Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 82

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 82
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 stepparent, grandparent, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother, sister, brother-in-law, or sister-in-law, including adoptive relationships, of the applicable individual, any person sharing the applicable individual’s household (other than a tenant or employee), a trust in which any one or more of these persons have more than fifty percent (50%) of the beneficial interest, a foundation in which any one or more of these persons (or the applicable individual) control the management of assets, and any other entity in which one or more of these persons (or the applicable individual) own more than fifty percent (50%) of the voting interests. 2.14.“Grant Date”means, as determined by the Board, the latest to occur of (i) the date as of which the Board approves an Award, (ii) the date on which the recipient of an Award first becomes eligible to receive an Award under Section 6hereof, or (iii) such other date as may be specified by the Board in the Award Agreement. 2.15.“Incentive Stock Option”means an “incentive stock option” within the meaning of Section 422 of the Code, or the corresponding provision of any subsequently enacted tax statute, as amended from time to time. 2.16.“Incumbent Board”means the individuals who, as of the Restatement Effective Date, constitute the Board; provided, however, that any individual becoming a director subsequent to the Restatement Effective Date whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of either an actual or threatened election contest. 2.17. “Non-Employee Director” means a member of the Board who is not an officer or employee of the Company or any Subsidiary. 2.18. “Non-qualified Stock Option”means an Option that is not an Incentive Stock Option. 2.19.“Option”means an option to purchase one or more shares of Stock pursuant to the Plan. 2.20. “Option Price”means the exercise price for each share of Stock subject to an Option. 2.21. “Original Effective Date” means April