Permitted Designee

Permitted Designee. Is hereby deleted in its entirety.

Permitted Designee. Of UIC for purposes of this Agreement shall be any Person designated by UIC to perform the Services that is acceptable to Advanced, it being understood that (i) Advanced may not unreasonably withhold, condition or delay its acceptance of any such designee and (ii) a designee shall be deemed acceptable to Advanced if such Person is not reasonably rejected within 10 business days after UIC gives notice of such proposed designation to Advanced.

Permitted Designee. Shall mean (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

Permitted Designee. Means, with respect to a Participant: (a) an entity that is wholly-owned by the Participant; (b) a spouse (common law or otherwise) or child (natural or adopted) of the Participant; (c) the estate and heirs and beneficiaries (arising from death) of the Participant and persons identified in (b) herein; or (d) a corporation, incorporated association or organization, body corporate, partnership, trust, association or other entity, the sole shareholders, partners or beneficiaries of which only... include the Participant and persons referred to in (b) or (c) herein. View More