Tier 1 Covered Employee definition

Tier 1 Covered Employee means the Company’s Chief Executive Officer.
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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.
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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.
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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 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.
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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.
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Tier 1 Covered Employee means the Chief Executive Officer of the Company.
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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.
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Tier 1 Covered Employee means a Covered Employee who has been designated as under Tier 1 in a Participation Agreement.
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Tier 1 Covered Employee means any employee of the Company designated as an employee under Tier 1 as shown on Appendix A attached hereto.
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Related to Tier 1 Covered Employee

  • Covered Employee means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Covered employment means employment in a covered position.

  • Covered Employees has the meaning set forth in Section 5.11(a).

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Qualified employee means an individual who:

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Qualified employment position means a permanent full-time

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Classified employee means a member of the unit.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Retired Employee means an employee of the state who retired after April 29, 1971,

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Qualified employer means the federal government.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.