Covered Employee definition

Covered Employee means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.
Covered Employee means the chief executive officer and the four (4) other highest compensated officers of the Company for whom total compensation is required to be reported to stockholders under the Exchange Act, as determined for purposes of Section 162(m) of the Code.
Covered Employee means an Employee who is a “covered employee” under Section 162(m)(3) of the Code.

Examples of Covered Employee in a sentence

  • Consultant acknowledges and agrees that by virtue of his prior employment with the Company he is a Covered Employee under, and as such term is defined in, the Company’s Amended and Restated Clawback Policy, as in effect on the date hereof and as it may be amended from time to time (the “Clawback Policy”), and that the Clawback Policy applies and will continue to apply to the Consultant.


More Definitions of Covered Employee

Covered Employee means any Employee who is, or could be, a “covered employee” within the meaning of Section 162(m) of the Code.
Covered Employee means a Participant who is, or is determined by the Committee to be likely to become, a “covered employee” within the meaning of Section 162(m) of the Code (or any successor provision).
Covered Employee means a covered employee as defined in Code Section 162(m)(3).
Covered Employee means a “covered employee” within the meaning of Section 162(m) of the Code.
Covered Employee means an Eligible Person who is a Covered Employee as specified in Section 8(e) of the Plan.
Covered Employee means any Employee who is or may become a “Covered Employee,” as defined in Section 162(m) of the Code, and who is designated, either as an individual Employee or class of Employees, by the Committee within the shorter of: (a) ninety (90) days after the beginning of any Performance Period, or (b) twenty-five percent (25%) of any Performance Period has elapsed, as a “Covered Employee” under this Plan for such applicable Performance Period.
Covered Employee means an employee of the Company or its Subsidiaries who is a “covered employee” within the meaning of Section 162(m) of the Code.