A Specified Employee definition
Examples of A Specified Employee in a sentence
A "Specified Employee" shall be interpreted to comply with Code Section 409A and shall mean a key employee within the meaning of Code Section 416(i) (without regard to paragraph 5 thereof), but an individual shall be a "Specified Employee" only if the Bank or Company is or becomes a publicly traded company.
Forms for signing up can be obtained from the VIP HRM Benefits intranet page or the GME Office.
A Specified Employee means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Bank if any stock of the Bank is publicly traded on an established securities market or otherwise or if the Bank is the subsidiary of a publicly-traded holding company.
A "Specified Employee" is an employee defined as a "specified employee" in Code Section 409A(a)(2)(B)(i), as amended from time to time.
A "Specified Employee" shall mean, for any Delay Year, any individual who during the calendar year that ended immediately before the beginning of the Delay Year, was an officer of the Company or an Affiliated Company whose compensation was for such calendar year greater than the amount described in Code Section 416(i)(1)(A)(i) ($135,000 for 2005), or any other person who was a "key employee" during such calendar year within the meaning of Code Section 416(i)(1)(A).
A Specified Employee means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Company if any stock of the Company is publicly traded on an established securities market or otherwise.
A "Specified Employee" shall be interpreted to comply with Code Section 409A and shall mean a key employee within the meaning of Code Section 416(i) (without regard to paragraph 5 thereof).
A "Specified Employee" shall be interpreted to comply with Code Section 409A and shall mean a key employee within the meaning of Code Section 416(i) (without regard to paragraph 5 thereof), but an individual shall be a "Specified Employee" only if the Bank or Company is or becomes a "publicly traded company," as defined under Code Section 409A.
A "Specified Employee," for each calendar year, means an employee who is a key employee, as defined by the Company in accordance with Section 409A and the regulations thereunder.
A Specified Employee includes a Director who is a 5% or more shareholder of the Company.