Benefit Category definition

Benefit Category means one of the following benefit categories: (1) the Gold Benefit Category, (2) the Silver Benefit Category or (3) the Bronze Benefit Category. For purposes of this Plan, the Gold Benefit Category shall include the Chief Executive Officer and President of the Employer; the Silver Benefit Category shall include the Chief Financial Officer of the Employer and any other officer of the Employer or any Affiliate whose position is designated by the Employer through its Board of Directors as an executive officer and included within the Silver Benefit Category; and the Bronze Benefit Category shall include the Vice Presidents Classified Jobs of the Employer or any Affiliate. Notwithstanding the foregoing, the Chief Executive Officer, President and Chief Financial Officer of any Affiliate shall be included in the Silver Benefit Category provided the position was included in the Silver Benefit Category prior to May 8, 2008 and Director Band Jobs of the Employer or any Affiliate shall be included in the Bronze Benefit Category provided the position was in the Blue Zone Band and included in the Bronze Benefit Category prior to May 8, 2008, provided in either case only with respect to an Employee who received prior to May 8, 2008 a notice of eligibility to participate in the Plan. If the Employer designates additional Qualifying Positions, then the Employer also shall specify into which Benefit Category that Qualifying Position will be included. The Employee’s Benefit Category shall be determined based on the Employee’s Qualifying Position at the time of the Change in Control of the Employer, and any Employee in more than one Qualifying Position shall be deemed for purposes of this Plan to be in only the Qualifying Position that would entitle such Employee to the greatest benefits under this Plan.
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Benefit Category means either Category 1 or Category 2.
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Benefit Category means one of the following benefit categories: (1) the Gold Benefit Category, (2) the Silver Benefit Category or (3) the Bronze Benefit Category. For purposes of this Plan, the Gold Benefit Category shall include the Chief Executive Officer and President of the Employer; the Silver Benefit Category shall include the Chief Financial Officer of the Employer, the Chief Executive Officer, President and Chief Financial Officer of an Affiliate, and the Executive Vice Presidents of the Employer or any Affiliate; and the Bronze Benefit Category shall include the Vice Presidents and the Blue Zone Classified Jobs of the Employer or any Affiliate. If the Employer designates additional Qualifying Positions, then the Employer also shall specify into which Benefit Category that Qualifying Position will be included. The Employee’s Benefit Category shall be determined based on the Employee’s Qualifying Position at the time of the Change in Control of the Employer, and any Employee in more than one Qualifying Position shall be deemed for purposes of this Plan to be in only the Qualifying Position that would entitle such Employee to the greatest benefits under this Plan.
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Examples of Benefit Category in a sentence

  • Accelerated Vesting and Compensation Continuation Plan shall be treated for purposes of this Section 3 as if he or she were in the Silver Benefit Category solely for purposes of the accelerated vesting of stock options.

  • Member pays the lesser of the Group Cost Share or 20% of the cost for each stay in a non-network Benefit Category Original Medicare (Benefits of the Federal Medicare Program) GHC Medicare Employer Group Plan hospital or inpatient psychiatric hospital.

  • Benefit Category Original Medicare (Benefits of the Federal Medicare Program) GHC Medicare Employer Group Plan Must use plan providers.

  • Benefit Category Original Medicare (Benefits of the Federal Medicare Program) GHC Medicare Employer Group Plan 16 - Durable Medical Equipment (includes wheelchairs, oxygen, etc.) Member pays 20% of Medicare- approved amounts after Medicare Part B Deductible is satisfied.

  • Accelerated Vesting and Compensation Continuation Plan shall be treated for purposes of this Section 3 as if he or she were in the Silver Benefit Category solely for purposes of the accelerated vesting of restricted stock units.

  • The Committee, in its sole discretion, will designate the Benefit Category of each Participant in the Plan.

  • Exhibit A attached hereto shall set forth the name of each Participant and the Participant’s Benefit Category as determined by the Committee, and such Exhibit shall be amended from time to time as is necessary to reflect each Participant in the Plan and the Participant’s Benefit Category.

  • Exhibit B attached hereto provides a summary of the accelerated vesting to which an Employee will be entitled based on the Benefit Category for which such Employee qualifies.

  • Notwithstanding any of the foregoing, for purposes of this Section 3 only, an Employee in the Bronze Benefit Category who previously participated in the EarthLink, Inc.

  • Exhibit B attached hereto provides a summary of the benefits to which an Employee will be entitled based on the Benefit Category for which such Employee qualifies.

Related to Benefit Category

  • eligible Category means Category (1) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • eligible Categories means Categories (1), (2) and (3) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • Loss Category means the code in the Registry, and in the schedule of Loss Category codes and Loss Factors made available by the Distributor, which enables traders to identify the Loss Factor(s) applicable to an ICP on the Network at any point in time;

  • Clinical categories means the groups into which hospital treatments are categorised by type, e.g., brain and nervous system, kidney and bladder, and digestive system. At the time of writing there were 38 categories in the Medicare clinical categories system.

  • Product Category means the applicable category which best describes the product as listed in this Section 94508.