Executive Service definition

Executive Service means that part of a Participant’s Service rendered while he was an Executive; provided, however, that in the case of a Principal Officer Participant, Executive Service shall include only that part of a Participant’s Service rendered while he was a Principal Officer. In the case of a Participant who is not an Executive or a Principal Officer, Executive Service shall include all periods of participation pursuant to designation by the Board Committee.

Executive Service means that part of a Participant's Service which was rendered while he was an Executive.

Executive Service means all other positions that have not been placed under the preferred service and as are described in § 8-30-202.

Examples of Executive Service in a sentence

• A Participant will be eligible to retire on an early retirement date which will be the first day of any calendar month coincident with or next following his 55th birthday if he has then completed at least five (5) years of Executive Service.

• If a Participant remains employed by the Company but ceases to be an Executive or a Principal Officer, he will forfeit the right to all benefits under this Plan unless otherwise designated to remain as a Participant by the Board Committee or unless he had attained his 55th birthday and completed at least five (5) years of Executive Service at the time he ceased to be an Executive or a Principal Officer, except as otherwise provided in this Section 6.02.

• Notwithstanding the foregoing, for purposes of determining the benefit provided to the Chief Executive Officer Participant pursuant to Section 3.08, Service, Credited Service and Executive Service shall not include the period during which he qualifies for and receives disability benefits under the Sun Executive Disability Income Program.

• If a retired Participant is reemployed by the Company, his benefits will thereupon cease, and upon again becoming such an Employee he will have his prior period of Service, Credited Service and Executive Service restored to him only as designated by the Board Committee.

• The monthly special retirement income of a Chief Executive Officer Participant who retires before his Normal Retirement Date with ten years of Executive Service will be the amount determined in the preceding sentence reduced by 5/12% for each month that his Termination Date precedes his Normal Retirement Date.

More Definitions of Executive Service

Executive Service means a position in the executive branch that is the chief administrator of a principal unit or comparable position that is not the result of an election or required by the State Constitution; or a deputy or assistant secretary of the principal unit or similar position that has similar stature.

Executive Service means a Participant’s benefit service as defined in the Qualified Plan that is earned either (a) before the Participant commenced participation in this Plan or (b) during his or her active participation in this Plan. Any years of such benefit service earned after he or she ceases to be an active Participant in this Plan pursuant to Section 1.12 shall not be included in his or her Executive Service.

Executive Service means other components of County government, in addition to Departments, through which governmental authority is exercised and services provided to the citizens of the County.

Executive Service means all other positions that have not been placed under the

Executive Service means “Executive Service” earned by a Transferred Participant under the Predecessor Plan through October 31, 1988, and that part of a Participant’s Service which was rendered on and after November 1, 1988, while he was an Executive.

Executive Service means employment with an Employer as both a Covered Employee and a Senior Vice President or higher-ranking executive.

Executive Service means "Executive Service" earned by a Transferred Participant under the Predecessor