Tier 3 Employee definition

Tier 3 Employee means any employee of the Employer designated as such by a resolution of the Board.
Tier 3 Employee means an employee of the Company or any of its Affiliates designated as such by the Plan Administrator in writing as set forth on Schedule 1 attached hereto.
Tier 3 Employee means any Senior Vice President of the Company or any of its Affiliates, and any other employee of the Company or any of its Affiliates designated as such by the Plan Administrator in writing.

Examples of Tier 3 Employee in a sentence

  • A cash payment equal to the annual base salary as in effect immediately prior to the Severance Date, multiplied by (A) in the case of a Tier 1 Employee, 2.0, (B) in the case of a Tier 2 Employee, 1.0, and (C) in the case of a Tier 3 Employee, 0.5. For purposes of this Section 2.1(a)(i), annual base salary shall be the amount in effect immediately prior to the Severance Date without regard to any voluntary salary reductions that may be in effect immediately prior to the Severance Date.

  • As a condition to participation in the Plan, a Tier 3 Employee shall be obligated to notify the Company’s HR Service Center in writing within 30 days after such Tier 3 Employee first becomes eligible for any health benefit coverage through any subsequent employer(s).

  • Ms. Hadden noted that Chief Tiernan’s memo said the City had been awarded the money from the Edward Byrne Memorial Justice Assistance grant.

  • For purposes of this Section, annual base salary shall be determined immediately prior to the Severance (without regard to any reductions therein which constitute Good Reason for termination by a Tier 3 Employee).

  • Each Tier 3 Employee who incurs a Severance shall be entitled, subject to Section 2.12, to receive Severance Pay equal to the sum of his or her annual base salary, his or her highest annual bonus received in the three years immediately preceding the year in which the Change in Control occurs, and the value of matching contributions made by the Company to the Savings Plan on his or her behalf with respect to the calendar year immediately preceding the calendar year of the Change in Control.


More Definitions of Tier 3 Employee

Tier 3 Employee means an Employee selected by the Committee and named on Exhibit C.
Tier 3 Employee means any Eligible Employee designated by the Plan Administrator as a Tier 3 Employee (as set forth on Exhibit A hereto).
Tier 3 Employee means an individual so designated on Schedule A hereto.
Tier 3 Employee means each Designated Employee of the Company who is identified by the Company as a Tier 3 employee.
Tier 3 Employee means any employee of the Employer selected by the Plan Administrator to participate in the Plan and who is designated in the Company's records as a Tier 3 Participant.
Tier 3 Employee means any Vice President of the Employer, and any other employee of the Employer as designated by the Company.
Tier 3 Employee means any full-time salaried employee of the Employer who is (1) eligible to participate in The Goodyear Tire & Rubber Employee Savings Plan for Salaried Employees and (2) neither a Tier 1 Employee nor a Tier 2 Employee. 2.02. Construction As used in the Plan—(a) the use of the masculine gender shall include the feminine gender, and vice versa, and (b) the words “include” or “including” shall mean include or including “without limitation.