Estates may or could assert against Oaktree at any time prior to the Effective Date and shall not include any adverse treatment of Oaktree's rights under this Agreement; provided, further that, for the avoidance of doubt, an... Approved Plan shall in no way, directly or indirectly, affect (i) Oaktree's Claim, rights, remedies or interests under the Note Purchase Agreement or the Note Purchase Documents, (ii) the legality, validity, binding nature and non-avoidability of Pitney Bowes' or any guarantors' obligations under the Note Purchase Agreement or the Note Purchase Documents, or (iii) the validity, enforceability or perfection of the security interests securing the obligations under the Note Purchase Agreement or the Note Purchase Document. View More

Approved Plan. A plan of reorganization of Tarragon that results in Replacement Securities being issued to Newco with respect to and/or in exchange for the Taberna Debt and Affiliate Debt, which Replacement Securities will represent a supermajority of Tarragon's issued and outstanding shares of common and preferred stock upon their issuance.