Executive Participant means an employee of the Company or an Affiliate recommended by the Company’s senior management and designated a participant in this Plan by the Committee, who is within the category of a select group of management or highly compensated employees as referred to in Sections 201(a)(2), 301(a)(3) and 401(a)(1) of ERISA for any Plan Year and who either holds or held the office of a Vice President of the Company or an Affiliate or any office senior thereto or a position of equivalent responsibility or importance, during the current Plan Year or the prior Plan Year, and was covered under the Company’s long-term component of the Incentive Compensation Plan or any successor programs. An Executive Participant shall be designated as being eligible to participate in Section 3 benefits or Section 4 benefits or both as determined in the sole discretion of the Committee.

Executive Participant means an officer of the Company or of a Related Entity;

Executive Participant means an “executive officer” as defined in Rule 3b-7 under the Exchange Act.

Examples of Executive Participant in a sentence

Participants are eligible to participate in the STIP from the beginning of each financial year, which is also when financial and non-financial performance objectives are set for each Executive Participant.
The monthly normal retirement income which an Executive Participant would otherwise be entitled to receive under Section 3.03(b) will not exceed fifty percent (50%) of his Final Average Earnings.
Such an Executive Participant shall be eligible to make salary reduction contributions under this Plan and receive a Supplemental Savings Award under this Plan for such Plan Year based on the Executive Participant’s entire Actual Salary regardless of whether it exceeds the 401(a)(17) Limitations.
This subsection shall apply only to an Executive Participant designated as eligible to receive benefits under this Section 4 who is suspended in the applicable Savings Plan for a portion of a Plan Year because the Executive Participant has less than one year of service at the start of such Plan Year.
Subject to Section 6, no Highly Compensated Employee or Executive Participant shall have the right to assign, pledge or otherwise dispose of any benefits payable to him hereunder nor shall any benefit hereunder be subject to garnishment, attachment, transfer by operation of law, or any legal process.

More Definitions of Executive Participant

Executive Participant means an Employee who became a Participant before January 1, 2003.

Executive Participant means an employee of the Company who is within the category of a select group of management or highly compensated employees as referred to in Sections 20l(a)(2), 30l(a)(3) and 40l(a)(l) of ERISA and who either holds or held the office of a Vice President of the Company or any office senior thereto or, during the current Plan Year or the prior Plan Year, was covered under Article XII of the Company's By-laws or the Company's Management Incentive Plan or any successor programs.

Executive Participant means each Participant who has been designated as such by the CEO with Committee approval and who is not a Senior Executive Participant.

Executive Participant means a Participant who is reasonably expected to be a “covered employee” within the meaning of Section 162(m)(3) of the Code with respect to any Performance Period in which the Company would be entitled to take a compensation deduction for an Actual Award to such Participant (determined without regard to the limitation on deductibility imposed by Section 162(m)).

Executive Participant means an officer of the Corporation or of a Related Entity and includes an Executive Participant’s Permitted Assigns;

Executive Participant means an employee of the Company who is within the category of a select group of management or highly compensated employees as referred to in Sections 201(a)(2), 301(a)(3) and 401(a)(1) of ERISA and who either holds or held the office of a Vice President of the Company or any office senior thereto or, during the current Plan Year or a