Covered Executive definition

Covered Executive means any “executive officerof the Company as defined under Rule 10D-1.
Covered Executive means any current or former Executive Officer.
Covered Executive means any officer of the Company as defined under Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended.

Examples of Covered Executive in a sentence

  • The Compensation Committee shall establish a target bonus opportunity for each Covered Executive for each performance period.

  • At the beginning of each applicable performance period, the Compensation Committee will determine whether any significant element(s) will be included in or excluded from the calculation of any Corporate Performance Goal with respect to any Covered Executive.

  • For each Covered Executive, the Compensation Committee shall have the authority to apportion the target award so that a portion of the target award shall be tied to attainment of Corporate Performance Goals and a portion of the target award shall be tied to attainment of individual performance objectives.

  • The Corporate Performance Goals may differ from Covered Executive to Covered Executive.

  • If a Covered Executive was not employed for an entire performance period, the Compensation Committee may pro rate the bonus based on the number of days employed during such period.


More Definitions of Covered Executive

Covered Executive means any person who:
Covered Executive means each of the Company’s current and former Section 16 Officers.
Covered Executive means the Company’s Chief Executive Officer, President, Chief Financial Officer, principal accounting officer (or if there is no such accounting officer, the controller), any vice-president of the Company in charge of a principal business unit, division, or function, any other officer who performs a policy-making function for the Company, any other person who performs similar policy-making functions for the Company, and any other employee who may from time to time be deemed subject to this Policy by the Committee.
Covered Executive means any “executive officer” of the Company as defined under the Dodd-Frank Rules, and, for the avoidance of doubt, includes each individual identified as an executive officer of the Company in accordance with Item 401(b) of Regulation S-K under the Exchange Act.
Covered Executive means any (i) current or former Executive Officer and (ii) any other employee of the Company and its subsidiaries designated by the Committee as subject to this Policy from time to time.
Covered Executive means, with respect to any Fiscal Year, each individual who is a "Covered Employee" of the Corporation for such year for the purpose of section 162(m) of the Code.
Covered Executive means any Executive Officer that (1) has received Incentive Compensation (A) during the Look-Back Period (as defined in Section 27) and (B) after beginning service as an Executive Officer; and (2) served as an Executive Officer at any time during the performance period for the applicable Incentive Compensation.