Plan Participant definition

Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.
Plan Participant means any individual who is eligible to receive benefits through a plan or trust established by a plan sponsor.
Plan Participant means an eligible person who arranges a Covered Cruise Vacation and pays any required plan payment.

Examples of Plan Participant in a sentence

  • All costs and expenses incurred in the administration of the Plan shall be paid by the Corporation; however, each Plan Participant shall bear all costs and expenses incurred by such individual in the sale or other disposition of any shares purchased under the Plan.

  • The Plan reserves the right to have a Plan Participant seek a second medical opinion.

  • A Plan Participant’s rights and Benefits under this Plan are personal to him and may not be assigned in whole or in part by the Plan Participant.

  • Nothing contained in the written description of health coverage shall be construed to make the Plan or the Claims Administrator liable to any third party to whom a Plan Participant may be liable to for the cost of medical care, treatment, or services.

  • Benefits based on the Allowable Charge for standard appliances will be provided toward any deluxe appliance when a Plan Participant selects a deluxe appliance solely for his comfort or convenience.


More Definitions of Plan Participant

Plan Participant shall have the meaning set forth in the introduction to this Trust Agreement.
Plan Participant. Plan Participant" means an individual who has an Option Grant under any of the Plans.
Plan Participant means an individual eligible to participate in this Plan (and, thus, to potentially receive bonus(es) under this Plan) if s/he satisfies each of the following conditions: •Is a regular employee of the Company (temporary and contract personnel are not eligible) and begins employment with the Company prior to October 1, 2021; •Is not a participant in any other GenMark bonus, incentive, variable or sales compensation plan; •Is provided with notice of eligibility to participate in this Plan, including his/her target bonus percentage opportunity under this Plan which is based on his/her position at GenMark; and•Remains employed by GenMark in a position eligible to participate in this Plan through both the Performance Period and through the date bonuses are paid to participants under this Plan. Once an individual ceases to meet any of the above conditions, the employee ceases to be a Plan Participant and is not eligible to receive or keep any bonus under this Plan. HOW THIS PLAN WORKS This Plan is administered by the Compensation Committee of GenMark’s Board of Directors (the “Compensation Committee”), in its sole business judgment and discretion. The Compensation Committee intends to administer this Plan in accordance with the Performance Goals (as defined below), although it retains the legal right to full and absolute discretion and authority to administer the Plan differently, taking into account any other facts, factors and circumstances that may be relevant at the time bonus pool funding and bonus award determinations are made. Such other facts, factors and circumstances may prompt the Compensation Committee to administer this Plan differently than the Performance Goals may direct, although all of the factors covered by the Performance Goals below will be considered by the Compensation Committee in making bonus pool funding and bonus award determinations. At the conclusion of the Performance Period, once the Company’s financial results are determined, a bonus pool may be released based on identified criteria. A bonus payout may be calculated based on GenMark’s performance as measured against Financial Goals, Product Development Goals, Organization Goals, Individual Goals, and/or such other goals as determined by the Compensation Committee, in each case as approved by the Compensation Committee during the first quarter of 2021 (collectively, the “Performance Goals”). Based on performance thresholds, payouts may occur between 0% and 150% of target. During th...
Plan Participant means a participant in the Pension Plan;
Plan Participant means an individual eligible to participate in this Plan (and, thus, to potentially receive bonus(es) under this Plan) if s/he satisfies each of the following conditions:
Plan Participant. (Participant) shall mean a state employee or retiree who is entitled to Benefits under the Plan or any dependent of the employee or retiree who is entitled to Benefits under the Plan.
Plan Participant. ’ means for a