Subsidiary

Subsidiary. A Person which is a "subsidiary corporation" of the Company within the meaning of Section 424(f) of the Code. Any references in the Plan to the masculine gender shall include references to the feminine gender and vice versa. 2.2. Headings Headings will be ignored in construing the terms of the Plan. Eligibility 2.3. Eligible Employees A person will be eligible to participate if he or she: 2.3.1. is employed for the purposes of Section 423(b)(4) of the Code by a... Participating Company, including officers and directors, on the Grant Date; and 2.3.2. (i) has such qualifying period (if any) of continuous service (not exceeding two years prior to the Grant Date), (ii) has such qualifying (if any) minimum number of customarily scheduled hours of work (not exceeding twenty), and/or (iii) such qualifying (if any) minimum number of months customarily worked per calendar year (not exceeding five), in each case as the Committee may from time to time determine. 2.4. Restrictions on Eligibility A person will not be eligible for the grant of any Purchase Rights if, immediately after the grant of a Purchase Right, the person owns stock possessing 5 percent or more of the total combined voting power or value of all classes of shares of the Company or any Subsidiary. For the purpose of this Section 3.2, the rules of Section 424(d) of the Code apply in determining the share ownership of any Employee and the Shares which he or she may acquire under all outstanding Purchase Rights. Purchase Rights will be treated as stock owned by the person. View More

Subsidiary. (i) any corporation the majority of the voting power of all classes of stock entitled to vote or the majority of the total value of shares of all classes of stock of which is owned, directly or indirectly, by the Company or its Parent, or (ii) any trade, business, or other entity other than a corporation of which the majority of the profits interest, capital interest, or actuarial interest is owned, directly or indirectly, by the Company or its Parent

Subsidiary. Means, with respect to a Person, any other Person that is directly or indirectly, through one or more intermediaries, Controlled by such Person.

Subsidiary. Any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that "at least fifty percent (50%)" shall replace "at least twenty percent (20%)" where there is not a legitimate business criteria for using such lower percentage.

Subsidiary. Has the meaning ascribed to such term in the Credit Agreement.

Subsidiary. The meaning specified in the Company's 2013 Incentive Plan (As Amended and Restated March 31,2015).

Subsidiary. As to any Person, a corporation, partnership, limited liability company, joint venture, association or other legal entity in which such Person beneficially owns (a) voting interests representing more than 50% of the voting power of the ownership interests entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers, trustees or other members of the applicable governing body thereof, or (b) if no such governing body exists at such legal entity,... capital stock, partnership interests, limited liability company interests or other ownership interests representing more than 50% of such entity's outstanding ownership interests. For purposes hereof, a Person or Persons shall be deemed to have beneficial ownership of more than 50% of the voting power of such voting interests or ownership interests of a partnership, limited liability company or other legal entity if such Person or a subsidiary of such Person (or a combination thereof) shall be, allocated a majority of partnership, limited liability company or other legal entity gains or losses or shall be, or shall control (directly or indirectly), the sole general partner, the managing general partner or the managing member of such partnership, limited liability company or other legal entity View More

Subsidiary. Has the meaning set forth in the Merger Agreement.

Subsidiary. Any entity of which at least a majority of the outstanding equity interest is held by the Company, including, but not limited to, OrthoPediatrics US Distribution Corp.

Subsidiary. Each of the entities listed on Schedule 4, and any entities omitted from Schedule 4 shall be considered in the aggregate as a single subsidiary and as aggregated would not constitute a "significant subsidiary" within the meaning of Rule 1-02(w) of Regulation S-X.