Subsidiary Definition Example with 5 Variations

Subsidiary. A a corporation, company or other entity (i) more than at least 50 percent of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture, limited liability company, venture or unincorporated association), but more than at least 50 percent of whose ownership interest representing the right generally to make... decisions for such other entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company; provided, however, that for purposes of determining whether any person may be a Participant for purposes of any grant of Incentive Stock Options, 'Subsidiary' means any corporation in which at the time the Company owns or controls, directly or indirectly, more than 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. View More

Subsidiary. A corporation, company or other entity (i) more than 50 percent of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture, limited liability company, or unincorporated association), but more than 50 percent of whose ownership interest representing the right generally to make decisions for such other... entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company; provided, however, that for purposes of determining whether any person may be a Participant for purposes of any grant of Incentive Stock Options, 'Subsidiary' "Subsidiary" means any corporation (as defined in Treasury Regulation §1.421-1(i)) in which at the time the Company owns or controls, directly or indirectly, more than 50 percent of the total combined voting power Voting Power represented by all classes of stock issued by such corporation. View More

Subsidiary. A a corporation, company or other entity (i) more than 50 percent 50% of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture, limited liability company, or unincorporated association), but more than 50 percent 50% of whose ownership interest representing the right generally to make decisions for such... other entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company; provided, however, that for purposes of determining whether any person may be a Participant for purposes of any grant of Incentive Stock Options, 'Subsidiary' means any corporation in which at the time the Company owns or controls, directly or indirectly, more than 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. View More

Subsidiary. A means a corporation, company or other entity (i) more than 50 fifty percent (50%) of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture, limited liability company, or unincorporated association), but more than 50 fifty percent (50%) of whose ownership interest representing the right generally to... make decisions for such other entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company; provided, however, that for purposes of determining whether any person may be a Participant for purposes of any grant of Incentive Stock Options, 'Subsidiary' means any corporation in which at the time the Company owns or controls, directly or indirectly, more than 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. Company. View More

Subsidiary. A corporation, company a corporation or other entity (i) more than 50 percent of whose outstanding shares Shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares Shares or securities (as may be the case in a partnership, joint venture, limited liability company, venture or unincorporated association), but more than 50 percent of whose ownership interest representing (representing the... right generally to make decisions for such other entity entity) is, now or hereafter, as of the date this Plan is approved by the Board and thereafter owned or controlled, controlled directly or indirectly, indirectly by the Company; provided, however, Company, provided that for purposes of determining whether any person may be a Participant for purposes of any grant of Incentive Stock Options, 'Subsidiary' Subsidiary means any corporation in which at the time the Company owns or controls, controls directly or indirectly, indirectly more than 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. corporation at the time of such grant. View More