Authorized Transferee

Authorized Transferee. The permissible recipient, as authorized by this Plan and the Committee, of an NSO that is transferred during the Participant's lifetime by the Participant by gift or domestic relations order.

Authorized Transferee. A relative or spouse of the Stockholder, or a relative of such Stockholder's spouse if such relative shares a home with the Stockholder.

Authorized Transferee. Shall mean, individually, each transferee described in (a), (b) and (c) below. (a) If a Holder is an individual, a pledge of securities, a gift of securities or a transfer of securities without consideration by such Holder, to or for the benefit of any parent, spouse, and natural or lawfully adopted children of such Holder or to any personal trust in which such Holder or any of such members retains the entire beneficial interest, (b) if a Holder is a partnership or limited liability company, a... pledge of securities, a distribution or transfer of securities by such Holder to (i) its partners, members or managing directors of its members, (ii) any Affiliate, (iii) any officer of such Holder or (iv) any entity, if following such transfer such Holder shall own a majority of the equity of such entity, as applicable, without consideration, and (c) if the Holder is a departing employee, a sale back to the Company of securities of the Company owned by such employee pursua nt to an approved shareholders' agreement or Company Employee Stock Plan, provided that (x) in no event may an Authorized Transferee be a competitor of the Company or an Affiliate of a competitor of the Company, and (y) prior to such pledge, gift, distribution or transfer, such Authorized Transferee, other than an Authorized Transferee described in (c) or in any case in which the transferee is the Company, agrees in writing to be bound by the terms of this Note and any and all laws, and all applicable rules and regulations promulgated under any federal or state securities laws. View More

Authorized Transferee. Means the permissible recipient, as authorized by this Plan and the Committee, of an NSO that is transferred during the Participant's lifetime by the Participant by gift or domestic relations order. For purposes of this definition a "permissible recipient" is: (i) a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law of the Participant, including... any such person with such relationship to the Participant by adoption; (ii) any person (other than a tenant or employee) sharing the Participant's household; (iii) a trust in which the persons in (i) or (ii) have more than fifty percent of the beneficial interest; (iv) a foundation in which the persons in (i) or (ii) or the Participant control the management of assets; or (v) any other entity in which the person in (i) or (ii) or the Participant own more than fifty percent of the voting interest. View More

Authorized Transferee. Shall mean a transferee of Restricted Stock if (i) there is transferred to such transferee Restricted Stock having an original purchase price of not less than $100,000 or all of the transferring holder's shares, if less, or (ii) such transferee is a Related Party (as defined below).