Covered Employee definition

Covered Employee means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.
Covered Employee means the chief executive officer and the four (4) other highest compensated officers of the Company for whom total compensation is required to be reported to stockholders under the Exchange Act, as determined for purposes of Section 162(m) of the Code.
Covered Employee means an Employee who is a “covered employee” under Section 162(m)(3) of the Code.

Examples of Covered Employee in a sentence

  • For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Section 12Q.3 of the HCAO.

  • If an employee becomes a Covered Employee after the 90th day before the beginning of the Plan Year and does not receive the notice for that reason, the notice will be provided no more than 90 days before the employee becomes a Covered Employee but not later than the date the employee becomes a Covered Employee.

  • Default Elective Deferrals being made on behalf of a Covered Employee will cease as soon as administratively feasible after the Covered Employee makes an affirmative election.

  • For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Article 121.3 of the HCAO.

  • The restrictions in this Section 5(a) and Section 5(b) below are understood to be subject to a reasonable geographic limitation because it is inherently limited to the locations where a Covered Customer does business or where a Covered Employee is located and is available for solicitation.


More Definitions of Covered Employee

Covered Employee means any Employee who is, or could be, a “covered employee” within the meaning of Section 162(m) of the Code.
Covered Employee means a Participant who is, or is determined by the Committee to be likely to become, a “covered employee” within the meaning of Section 162(m) of the Code (or any successor provision).
Covered Employee means a covered employee as defined in Code Section 162(m)(3).
Covered Employee means an Eligible Person who is a Covered Employee as specified in Section 8(e) of the Plan.
Covered Employee means any Employee who is or may become a “Covered Employee,” as defined in Section 162(m) of the Code, and who is designated, either as an individual Employee or class of Employees, by the Committee within the shorter of: (a) ninety (90) days after the beginning of any Performance Period, or (b) twenty-five percent (25%) of any Performance Period has elapsed, as a “Covered Employee” under this Plan for such applicable Performance Period.
Covered Employee means a “covered employee” within the meaning of Section 162(m) of the Code.
Covered Employee means an employee of the Company or its Subsidiaries who is a “covered employee” within the meaning of Section 162(m) of the Code.