Examples of Corporate Participant in a sentence
The Committee will determine the Participants, designating each as either a Corporate Participant or a Profit Center Participant, before or during the applicable Performance Period.
No Corporate Participant may earn any Award if the Company shall, during the course of the Year, default in the payment of principal or interest when due under any note, debenture or other instrument evidencing borrowed money, which default is not cured within the applicable cure period.
The Payment Amount for a Corporate Participant shall be determined using Table B, as is more fully described in Section 3 hereof.
EBIT Threshold--Notwithstanding any other provision of this Section 3, a Participant may not, in the case of a Corporate Participant, earn any Award, and in the case of any other Participant, earn any Award based on the 80% Award Opportunity related to his or her Organizational Unit, unless his or her Organizational Unit meets its EBIT Threshold.
The Payment Amount for a Corporate Participant shall be determined using Table B, as is more fully described in Section 3 hereof.Designated Participants.