Covered Period definition

Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

Covered Period means the three completed fiscal years immediately preceding the Accounting Restatement Determination Date. In addition, Covered Period can include certain transition periods resulting from a change in the Company’s fiscal year.

Covered Period has the meaning set forth in Section 4.4.

Examples of Covered Period in a sentence

• The Committee may terminate the participation of any Participant at any time, but the Participant’s removal from the Plan will not be effective until the later of (a) twenty-four (24) months after the Participant receives notice of his or her termination of participation by Bank or (b) the end of any Covered Period for the Participant that commenced prior to Participant receiving notice of his or her termination of participation by Bank.

• Any decision of the Committee in the interpretation and administration of the Plan during a Covered Period will be subject to de novo review without any presumption of correctness.

• If a Participant experiences a Qualifying Termination during a Covered Period, the Participant will not be paid any amount, or receive any benefit, under or pursuant to any other plan or program calling for severance benefits, including special severance benefits related to a Change in Control, unless specifically agreed to in writing between the Participant and the Bank or its affiliates.

• A Participant will cease to participate in the Plan and, therefore, shall cease to be eligible to receive severance benefits under the Plan, on the date on which the Participant ceases to be an employee of the Bank and its affiliates other than by a Qualifying Termination during a Covered Period.

• For the avoidance of doubt, the Bank shall not be obligated to make any payment under this Plan to any individual outside of a Qualifying Termination during a Covered Period, which relates to a Change in Control of the Bank or the Company.

More Definitions of Covered Period

Covered Period means the three completed fiscal years immediately preceding the Accounting Restatement Determination Date. In addition, Covered Period can include certain transition periods resulting from a change in the Company’s fiscal year. The Company’s obligation to recover Excess Compensation is not dependent on if or when the restated financial statements are filed.

Covered Period means the time period commencing on the date of and coincident with a Change of Control and ending one year thereafter.

Covered Period means the period of time beginning with March 17, 2020 and concluding upon the expiration of the local emergency. However, the City Council may vote by resolution to extend the duration of the Covered Period.

Covered Period means March seventh, two thousand twenty until the

Covered Period means the period of time beginning on the first occurrence of a Change in Control and lasting through the eighteen (18) month anniversary of the occurrence of the Change in Control. The Covered Period shall also include the ninety (90) day period before the occurrence of the Change in Control.

Covered Period for the Employee shall mean a period of time following the occurrence of the Change of Control equal to the lesser of (i) the Employee's period of employment with the Company, any subsidiary, or any predecessor of either prior to that Change of Control, or (ii) two years following the occurrence of the Change of Control.

Covered Period means the period beginning six months before a Change in Control and ending at the end of the term specified in Section 2 hereof.