Covered Participants definition

Covered Participants means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated like such a covered employee.
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Covered Participants shall have the meaning set forth in Section 6.02(a).
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Covered Participants means Covered Executives and Covered Senior Employees.
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Examples of Covered Participants in a sentence

  • Elections by Covered Participants are subject to the following additional restrictions: (i) such election may not be made within six months of the grant of an option or warrant, provided that this limitation shall not apply in the event of death or disability, and (ii) such election must be made either six months or more prior to the Tax Date or in a Window Period.

  • The Committee shall establish the Performance Goals relating to Covered Participants for a Performance Period in writing.

  • All performance-based Awards to Covered Participants shall be deemed to include any such additional terms, conditions, limitations and provisions as are necessary to comply with the performance-based compensation exemption of Code Section 162(m), unless the Committee, in its discretion, determines that any such Award is not intended to qualify for the exemption for performance-based compensation under Code Section 162(m).

  • All Performance Measures, Goals, or Criteria relating to Covered Participants for a relevant Performance Period shall be established by the Committee in writing prior to the beginning of the Performance Period, or by such other later date for the Performance Period as may be permitted under Section 162(m) of the Code.

  • All Performance Criteria relating to Covered Participants for a relevant Performance Period shall be established by the Committee in writing prior to the beginning of the Performance Period, or by such other later date for the Performance Period as may be permitted under Section 162(m) of the Code.

  • In interpreting Plan provisions relating to Awards subject to Performance Goals paid to Covered Participants, it is the intent of the Plan to conform with the standards of Section 162(m) of the Code and Treasury Regulation §1.162-27(e)(2)(i), and the Committee in establishing such goals and interpreting the Plan shall be guided by such provisions.

  • Covered Participants and Qualified Dependents who elect COBRA continuation coverage as a result of a Qualifying Event will be required to pay continuation coverage payments.

  • Covered Participants and Qualified Dependents must make the continuation coverage payment prior to the first day of the month in which such coverage will take effect.

  • All Awards to Covered Participants under this Plan shall be further subject to such other conditions, restrictions, and requirements as the Committee may determine to be necessary to carry out the purpose of this Section 10.

  • Awards made to the Executive Officers or Covered Participants shall be determined by the Committee.


More Definitions of Covered Participants

Covered Participants has the meaning set forth in Section 8.01(e)(i).
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Covered Participants means Covered Executive Participants and Covered Senior Participants.
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Covered Participants means (1) individuals who were employed by Company or its Subsidiaries set forth on Schedule 4(f) prior to the Closing Date and who either (A) are actively employed by Company or its Subsidiaries set forth on Schedule 4(f) on or after the Closing Date or (B) become entitled to COBRA Coverage during the Transition Period and (2) covered eligible dependents of the individuals identified in clause (1).
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Covered Participants has the meaning set forth in Section 8.6(b)(i) of the Agreement.
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Covered Participants means: those persons, other than Plaintiff (as defined below), who are entitled to a payment pursuant the terms of this Stipulation (as defined below). The names of all Covered Participants and theamounts to which they are entitled pursuant to this Stipulation (as defined below) are set forth on Exhibit 1 to this Stipulation.1
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Related to Covered Participants

  • Participants is defined in Section 12.2.1.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Participant has the meaning specified in Section 10.06(d).

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Book Entry Participants or “Participants” means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

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

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;