Tier 2 Covered Employee definition

Tier 2 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 2 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 2 as shown on Appendix B attached hereto.

Tier 2 Covered Employee means the Company’s Chief Financial Officer; Chief Strategy Officer; and President, Silicon Valley Bank.

Tier 2 Covered Employee means an employee of the Company that is designated as a “Tier 2 Covered Employee” by the Board. Designations may be by name or corporate level.

Examples of Tier 2 Covered Employee in a sentence

• Each Tier 2 Covered Employee will be entitled to receive a lump sum cash payment equal to 200% of his or her Base Salary and target incentive bonus for the year during which such termination occurs.

• If the Covered Employee is a Tier 2 Covered Employee, he or she shall be entitled to receive a lump sum cash payment equal to nine (9) months of Base Pay and nine (9) months of the Covered Employee’s Target Bonus.

• Manual of Clinical Microbiology, 7th Edition, Washington DC: American Society of Microbiology; 1999 1593 – 1600.

• If the information is especially substantial in amount and scope the LSA should find ways to provide summaries, extracts, reports to substantiate the arguments made in the draft decision.

• During the fourth quarter of 2008 to the first quarter of 2009, the world economy was largely impacted by subprime crisis originally started in the US.

More Definitions of Tier 2 Covered Employee

Tier 2 Covered Employee means an employee of the Company who is designated as a “Tier 2 Covered Employee” by the Board. Such designation may be by name or corporate level.

Tier 2 Covered Employee means the Company’s Chief Financial Officer, Chief Operating Officer and Chief Strategy Officer.

Tier 2 Covered Employee means a C-level employee of the Company and who has been designated by the Administrator under Tier 2 as shown on Appendix A attached hereto.

Tier 2 Covered Employee means a Covered Employee who has been designated as under Tier 2 in a Participation Agreement.

Tier 2 Covered Employee means 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 2 as shown on Appendix A attached hereto.

Tier 2 Covered Employee means a Covered Employee with the title of President (if such Covered Employee is not the Chief Executive Officer), Senior Vice President, Executive Vice President or a Chief officer (e.g., Chief Financial Officer, Chief Medical Officer or Chief Scientific Officer) other than the Chief Executive Officer.

Tier 2 Covered Employee means a Covered Employee who is not the Chief Executive Officer of the Company.