Greater Than 10% Shareholder

Example Definitions of "Greater Than 10% Shareholder"
Greater Than 10% Shareholder. A Participant who at the time of the grant of the Option owns more than ten percent of the total combined voting power of all classes of stock of the Corporation or its Affiliates. For purposes of this definition, a Participant is considered to own the stock owned by the Participant's spouse, lineal descendants, parents, siblings, and grandparents, as well as a proportional interest of stock owned by a corporation, partnership, trust, or estate of which the Participant is a shareholder,... partner, or beneficiary. View More
Greater Than 10% Shareholder. A Participant who at the time of the grant of the Option owns more than ten percent of the total combined voting power of all classes of stock of the Corporation or its Affiliates. Affiliates after taking into account the constructive ownership rules of Section 424(d) of the Code. For purposes of this definition, a Participant is considered to own the stock owned owned, directly or indirectly, by or for the Participant's Participant's, spouse, ancestors (such as parents and grandparents),... lineal descendants, parents, siblings, and grandparents, siblings (whether by whole or half blood), as well as a proportional interest of stock owned owned, directly or indirectly, by or for a corporation, partnership, trust, or estate of which the Participant is a shareholder, partner, or beneficiary. beneficiary View More
View Variations
Greater Than 10% Shareholder. An individual then owning (within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of all classes of equity securities of the Company or its parent or subsidiary corporation, as defined in Section 424(e) and (f) of the Code, respectively.
All Definitions