Executive Group definition

Executive Group means every person who is expected by the Committee to be both (i) a “covered employee” as defined in Section 162(m) of the Code as of the end of the taxable year in which payment of the Award may be deducted by the Company, and (ii) the recipient of compensation of more than $1,000,000 for that taxable year.

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Executive Group means, collectively, those individuals holding the offices of Chairman, Vice Chairman, Chief Executive Officer, President, Chief Operating Officer or any Vice President of the Company.

Executive Group shall have the meaning set forth in Section 7.2(a).

Examples of Executive Group in a sentence

• The term "Executive Group" shall have the meaning set forth in Section 7.2(a).

• If there is more than one member of the Executive Group, the failure of any one member thereof to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by Investors shall not excuse, or constitute a waiver of its rights against, the defaulting member.

• Any suit, action or proceeding with respect to this Agreement, or any judgment entered by any court in respect of any thereof, shall be brought in any court of competent jurisdiction in the State of Delaware, and each of the Company and the members of the Executive Group hereby submits to the exclusive jurisdiction of such courts for the purpose of any such suit, action, proceeding or judgment.

• Each of the members of the Executive Group and Investors hereby irrevocably waives any objections which it may now or hereafter have to the laying of the venue of any suit, action or proceeding arising out of or relating to this Agreement brought in any court of competent jurisdiction in the State of Delaware, and hereby further irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in any inconvenient forum.

• If there is more than one member of the Executive Group, the failure of any one member thereof to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by the Company shall not excuse, or constitute a waiver of its rights against, the defaulting member.

More Definitions of Executive Group

Executive Group means Executive and Executive’s Permitted Transferees.

Executive Group shall have the meaning set forth in Section 4.1(a).

Executive Group means every person who the Committee believes may be both (i) a “covered employee” as defined in Section 162(m) of the Code as of the end of the taxable year in which the Company expects to take a deduction of the Award, and (ii) the recipient of compensation of more than $1,000,000 (as such amount appearing in Section 162(m) of the Code may be adjusted by any subsequent legislation) for that taxable year.

Executive Group means you and the other executives executing similar --------------- letter agreements as of the date hereof. The term "Management Transaction ---------------------- Expenses" shall mean fees and expenses payable to Skadden, Arps, Slate, ▇▇▇▇▇▇▇ -------- & ▇▇▇▇ for legal fees incurred by the Executive Group in connection with the execution and negotiation of this letter and the transactions contemplated hereby. The term "Buyer Transaction Expenses" shall mean the out-of-pocket -------------------------- expenses and fees incurred by Holdings and its affiliates in connection with the transactions contemplated by the Merger Agreement, including but not limited to, fees payable to banks, investment banking firms and other financial institutions, and their respective agents and counsel, and fees of counsel, accountants, financial printers, advisors, experts and consultants to Holdings and its affiliates. Investors agrees that it shall cause Holdings or its subsidiaries to reimburse the Executive Group for Management Transaction Expenses if the transactions contemplated by the Merger Agreement are consummated.

Executive Group means the officers of the Company; and each of such officers shall be deemed members of the Executive Group.

Executive Group means, collectively, those individuals holding the offices of Chairman, Vice Chairman, President, Chief Executive Officer, Chief Operating Officer or any Vice President of the Company.

Executive Group. (“grŵp gweithrediaeth”) means a political group some or all of whose members comprise, or are included in, the executive of the authority;