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

  • In cases of inclement weather, the Covered Employee shall receive two (2) hours’ pay or be paid for actual hours worked, whichever is greater, at their regular rate provided they report as scheduled.

  • Any Covered Employee or group of Covered Employees having a grievance will not suffer loss of pay while processing grievances through the following steps.

  • Additionally, the Employer agrees to remit duly authorized contributions recognized by this Agreement on behalf of the Covered Employee.

  • For work covered by this Agreement, the Employer shall pay the wage rates and fringe benefit contributions for each Covered Employee Labor Classification as outlined in Appendix A of this Agreement.

  • The Employer and Local 598 shall not discriminate against any Covered Employee or applicant for employment because of race, creed, color, sex, age, religion or any other bias prohibited by law.


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 covered employee as defined in Code Section 162(m)(3).
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” within the meaning of Section 162(m) of the Code.
Covered Employee means an Eligible Person who is a Covered Employee as specified in Section 8(e) of the Plan.
Covered Employee means a Participant who, as of the date of vesting and/or payout of an Award, as applicable, is one of the group of "covered employees," as defined in the regulations promulgated under Code Section 162(m), or any successor statute.
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.