Definition of Section 162(m) Performance Employee


Section 162(m) Performance Employee means an individual determined by the Committee as covered by Morgan Stanleys Section 162(m) performance formula governing annual incentive compensation for certain officers for 2013.
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Examples of Section 162(m) Performance Employee in a sentence

Notwithstanding the other provisions of this Award Certificate, if Morgan Stanley considers you to be a Section 162(m) Performance Employee, the multipliers applicable to your LTIP Award (determined in accordance with Section 2) shall be adjusted downward to the extent the Committee determines, in its sole discretion, that such adjustment is reasonably necessary or advisable to comply with Section 162(m).
Notwithstanding any other provision of this Section 8, if Morgan Stanley considers you to be a Section 162(m) Performance Employee, conversion of your LTIP Award, and the delivery of shares upon such conversion, pursuant to Sections 8(a) or 8(b), shall be made subject to limitations or requirements determined by the Firm in its sole discretion to be reasonably necessary or advisable to comply with Section 162(m).