Tier 1 Covered Employee definition

Tier 1 Covered Employee means the Company’s Chief Executive Officer.
Tier 1 Covered Employee means the Chief Executive Officer of the Company.
Tier 1 Covered Employee means (a) with respect to the Change in Control Severance Benefits provided pursuant to Section 4, any employee of the Company designated as an employee under Tier 1 as shown on Appendix A attached hereto and (b) with respect to the Severance Benefits provided pursuant to Section 5, any employee of the Company who, immediately prior to the Change of Control, has the employee title designated under Tier 1 as shown on Appendix B attached hereto.

Examples of Tier 1 Covered Employee in a sentence

  • Each Tier 1 Covered Employee will be entitled to receive a lump sum cash payment equal to 300% of his or her Base Salary and target incentive bonus for the year during which such termination occurs.


More Definitions of Tier 1 Covered Employee

Tier 1 Covered Employee means the Chief Executive Officer of the Company and who has been designated by the Administrator under Tier 1 as shown on Appendix A attached hereto.
Tier 1 Covered Employee means an employee of the Company that is designated as a “Tier 1 Covered Employee” by the Board. Designations may be by name or corporate level.
Tier 1 Covered Employee means an employee of the Company who is designated as a “Tier 1 Covered Employee” by the Board. Such designation may be by name or corporate level.
Tier 1 Covered Employee means (i) with respect to the Change of Control Severance Benefits provided pursuant to Section 4, a Covered Employee who has been designated by the Administrator under Tier 1 as shown on Appendix A attached hereto and (ii) with respect to the Severance Benefits provided pursuant to Section 5, a Covered Employee who has been designated by the Administrator under Tier 1 as shown on Appendix B attached hereto.
Tier 1 Covered Employee means a Covered Employee who has been designated as under Tier 1 in a Participation Agreement.
Tier 1 Covered Employee means our Chief Executive Officer.
Tier 1 Covered Employee means any employee of the Company designated as an employee under Tier 1 as shown on Appendix A attached hereto.