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.

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

  • 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.

  • 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.

  • The Industries Commissioner, GIDC and DET were responsible for allocating land and building for developing the SUC.

  • Per Employee Limit (Limit Per Employee for any number of accidentsduring Period of Insurance)INRii.

  • The Each Employee Limit shown in the Schedule will then continue to apply as set forth in Paragraph D.4.

  • Issuance costs are reported as deferred charges.Fund Financial StatementsThe fund financial statements do not present long-term debt but are shown in the Reconciliation of the Governmental Funds Balance Sheet to the Government-Wide Statement of Net Assets.J. Property TaxesProperty taxes are levied on March 1 and are payable in two installments: November 1 and February 1 of each year.

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

Related to Employee Limit

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • 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.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Key Employees means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • 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 having supervisory responsibility for at least ten (10) employees, and “founded allegation” shall include, but not be limited to a finding by an internal investigative process, an arbitrator or mediator, a governmental entity or tribunal authorized to investigate claims of sexual harassment, or a court of competent jurisdiction.

  • 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.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • 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.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Retained Employees has the meaning set forth in Section 6.1.1.

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

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • 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).

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • Company Employee Plans has the meaning set forth in Section 3.12(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.