Participating Executives definition

Participating Executives means the Company’s “disqualified individuals” (within the meaning of Section 280G of the Code), that are parties to an effective employment agreement with the Company (including Executive) providing for the same or similar rights and/or benefits as are set forth in this Section 9(a). Notwithstanding any provision herein to the contrary, the Company may at any time and from time to time prior to a Change in Control increase the number of Participating Executives.
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Participating Executives has the meaning given to it in the Management Bonus Scheme;
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Participating Executives has the meaning set forth in Section 6.6.
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Examples of Participating Executives in a sentence

  • For each Performance Period, the Committee shall select, at the time the Performance Criteria and Performance Targets are determined, the Participating Executives.

  • No person shall have any legal claim to be granted an award under the Incentive Plan and the Committee shall have no obligation to treat Participating Executives uniformly.

  • Participating Executives and/or their spouses and designated beneficiaries shall be entitled to benefits under this Plan if the Executive is employed by the Company at the time of his or her death or until his or her retirement, or in the event of the Company's change of control, whichever occurs earlier.

  • Upon termination of the Participating Executive's employment by voluntary resignation or for Cause, all Bonuses for which the Participating Executive may be eligible shall be forfeited unless the Committee otherwise expressly so provides in a written contract or other written instrument.

  • Upon making a distribution to a Participating Executive or his Beneficiary, as the case may be, of all or part of the value of a Participating Executive's Deferral Account, the number of Phantoms Shares in such account shall be immediately reduced by an amount equal to the amount of such distribution divided by the Per Phantom Share Value as of the date of the distribution.

  • The Participating Executive, and the Participating Executive's spouse and beneficiary waive all rights under this Plan with respect to amounts distributed to the Participating Executive under this Section.

  • An amount equal to the Participating Executive's employer-provided accrued benefit under the Retirement Plan and any Other Pension Plan at Normal Retirement Age without any reduction in the accrued benefit for early retirement.

  • The Participating Executive's beneficiary designation shall be deemed automatically revoked as to a Beneficiary in the event of (i) the death of the beneficiary prior to the Participating Executive's death, or (ii) if the beneficiary is the Participating Executive's spouse, in the event of dissolution of marriage.

  • The value of a Participating Executive's Deferral Account as of a Determination Date shall be equal to the product of (a) the number of Phantom Shares credited to such Deferral Account multiplied by (b) the Per Phantom Share Value as of the Determination Date.

  • The Company shall deduct from the Participating Executive's Compensation that is not deferred pursuant to this Plan, any amounts it is required to withhold under any state, federal or local law for taxes or other charges relating to the Stock Grant Deferred Compensation.

Related to Participating Executives

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Key Executives means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxxxx, jointly and severally.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

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

  • Participating Company means the Company or any Parent Corporation or Subsidiary Corporation.

  • Executives has the meaning set forth in Section 12.2(a).

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

  • 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.

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

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Comparable Employment means employment on terms which provide (a) the same or greater rate of base pay or salary as in effect immediately prior to Executive’s termination, (b) the same, equivalent or higher job title and level of responsibility as Executive had prior to Executive’s termination, (c) equivalent or higher bonus opportunity as the bonus opportunity for the year preceding the year in which the termination occurs, and d) a principal work location that is both (i) no more than forty-five (45) miles from Executive’s principal work location immediately prior to Executive’s termination and (ii) no more than thirty (30) miles farther from Executive’s principal weekday residence than was Executive’s principal work location immediately prior to the termination.

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Participating FFI means an FFI that, as from the effective date of any rules requiring withholding on "passthru payments" (as such term is defined pursuant to Sections 1471 through 1474 of the Code and any regulations thereunder or official interpretations thereof), meets the requirements of Section 1471(b) of the Code and any regulations or other official guidance issued thereunder and that has not elected to be withheld upon pursuant to Section 1471(b)(3) of the Code;

  • the Executive means the Health and Safety Executive;

  • Key Executive means an employee of a Textron Company who has been and continues to be designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief Human Resources Officer.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.