Executive Participant means an employee of the Company or an Affiliate recommended by the Company’s senior management and designated a participant in this Plan by the Committee, who is within the category of a select group of management or highly compensated employees as referred to in Sections 201(a)(2), 301(a)(3) and 401(a)(1) of ERISA for any Plan Year and who either holds or held the office of a Vice President of the Company or an Affiliate or any office senior thereto or a position of equivalent responsibility or importance, during the current Plan Year or the prior Plan Year, and was covered under the Company’s long-term component of the Incentive Compensation Plan or any successor programs. An Executive Participant shall be designated as being eligible to participate in Section 3 benefits or Section 4 benefits or both as determined in the sole discretion of the Committee.

Executive Participant means an officer of the Company or of a Related Entity;

Executive Participant means an Employee who became a Participant before January 1, 2003.

Examples of Executive Participant in a sentence

The designation shall be made in a writing filed with the Committee on a form approved by it and signed by the Executive Participant.
If no effective designation of beneficiary shall be on file with the Committee when supplemental savings benefits would otherwise be distributable to a beneficiary, then such benefits shall be distributed to the Surviving Spouse of the Executive Participant or, if there is no Surviving Spouse, to his or her estate.
Participants are eligible to participate in the STIP from the beginning of each financial year, which is also when financial and non-financial performance objectives are set for each Executive Participant.
In the event an Executive Participant fails to complete a valid Investment Election, his or her Supplemental Savings Account will be credited with the investment credit amounts equivalent to the rates of return generated by the money market option under the Company’s 401(k) plan.
An Executive Participant shall designate a beneficiary to receive the unpaid portion of his or her Supplemental Savings Account in the event of his or her death.

More Definitions of Executive Participant

Executive Participant means an employee of the Company who is within the category of a select group of management or highly compensated employees as referred to in Sections 20l(a)(2), 30l(a)(3) and 40l(a)(l) of ERISA and who either holds or held the office of a Vice President of the Company or any office senior thereto or, during the current Plan Year or the prior Plan Year, was covered under Article XII of the Company's By-laws or the Company's Management Incentive Plan or any successor programs.

Executive Participant means an “executive officer” as defined in Rule 3b-7 under the Exchange Act.

Executive Participant means each Participant who has been designated as such by the CEO with Committee approval and who is not a Senior Executive Participant.

Executive Participant means a Participant who is reasonably expected to be a “covered employee” within the meaning of Section 162(m)(3) of the Code with respect to any Performance Period in which the Company would be entitled to take a compensation deduction for an Actual Award to such Participant (determined without regard to the limitation on deductibility imposed by Section 162(m)).

Executive Participant means an officer of the Corporation or of a Related Entity and includes an Executive Participant’s Permitted Assigns;

Executive Participant means an employee of the Company who is within the category of a select group of management or highly compensated employees as referred to in Sections 201(a)(2), 301(a)(3) and 401(a)(1) of ERISA and who either holds or held the office of a Vice President of the Company or any office senior thereto or, during the current Plan Year or a