Subsidiary Definition Example with 20 Variations

This page contains an example definition of Subsidiary, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Subsidiary. Means 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 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 except 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 Arrow

Variations

Subsidiary. Means a means any corporation, company or other entity legal entity: (i) more than 50 percent 50% of whose outstanding shares or outstanding securities (representing the right to vote for the election of directors or other managing authority) are, now or hereafter, Controlled, directly or indirectly by a party hereto, but such entity shall be deemed to be a Subsidiary for the purposes of this Agreement only so long as such Control exists; or (ii) which does not have outstanding shares or ... class="diff-color-red">securities (as securities, as may be the case in a partnership, joint venture or unincorporated association), association, but more than 50 percent 50% of whose ownership interest representing the right generally to make decisions for such other entity is, is now or hereafter, owned or controlled, Controlled, directly or indirectly, indirectly by a party hereto, but such entity shall be deemed to be a Subsidiary for the Company except 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 this Agreement only so long as such corporation. Control exists. View More Arrow
Subsidiary. Means means 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 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 except 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 (as defined in Treasury Regulation ยง1.421-1(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 Arrow
Subsidiary. Means means 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 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 except 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 Arrow
Subsidiary. Means means 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 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 except 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 at least 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. View More Arrow
Subsidiary. Means means a corporation, company or other entity (i) (A) 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) (B) which does not have outstanding shares or securities (as may be the case in a partnership, limited liability company, joint venture 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 except 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 Arrow
Subsidiary. Means means 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 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 except 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 Arrow
Subsidiary. Means means a corporation, company or other entity (i) (A) 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) (B) which does not have outstanding shares or securities (as may be the case in a partnership, limited liability company, joint venture 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 except 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 Arrow
Subsidiary. Means means 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, limited liability company, joint venture 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 Company, except 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 50% of the total combined voting power Voting Power represented by all classes of stock issued by such corporation. View More Arrow
Subsidiary. Means means 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) authority), which securities entitled the holder to elect a majority of the directors of such corporation, company or entity, are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture 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 except 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 Arrow
Subsidiary. Means 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 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 except that (A) for purposes of determining whether any person may be a Participant for purposes of any may receive a grant of Incentive Stock Options, "Subsidiary" means any corporation in which at the time the Company owns or controls, directly or indirectly, more than at least 50 percent of the total combined voting power represented by all classes of stock issued by such corporation. corporation, and (B) for purposes of determining whether a Participant may receive a grant of any other Option Rights, "Subsidiary" means any member of the Company's controlled group described in Section 14(b). View More Arrow
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