Senior executive officer definition

Senior executive officer means the Company’s “senior executive officers” as defined in subsection 111(b)(3) of EESA.

Senior executive officer means any person who holds the title of president, chief executive officer, chief operating officer, chief financial officer, chief lending officer or chief investment officer or, without regard to title, salary or compensation, performs the function of one or more of these positions. "Senior executive officer" also includes any other person identified by the superintendent, whether or not hired as an employee, with significant influence over, or who participates in, major policy-making decisions of a financial institution. [PL 2007, c. 79, §5 (NEW).]

Senior executive officer means the Company’s “senior executive officers” as defined in Q&A 2 of the Interim Final Rule issued by the Treasury at 31 CFR Part 30, effective on October 20, 2008 (the “Interim Final Rule”).

Examples of Senior executive officer in a sentence

• During the Relevant Period, the Company agrees that it shall not claim a deduction for remuneration for federal income tax purposes in excess of $500,000 for each Senior Executive Officer that would not be deductible if Section 162(m)(5) of the Code applied to the Company.

• During the Relevant Period, the Credit Union agrees that it shall not claim a deduction for remuneration for federal income tax purposes in excess of $500,000 for each Senior Executive Officer that would not be deductible if Section 162(m)(5) of the Code applied to the Credit Union.

• The notice to the Regional Director shall include a copy of the proposed employment contract or compensation arrangement or a detailed, written description of the compensation arrangement to be offered to such Senior Executive Officer or director, including all benefits and perquisites.

• Effective immediately, the Association shall not enter into any new contractual arrangement or renew, extend, or revise any contractual arrangement relating to compensation or benefits for any Senior Executive Officer or director of the Association, unless it first provides the Regional Director with not less than thirty (30) days prior written notice of the proposed transaction.

• Effective immediately, the Association shall not enter into, renew, extend or revise any contractual arrangement relating to compensation or benefits for any Senior Executive Officer, as defined at 12 C.F.R. § 163.555, or director of the Association, unless it first provides the Assistant Deputy Comptroller with not less than thirty (30) days prior written notice of the proposed transaction.

More Definitions of Senior executive officer

Senior executive officer means a person who holds the title or, without regard to title, salary, or compensa- tion, performs the function of one or more of the following positions: presi- dent, chief executive officer, chief oper- ating officer, chief financial officer, chief lending officer, or chief invest- ment officer. Senior executive officer also includes any other person identi- fied by the Board or Reserve Bank, whether or not hired as an employee, with significant influence over, or who participates in, major policymaking decisions of the regulated institution.

Senior executive officer means member of the Senior Executive Service other than a chief executive officer;

Senior executive officer means, when used with respect to the Company or the Restricted Subsidiaries, the chief executive officer, chief financial officer, chief administrative officer or chief operating officer.

Senior executive officer meansboard members, C-level executives, in-house lawyers and risk managers of the company.

Senior executive officer means the Company’s “senior executive officers” as defined in the IFR, as amended from time to time.

Senior executive officer means board members, executive officers, in-house lawyers, risk managers, chief operating officers, chief technology officers, chief information officers, and chief privacy officers of the company named as the Insured in the Schedule, or any subsidiary.

Senior executive officer means a person who holds the title of president, chief executive officer, chief operating officer, chief managing official (in an insured state branch of a foreign bank), chief financial officer, chief lending of- ficer, or chief investment officer, or, without regard to title, salary, or com- pensation, performs the function of one or more of these positions. Senior execu- tive officer also includes any other per- son identified by the FDIC, whether or not hired as an employee, with signifi- cant influence over, or who partici- pates in, major policymaking decisions of the insured state nonmember bank.