|LINCOLN ELECTRIC HOLDINGS INC filed this Form 10-Q on 10/30/2017|
loss of the Participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant.
(aa) “Holdings”: Lincoln Electric Holdings, Inc., an Ohio corporation.
(bb) “Investment Funds”: Has the meaning set forth in Section 5.3.
(cc) “Investment Request”: An investment preference request filed by a Participant which (i) shall apply with respect to contributions credited to the Participant’s Deemed Investment Sub-account until the timely filing of a subsequent Investment Request and (ii) shall determine the manner in which such credited contributions shall be initially allocated by the Participant among the various Investment Funds within the Deemed Investment Sub‑account. A subsequent Investment Request may be submitted in writing (or in another format, including electronic format, prescribed by the Administrator) to the Administrator by the Participant. Such Investment Request will be effective as soon as practicable following receipt by the Administrator of such Investment Request.
(dd) “Investment Re-Allocation Request”: An investment preference request filed by a Participant which shall re-direct the manner in which all earlier credited amounts to a Participant’s Deemed Investment Sub-account, as well as any appreciation (or depreciation) to-date, are invested within the deemed Investment Funds available in the Plan. An Investment Re-Allocation Request may be submitted in writing (or in another format, including electronic format, prescribed by the Administrator) to the Administrator by the Participant. An Investment Re‑Allocation Request described in this subsection will be effective with respect to the balance of the Participant’s Deemed Investment Sub-Account as soon as practicable following receipt by the Administrator of such Investment Re-Allocation Request.
(ee) “Participant”: An Employee participating in the Plan in accordance with the provisions of Section 3.1 or former Employee retaining benefits under the Plan that have not been fully paid.
(ff) “Participating Employer”: The Lincoln Electric Company, and any other subsidiary or affiliate of Holdings that adopts the Plan with the consent of the Committee. Any Participating Employer that adopts the Plan and thereafter ceases to exist, ceases to be a subsidiary or affiliate of Holdings or withdraws from the Plan shall no longer be considered a Participating Employer unless otherwise determined by the Committee.
(gg) “Participation Agreement”: The Agreement submitted by a Participant to the Administrator with respect to one (1) or more Deferral Commitments.
(hh) “Performance Shares”: An award of Performance Shares under the Equity Incentive Plan, representing the right to receive Common Shares in accordance with the terms of the Equity Incentive Plan and an applicable Award Agreement.
(ii) “Plan”: The Plan set forth in this instrument as it may, from time to time, be amended.