EMPLOYEE COMMITTEE definition

EMPLOYEE COMMITTEE means that committee appointed by the Board to administer the Plan with respect to the Non-Affiliates and comprised of two or more persons who are members of the Board.
EMPLOYEE COMMITTEE means a committee composed of at least one member of the Board of Directors who may, but need not, be a Non-Employee Director, which, if established, shall be empowered hereunder to grant Awards to Employees who are not directors or "officers" of the Company as that term is defined in Rule 16a-1(f) of the Exchange Act nor "covered employees" under Section 162(m) of the Code, and to establish the terms of such Awards at the time of grant, but shall have no other authority with respect to the Plan or outstanding Awards except as expressly granted by the Plan.
EMPLOYEE COMMITTEE means a committee of Directors appointed by the Board in accordance with Section 1.4 of the Plan.

Examples of EMPLOYEE COMMITTEE in a sentence

  • Committee meetings will be held during normal working hours unless agreed otherwise and any time spent by Employee Committee members shall be without loss of pay.

  • Pursuant to Chapter 32B, Section 19, the New Bedford Educators Association and the City have joined together under a binding agreement to form a Public Employee Committee.

  • Health Insurance is addressed through the Public Employee Committee ("PEC") agreement between the Town and the PEC.

  • Employee Committee members and any mutually agreed upon employee will be paid when they attend Labor/Management Committee Meetings during their scheduled work time.

  • County School Maintenance Employee Committee which has been granted the right to represent exclusively the members of the bargaining unit.


More Definitions of EMPLOYEE COMMITTEE

EMPLOYEE COMMITTEE means a committee formed for the purpose of representing the employee of the Museum. The Employee Committee will comprise of 4 representatives; namely 2 full time employees, 1 permanent part time and 1 casual, plus 1 management representative with voting rights.
EMPLOYEE COMMITTEE means the committee established pursuant to the Employee Shareholders’ Agreement.
EMPLOYEE COMMITTEE means a committee that may be established by the Board and composed of one or more members of the Board of Directors who may, but need not be,
EMPLOYEE COMMITTEE means a committee composed of at least one member of the Board of Directors who may, but need not, be a Non-Employee Director. The Employee Committee is empowered hereunder to grant Awards to Eligible Employees who are not directors or "officers" of the Company as that term is defined in
EMPLOYEE COMMITTEE means a committee elected by and consisting of employees who convene to negotiate a new agreement.
EMPLOYEE COMMITTEE means a committee composed of at least one member of the Board of Directors who may, but need not be, a disinterested person as that term is defined in Rule 16b-3 under the Securities Exchange Act of 1934 ("1934 Act"). The Employee Committee is empowered hereunder to grant Awards to Eligible Employees who are not directors or "officers" of the Company as that term is defined in Rule 16a-1(f), promulgated under the 1934 Act, and to establish the terms of such Awards at the time of grant, but shall have no other authority with respect to the Plan or outstanding Awards except as expressly granted by the Plan.
EMPLOYEE COMMITTEE shall have the meaning set forth on Exhibit I.