Certain Executive Officers definition

Certain Executive Officers means those Executive Officers of the Company who are designated by the Committee to be Group III or Group IV Participants and whose total non-performance based compensation from the Company for the applicable Plan Year would otherwise be in excess of the amount deductible by the Company pursuant to Section 162(m) of the Code, including Qualifying Group III Participants.
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Examples of Certain Executive Officers in a sentence

  • Chase hereby represents that prior to execution and delivery of the Merger Agreement, the Chase Compensation Committee has determined that any awards that may be deferred under Chase's Annual Incentive Arrangement for Certain Executive Officers for 1995 or 1996 shall be deferred under principles and procedures substantially identical to those applicable to the plan described in the first paragraph of Section 11.

  • Executive shall be entitled to an Incentive Compensation Award, in accordance with the CNA Financial Corporation Incentive Compensation Plan for Certain Executive Officers (the "Incentive Compensation Plan").

  • Effective as of January 1, 1996, CNA Financial Corporation, a Delaware corporation (the “Company”), by duly adopted resolution of its board of directors (the “Board”) adopted the CNA Financial Corporation Incentive Compensation Plan for Certain Executive Officers (the “Former Bonus Plan”), subject to approval of the Company’s stockholders, which was obtained on May 1, 1996.

  • Executive shall be entitled to an Incentive Compensation Award, in accordance with the CNA Financial Corporation Incentive Compensation Plan for Certain Executive Officers (the "Incentive Compensation Plan") on terms no less favorable to the Executive than the performance criteria and amounts established by the Incentive Compensation Committee (the "Committee") in its August 4, 1999 meeting (the "Performance Criteria").

  • Stock Options, Restricted Stock and Performance Shares Certain Executive Officers and Directors hold awards of Stock Options, Restricted Stock and Performance Shares.

  • Chase hereby represents that, prior to the execution and delivery of the Merger Agreement, the Chase Compensation Committee amended Chase's Three Year Incentive Arrangement for Certain Executive Officers to provide that the Chase Compensation Committee shall have the authority to reduce the amount of any award that would be payable under the Plan (and/or to impose additional conditions upon the payment of such award) on account of an Approved Change in Control.

  • Executive shall be entitled to the benefits provided under the Company's Discretionary Compensation Policy for Employee-Directors and Certain Executive Officers.