Level 1 Employee definition

Level 1 Employee means each individual designated by the Plan Administrator from time to time as a Level 1 Employee. The Plan Administrator has designated the individuals set forth in Attachment 1 hereto as Level 1 Employees.
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Level 1 Employee means each Participant who the Committee has determined shall participate as a Level 1 employee.
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Level 1 Employee means the Chief Executive Officer of the Company and each individual designated by the Plan Administrator from time to time as a Level 1 Employee. The Plan Administrator has designated the individuals set forth in Attachment 1 hereto as Level 1 Employees.
Sample 1

Examples of Level 1 Employee in a sentence

  • If Employee is classified as a Level 1 Employee, Employee agrees to provide Enfusion with at least ninety (90) days’ prior notice to the date on which Employee intends to cease working for Enfusion.

  • You are an Access Level 1 Employee if you are: • an employee of FMTC or FPCMS • an employee in Enterprise Compliance or Fidelity Audit Services • an employee with access to timely information about fund investments or recommendations, including access to systems such as AS400 trading or development machines You are an Access Level 2 Employee if you are: • an employee of FMR Co. or Fidelity Capital Markets • a member of the Board of Directors of FMR Co. or FMR Corp.

  • If the Accounting Firm determines that no Excise Tax is payable by a Level 1 Employee, it shall deliver to such Participant a written opinion to such effect and to the effect that failure to report the Excise Tax on such Participant’s applicable federal income tax return will not result in the imposition of a negligence or similar penalty.

  • In the event the Corporation exhausts its remedies pursuant to Section 7(c) and a Level 1 Employee thereafter is required to make a payment of any Excise Tax the Accounting Firm shall determine the amount of the Underpayment in accordance with the provisions of this Section 7 and any such Underpayment shall be paid by the Corporation to or for the benefit of such Participant, within five days of the remittance of the Excise Tax to the Internal Revenue Service.

  • Each Non-CIC Severed Employee shall be entitled, subject to Section 2.7 hereof, to receive Severance Pay in an amount equal to the sum of (i)(A) for any Level 1 Employee, 18 months of his or her annual base salary and (B) for any Level 2 Employee, 12 months of his or her annual base salary; (ii) his or her Unpaid Prior Year Bonus, if any; and (iii) the Pro Rata Bonus.

  • You are an Access Level 1 Employee if you are: an employee of FMTC or FPCMS an employee in Enterprise Compliance or Fidelity Audit Services an employee with access to timely information about fund investments or recommendations, including access to systems such as AS400 trading or development machines You are an Access Level 2 Employee if you are: an employee of FMR Co. or Fidelity Capital Markets a member of the Board of Directors of FMR Co. or FMR Corp.

  • The Employee will be entitled to participate in the Employer's deferred compensation program as a Level 1 Employee and to receive benefits thereunder in accordance with the terms and conditions of such program.

  • If at any time Employee becomes classified as a Level 1 Employee, Employee agrees to provide Enfusion with at least ninety (90) days’ prior notice to the date on which Employee intends to cease working for Enfusion.

  • Upon a Change in Control, in the event of a claim by an Eligible Employee as to the amount or timing of any payment or benefit for a Severance, a Level 1 Employee and a Level 2 Employee shall present the reasons for his claim in writing to the Plan Administrator.

  • In the event the Corporation exhausts its remedies pursuant to Section 6(c) and a Level 1 Employee thereafter is required to make a payment of any Excise Tax the Accounting Firm shall determine the amount of the Underpayment in accordance with the provisions of this Section 6 and any such Underpayment shall be paid by the Corporation to or for the benefit of such Participant, within five days of the remittance of the Excise Tax to the Internal Revenue Service.


More Definitions of Level 1 Employee

Level 1 Employee means an employee who is designated as a Level 1 employee by the Committee.
Sample 1
Level 1 Employee means any Participating Employee with a title of vice-president or higher as reflected on the Management Liquidation Pool Allocation Schedule.
Sample 1
Level 1 Employee means each individual designated by the Plan Administrator from time to time as a Level 1 Employee.
Sample 1

Related to Level 1 Employee

  • Relevant Employee means the Previous Contractor Employees, the Previous Contractor Third Party Employees and Previous Contractor Sub-contractor Employees;

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Exempt employee means an at will employee who serves at the discretion of the appointing authority in a position that is exempted by State law, the City Charter or SMC 4.13 from compliance with the provisions of the Personnel Rules or SMC Title 4 related to selection, discipline, termination or appeals of personnel actions to the Civil Service Commission.

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • relevant employer means any company incorporated or registered under the Companies Act (Cap. 50) or any person registered under the Business Names Registration Act 2014;

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Current Employee has the meaning set forth in Section 7.8(a).

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Casual Employee means an employee who has no set hours or days of work and who is normally asked to work as and when required.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.