Covered Employee definition

Covered Employee means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.

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Covered Employee means the chief executive officer and the four (4) other highest compensated officers of the Company for whom total compensation is required to be reported to stockholders under the Exchange Act, as determined for purposes of Section 162(m) of the Code.

Covered Employee means an Employee who is a “covered employee” under Section 162(m)(3) of the Code.

Examples of Covered Employee in a sentence

For a period beginning on the Closing Date, and continuing for a period of three (3) months after the Closing Date, (i) Buyer and (ii) the India Seller or Global SSC, as applicable, agree to use commercially reasonable efforts to facilitate the issuance and execution of an Employee Transfer Agreement with any Covered Indian Employee or Covered Employee who has not accepted an offer from Buyer as of the Closing.
For a period of at least six (6) months, following the Plan Effective Date, each Covered Employee shall be entitled to receive, while in the employ of the Commitment Party or its Affiliates, at least the same salary, bonus, and incentive compensation, employee benefits and social security rights (including defined benefit pension plans) and other terms and conditions of employment as were provided to such employee immediately prior to the Plan Effective Date by the Mexico Subsidiary.
To the Knowledge of the Sellers, there is no effort currently being made or threatened by, or on behalf of, any Union to organize any Covered Employee, Covered Indian Employee or Covered Danish Employee, and there has been no such effort during the past three (3) years.
Each offer of employment made by Buyer or an Affiliate of Buyer to a Covered Employee shall contain terms and conditions of employment no less favorable than the terms and conditions of employment provided by such Seller immediately prior to the Closing Date with respect to such Covered Employee (including position, duties, salary, bonus and incentive compensation, benefits, location and other terms of employment).
To the Knowledge of the Sellers, there is no effort currently being made or threatened by, or on behalf of, any Union to organize any Covered Employee or Covered Indian Employee, and there has been no such effort during the past three (3) years.

More Definitions of Covered Employee

Covered Employee means any Employee who is, or could be, a “covered employee” within the meaning of Section 162(m) of the Code.

Covered Employee means a covered employee as defined in Code Section 162(m)(3).

Covered Employee means a Participant who is, or is determined by the Committee to be likely to become, a “covered employee” within the meaning of Section 162(m) of the Code (or any successor provision).

Covered Employee means a “covered employee” within the meaning of Section 162(m) of the Code.

Covered Employee means an Eligible Person who is a Covered Employee as specified in Section 8(e) of the Plan.

Covered Employee means a Participant who, as of the date of vesting and/or payout of an Award, as applicable, is one of the group of "covered employees," as defined in the regulations promulgated under Code Section 162(m), or any successor statute.

Covered Employee means an employee of the Company or its Subsidiaries who is a “covered employee” within the meaning of Section 162(m) of the Code.