Selected Employees definition

Selected Employees has the meaning set forth in Section 5.7(a).

Selected Employees means a group, mutually agreed upon by Seller and Buyer, of less than five percent (5%) of the aggregate number of Active Business Employees who are not concentrated in any one geographic market or business function.

Selected Employees has the meaning set forth in Section 7.1(a)(vi) of the Seller Disclosure Schedule.

Examples of Selected Employees in a sentence

• Only Selected Employees who are common-law employees of the Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. In addition, a Selected Employee who is a 10-Percent Shareholder shall not be eligible for the grant of an ISO unless the requirements set forth in Section 422(c)(5) of the Code are satisfied.

• Only Employees, Consultants, Directors and Non-Employee Directors shall be eligible for designation as Selected Employees by the Committee.

• Awards with Performance Goals or performance objectives (if any) that are granted to Selected Employees who are not Covered Employees or any Awards to Covered Employees which are not intended to qualify as performance-based compensation under Code Section 162(m) need not comply with the requirements of Code Section 162(m).

• The Committee may in its discretion issue Other Equity Awards to Selected Employees and/or Cash Awards to Covered Employees.

• The purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by offering Selected Employees an opportunity to acquire a proprietary interest in the success of the Company, or to increase such interest, and to encourage such Selected Employees to continue to provide services to the Company and to attract new individuals with outstanding qualifications.

More Definitions of Selected Employees

Selected Employees means the employees previously employed by Target Company, which is listed in Schedule 1 as annexed to this Agreement. The names, titles, ages, fixed salaries, bonuses and other economical and non-economical rewards are listed therein.

Selected Employees means those employees of Marion USA who attain age 60 with 15 years of service, as determined for pension plan and retiree medical purposes, during the period of June 23, 1997, through June 21, 1998.

Selected Employees is defined in Section 6.19.

Selected Employees means a group, mutually agreed upon by CCR and CCBCC, of less than five percent (5%) of the aggregate number of Active Business Employees who are not concentrated in any one geographic market or business function.

Selected Employees means the U.S. Employeesselected by Purchaser to be employees of Purchaser or its designee after the Closing during or at the end of the Transition Period.

Selected Employees means those district managers and head office personnel as are selected by the Senior Management Group to participate in AMG.

Selected Employees means those Employees who will be identified by Purchasers prior to the Closing to receive offers of employment in accordance with Section 1.06.