value of the equity holdings of any nonpublic nonconsolidated entity from the calculation of Implied Equity Value if such exclusion results in a reduction in the IRR, but may not exercise such discretion if it results in an increase in the IRR. If the Administrator or the Award Agreement does not designate a multiple factor, the multiple factor will be 7.
(ee)“Incentive Stock Option” means an Option intended to qualify as an incentive stock option under Section 422 of the Code and the regulations issued thereunder.
(ff)“Nonqualified Stock Option” means an Option not intended to qualify as an Incentive Stock Option.
(gg)“Officer” means an individual who is an officer of the Company as defined in Rule 16a-1(f) under the Exchange Act.
(hh)“Option” means an Incentive Stock Option or a Nonqualified Stock Option granted under the Plan.
(ii)“Participant” means an individual to whom an Award is granted under the Plan or, if applicable, such other Person who holds an outstanding Award.
(jj)“Performance Award” means an Award granted under Section 8.
(kk)“Permitted Transferee” means a Participant’s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son- in-law, daughter-in-law, brother-in-law or sister-in-law (including adoptive relationships), any individual sharing the Participant’s household (other than a tenant or employee), a trust in which these individuals (or the Participant) have more than 50% of the beneficial interest, a foundation in which these individuals (or the Participant) control the management of assets, any other entity in which these individuals (or the Participant) own more than 50% of the voting interests, or such other transferee as may be permitted by the Administrator in its sole discretion.
(ll)“Person” means an individual, partnership, limited liability company, corporation, association, joint stock company, trust, joint venture, labor organization, unincorporated organization, governmental entity or political subdivision thereof or any other entity, and includes a syndicate or group as those terms are used in Section 13(d)(3) or 14(d)(2) of the Exchange Act.
(mm)“Plan” means this Cinemark Holdings, Inc. 2017 Omnibus Incentive Plan, as amended from time to time.
(nn)“Prior Plan” means the Amended and Restated Cinemark Holdings, Inc. 2006 Long Term Incentive Plan, as amended.
(oo)“Restricted Award” means an Award of Restricted Stock or Restricted Stock Units granted under Section 7.
(pp)“Restricted Period” has the meaning set forth in Section 7.