Compensation Administration Committee definition

Compensation Administration Committee means a committee comprised of the Company's President and two (2) senior level management employees of the Company, selected by the President and employed in a position which is at the director level or any more senior position; provided that, the President may, in his discretion and at any time, remove and/or replace with different senior level management employees, either or both of the senior level management employees who serve with the President as members of the Compensation Administration Committee.
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Examples of Compensation Administration Committee in a sentence

  • The Compensation Administration Committee will be comprised of two Independent Directors and one Outside Public Director and its members will be responsible for administering certain stock option plans and executive compensation programs of the Company.

  • All Awards granted under the Plan shall be granted by either the Compensation Administration Committee or the Compensation Committee of the Board.

  • For purposes of this section "Airport" refers to either Midway International Airport or O’Hare InternationalAirport, which are both owned and operated by the City of Chicago.

  • The non- employee Chairman of each Committee other than the Compensation Administration Committee receives an additional retainer of $2,700 per year.

  • Greenwald, Glawe and Peterpaul serve on the Compensation Committee, but not the Compensation Administration Committee.

  • As applicable, the Compensation Administration Committee or the Compensation Committee of the Board.

  • Greenwald and Glawe serve on the Compensation Committee, but not the Compensation Administration Committee.

  • The Plan shall be administered by the Compensation Administration Committee for all grants with respect to any "officer" as that term is defined in Rule 16a-1(f) under the Exchange Act, or any other grant after the Shareholder Approval Date to covered employees for purposes of Section 162(m) of the Code to the extent necessary or proper to preserve deductibility of the compensation expense associated with such grant under Section 162(m); and the Compensation Committee for all other grants.

  • The Committee also administers the equity incentive compensation plans of the Company, except for responsibilities reserved for the Compensation Administration Committee.

  • The Compensation Administration Committee held six meetings in 1997.

Related to Compensation Administration Committee

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Compensation Committee means the Compensation Committee of the Board.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • District Evaluation Advisory Committee means a group created to oversee and guide the planning and implementation of the Board of Education's evaluation policies and procedures as set forth in N.J.A.C. 6A:10-2.3.

  • Finance Committee means the Finance Committee of the University;

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Legislative Leadership Committee means a committee established, authorized to be established, or designated by the President of the Senate, the Minority Leader of the Senate, the Speaker of the General Assembly, or the Minority Leader of the General Assembly pursuant to N.J.S.A. 19:44A-10.1 for the purpose of receiving contributions and making expenditures.

  • Medication administration means the direct application of medications by injection, inhalation, ingestion, or any other means to an individual receiving services by (i) persons legally permitted to administer medications or (ii) the individual at the direction and in the presence of persons legally permitted to administer medications.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Remuneration Committee means the remuneration committee of the Company;

  • Governance Committee means the Governance Committee of the Board.

  • Ethics Committee means an independent body established in a Member State in accordance with the law of that Member State and empowered to give opinions for the purposes of this Regulation, taking into account the views of laypersons, in particular patients or patients' organisations;

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Committee Chair means the Chair of a Committee;

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.