Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and any individual the Committee determines should be treated as such a covered employee.
Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.
Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.
FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.
Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.