EMPLOYEE COMMITTEE definition

EMPLOYEE COMMITTEE means that committee appointed by the Board to administer the Plan with respect to the Non-Affiliates and comprised of two or more persons who are members of the Board.

EMPLOYEE COMMITTEE means a committee composed of at least one member of the Board of Directors who may, but need not, be a Non-Employee Director, which, if established, shall be empowered hereunder to grant Awards to Employees who are not directors or "officers" of the Company as that term is defined in Rule 16a-1(f) of the Exchange Act nor "covered employees" under Section 162(m) of the Code, and to establish the terms of such Awards at the time of grant, but shall have no other authority with respect to the Plan or outstanding Awards except as expressly granted by the Plan.

EMPLOYEE COMMITTEE means a committee of Directors appointed by the Board in accordance with Section 1.4 of the Plan.

Examples of EMPLOYEE COMMITTEE in a sentence

• Accordingly, the Plan shall, as to each Foreign Subsidiary, be separately administered by a plan administrator comprised of two or more Members of the Board of Directors, the Employee Committee of the Board of Directors, or a designee as may be appointed by either of them from time to time (“Plan Administrator”).

• The Board may at any time terminate all or a portion of the functions of the Senior Committee, the Employee Committee, or any other committee allowed hereunder and reassume all or a portion of powers and authority previously delegated to such committee.

• Members of the Senior Committee, Employee Committee or any other committee allowed hereunder shall serve for such period of time as the Board may determine and shall be subject to removal by the Board at any time.

• The Non-Union Employee Committee consists of seven (7) employees, who are not represented by employee unions, and who are freely elected by the non-union employees.

• The Board in its discretion may also require the members of the Senior Committee, the Employee Committee or any other committee allowed hereunder to be "outside directors" as that term is defined in any applicable regulations promulgated under Code section 162(m).

More Definitions of EMPLOYEE COMMITTEE

EMPLOYEE COMMITTEE means a committee formed for the purpose of representing the employee of the Museum. The Employee Committee will comprise of 4 representatives; namely 2 full time employees, 1 permanent part time and 1 casual, plus 1 management representative with voting rights.

EMPLOYEE COMMITTEE means the committee established pursuant to the Employee Shareholders’ Agreement.

EMPLOYEE COMMITTEE means a committee that may be established by the Board and composed of one or more members of the Board of Directors who may, but need not be,

EMPLOYEE COMMITTEE means a committee composed of at least one member of the Board of Directors who may, but need not, be a Non-Employee Director. The Employee Committee is empowered hereunder to grant Awards to Eligible Employees who are not directors or "officers" of the Company as that term is defined in

EMPLOYEE COMMITTEE means a committee elected by and consisting of employees who convene to negotiate a new agreement.

EMPLOYEE COMMITTEE means a committee that may be established by the Board and composed of one or more members of the Board of Directors who may, but need not be, Non-Employee Directors. The Employee Committee may be empowered by the Board to grant

EMPLOYEE COMMITTEE shall have the meaning set forth on Exhibit I.