Employee Limit definition

Employee Limit means the total number of employees employed by Customer at the time of the Order Form Effective Date.
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Employee Limit means the maximum amount which a Participating Employee may contribute to the Plan in each year as determined by the Board; provided that in no event shall such contribution exceed 15% of the annualized base salary of a Participating Employee and, in the case of an executive officer (as such term is defined in Ontario Securities Commission Rule 14-501 – Definitions), shall in no event exceed 5% of the annualized base salary of such executive officer;
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Examples of Employee Limit in a sentence

  • Disease Employee Limit COMMERCIAL GENERAL LIABILITY, Bodily Injury & Property Damage Combined: OCCURRENCE FORM with the following coverages included (not excluded): - Premises/Operations Each Occurrence: $1,000,000 - Underground Explosion and General Aggregate: $1,000,000.

  • Disease Employee Limit COMMERCIAL GENERAL LIABILITY Bodily Injury & Property Damage Combined: OCCURRENCE FORM with the following Coverage’s included (not excluded): - Premises Operations Each Occurrence: $1,000,000 - Explosion, Collapse and General Aggregate: $1,000,000 Underground damage Products Comp/Ops.

  • All subcontractors must carry Workers Compensation and Employers Liability coverage with limits of not less than: $500,000 Each Accident Limit, $500,000 Each Disease Aggregate Limit and $500,000 Disease Each Employee Limit.

  • The Employee Benefits Each Employee Limit will be reduced by this amount.

  • Both the Each Employee Limit and the Aggregate Limit will be in excess of the retention stated below and will be part of, and not in addition to, the coverage part limit.Any payments we make under this Endorsement will not exceed, and will be subject to, the limits and restrictions that apply to the payment of benefits in any plan included in the employee benefit program.

  • The Each Employee Limit shown in the Schedule will then continue to apply as set forth in Paragraph D.1.c.G. For the purposes of the coverage provided by this endorsement, the following definitions are added to the Definitions Section:1.

  • The Each Employee Limit shown in the Schedule will then continue to apply as set forth in Paragraph D.1.c.

  • Employers’ liability is also required with minimum limits of $100,000 Each Accident Limit/ $500,000 Disease-Policy Limit/ $100,000 Disease-Each Employee Limit.

  • Each Employee LimitThe Each Employee Limit stated below is the most we will pay for all damages sustained by any one employee, including damages sustained by the employee's dependents and beneficiaries, because of: 1.

  • The Each Employee Limit shown in the Schedule will then continue to apply as set forth in Paragraph 5.c. of this Form.

Related to Employee Limit

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Senior Employee means a person who, at any time during the last twelve months of Executive’s period of employment hereunder:

  • Permanent part-time employee means a person who is appointed to work hours that are less in number than a full-time employee and who is appointed as such in accordance with section 37(3)(a) of the State Service Act 2000.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Part-time employee means an employee who is normally required to work less than the basic hours of work.