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How is 'Subject to' defined in a legal contract?

• Subject to means the conditions established in this document related to the term ""Closing Date"". These conditions identify that shareholders of a particular entity will exchange all of their shares for a set number of common shares of another entity. These transactions are expected to be completed at a designated closing, and on a specified closing date, subject to various conditions discussed in the document. Seen in 16 SEC filings.
• Subject to means considering the provisions detailed in this document, the term of an executive's employment commences on the date this agreement is executed by all parties and will continue until a specified future date. Seen in 10 SEC filings.
• Subject to means the conditions established in this document on the ""Effective Date"". The subscribing shareholders of an identified entity will exchange all of their shares (which constitutes at least 100% of the outstanding common stock) for something else. Seen in 5 SEC filings.
• Subject to means a decision that becomes effective once it is made and remains approved unless it is overturned by a designated body or authority. Seen in 4 SEC filings.
• Subject to means a status in relation to cession that does not include non-affiliated or involuntary contracts unless they are specifically coded by a particular organization's Home Office Assumed Reinsurance Department as being ""subject to cession"". Seen in 4 SEC filings.
• Subject to means the values of decision variables must satisfy all constraints and sign restrictions. Seen in 3 SEC filings.
• Subject to means an activity that has been undertaken for a specified year. Seen in 3 SEC filings.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Subject to means pertaining to the conditions specified in [agreement] which need to be fulfilled for specific actions to take place.

Relevant Contract Types

• Shareholder Agreement
• Employment Contract
• Asset Purchase Agreement
• Lease Agreement

Relevant Circumstances

• Transfer and exchange of shares
• Terms of employment and termination
• Purchase and sale of assets

Relevant Sectors

• Financial Services
• Real Estate
• Manufacturing
• Healthcare

Genie Definition 4

Subject to means the activity conducted within the time period specified as per [agreement].

Relevant Contract Types

• Consultancy Agreement
• Services Agreement
• Partnership Agreement

Relevant Circumstances

• Delivering a project or service
• Partnership terms and duties

Relevant Sectors

• Consulting
• Technology
• Professional Services

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