Eligible Key Employee definition
Eligible Key Employee means an employee who is determined by the Administrator to (i) be in a position to affect materially the continued growth and prosperity of the Company by reason of the individual’s duties, responsibilities, personal capabilities, performance, potential or any combination of such factors, and (ii) be a management or highly compensated employee of the Company. An individual will be treated as an employee of the Company if there exists between the individual and the Company the legal relationship of employer and employee.
Eligible Key Employee means an employee who is determined by the Administrator to (i) be in a position to affect materially the continued growth and