Subsidiary Definition Example with 7 Variations

Subsidiary. Means (i) (a) except as provided in subsection (ii) (b) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) (b) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns at... least 50% or more of the outstanding equity or other ownership interests. interests View More

Subsidiary. Means means (i) except as provided in subsection (ii) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns 50% or more... of the outstanding equity or other ownership interests. Notwithstanding this foregoing, in the case of Options or SARs, "Subsidiary" shall mean any corporation or other entity in a chain of corporations and/or other entities in which the Company has a "controlling Interest" within the meaning of Treas. Reg. § 1.414(c)-2(b)-(2)(i), but using the threshold of 50 percent ownership wherever 80 percent appears. View More

Subsidiary. Means means (i) except as provided in subsection (ii) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns 50% or more... of the outstanding equity or other ownership interests. Notwithstanding the foregoing, in the case of Options or SARs, "Subsidiary" shall mean any corporation or other entity in a chain of corporations and/or other entities in which the Company has a "controlling interest" within the meaning of Treas. Reg. § 1.414(c)-2(b)-(2)(i), but using the threshold of 50 percent ownership wherever 80 percent appears. View More

Subsidiary. Means (i) means (a) except as provided in subsection (ii) (b) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) (b) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns... at least 50% or more of the outstanding equity or other ownership interests. View More

Subsidiary. Means (i) means (a) except as provided in subsection (ii) (b) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the 5 Company, and (ii) (b) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly... owns 50% at least 20% or more of the total combined voting power of the entity's outstanding equity voting securities or such other threshold ownership interests. percentage permitted under Section 409A of the Code. View More

Subsidiary. Means (i) means (a) except as provided in subsection (ii) (b) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) (b) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns... 50% at least 20% or more of the total combined voting power of the entity's outstanding equity voting securities or such other threshold ownership interests. percentage permitted under Section 409A of the Code. View More

Subsidiary. Means (i) (a) except as provided in subsection (ii) (b) below, any corporation which is a subsidiary corporation within the meaning of Section 424(f) of the Code with respect to the Company, and (ii) (b) in relation to the eligibility to receive Options or Awards other than Incentive Stock Options and continued employment for purposes of Options and Awards (unless the Committee determines otherwise), any entity, whether or not incorporated, in which the Company directly or indirectly owns at... least 50% or more of the outstanding equity or other ownership interests. View More