Covered Payments definition

Covered Payments means the amounts described in Section 6.12(a) hereof.

Covered Payments means the payments or benefits provided or to be provided by the Company or its affiliates to Executive or for Executive’s benefit pursuant to the terms of this Agreement or otherwise.

Covered Payments shall have the meaning set forth in Section 8(a).

Examples of Covered Payments in a sentence

• Only if the amount calculated under (i) above is less than the amount under (ii) above will the Covered Payments be reduced to the minimum extent necessary to ensure that no portion of the Covered Payments is subject to the Excise Tax (that amount, the “Reduced Amount”).

• The Covered Payments shall be reduced in a manner that maximizes Executive’s economic position.

• The Gross-Up Payment shall be in an amount such that, after deduction of any Excise Tax on the Covered Payments and any federal, state and local income and employment tax and Excise Tax on the Gross-Up Payment, but before deduction for any federal, state or local income and employment tax on the Covered Payments, the net amount retained by the Executive shall be equal to the Covered Payments.

• From Sustenance to Symbol: A Multi-generational Study of Traditionality in the Icelandic Diet Ashlan Falletta-Cowden, Sveinn Sigurdsson (Lawrence University)2.

• In the event that the amount calculated under (I) above is less than the amount under (II) above, then the Covered Payments shall be reduced to the minimum extent necessary to ensure that no portion of the Covered Payments is subject to the Excise Tax.

More Definitions of Covered Payments

Covered Payments means cash bonuses paid after the date of adoption of this policy and stock options, restricted stock units and any other equity-based awards granted under any stock-based plan maintained by the company. “covered period” means the period beginning on the day the financial statements that must be restated, or financial results for the latest period covered by such financial statement, are first made public, whether by press release or filing with the Securities and Exchange Commission, and ending on the date that the restated financial statements are first filed with the Securities and Exchange Commission.

Covered Payments shall have the meaning set forth in Section I.4.

Covered Payments has the meaning set forth in Section 10.7(A).

Covered Payments means all payments pursuant to (1) this Agreement, (2) the Consulting Agreement, (3) the 10% Promissory Note, made as of March 15, 2002, by Boxing to Mackin, (4) section 1.4(b) of the Agreement and Plan of Merger, dated xx xx March 8, 2002, by and among Boxing, CKP, Big Content Acquisition Corp., a Delaware corporation, Big Content, Mackin and Livingston, and (5) proceeds from the sale of Zenascent Comxxx Xxock axxxxxxx xxrsuant to the warrant to purchase Zenascent Common Stock issued to Livingston and/or its Affiliates pursuant to section 1.3(a)(iii) of thx Xxxxxxx and Restated Agreement and Plan of Merger, dated as of February 21, 2002, by and among the Zenascent, Zenascent Newco Inc., a Delaware corporation, Boxing, CKP, Cedric Kushner and James DiLorenzo.

Covered Payments has the meaning set forth in Section 9.7(A).

Covered Payments means the Paid Amounts, when, as and if received by the Account Bank.

Covered Payments means cash bonuses paid after the date of adoption of this policy and stock options, restricted stock units and any other equity-based awards granted under any stock-based plan maintained by the company.