Executive Pool definition

Executive Pool means five(5) Executives, or such other number as may be decreased but not increased from time to time.
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Executive Pool means a number of shares of the Company’s common stock, rounded down to the nearest whole share, determined by dividing $1 million by the Adjusted VWAP Price.
Sample 1
Executive Pool means a number of shares of the Company’s common stock, rounded down to the nearest whole share, determined by dividing
Sample 1

Examples of Executive Pool in a sentence

  • The Settlement System Administrator shall notify forthwith by telephone (and confirm in writing as soon as is practicable thereafter to) the Chief Executive, Pool Chairman, Secretary, Director and Secretary of State whenever it becomes aware that the Pool Rules Civil Emergency Condition is satisfied.

  • Such indemnification shall not apply to any matters arising under (x) the Amended Agreement as of July 25, 1993 between Executive and Credit Lyonnaise, S.A., (y) the Senior Executive Incentive Plan of MGM Holdings Corporation adopted as of 16 December 1994 and (z) the Senior Executive Pool Plan of MGM Holdings Corporation adopted as of 15 December 1995.

  • The Compensation Committee may, upon the recommendation of the President and Chief Executive Officer, select additional participants for either the Executive Pool or the Selected Managers Pool.

  • SFI's TripleClicks Executive Pool provides a simple, easy, and lucrative income stream that all SFI affiliates that made at least an Executive Affiliate, EA rank can tap into every month.

  • Motion passed.4.2 Telephone Charges for the Executive (E-10-06-#003) (President)BIRT $80 be allocated per month, per Executive, for the cell phone allowance from the Executive Pool to the Stipend Pool ($2,400 shifted from Executive Pool to Stipend Pool).

  • Therefore $1.52 of the CV will be credited to the account of Executive Pool which will be shared to all affiliates according to number of shares each affiliate had accumulated every month.

  • Each of the Executive Pool and the Selected Managers Pool shall be equal to such percentage of all annually recurring synergies achieved above a $150 million threshold as the Compensation Committee may determine.

  • The number of shares an affiliate accumulated to participate on the Executive Pool is determined by the number of versapoints an affiliate accumulated every month which must not be less than 1,500 versapoints.

  • Any synergies/cost savings achieved after that date will not count towards the Executive Pool.

  • Clause 5 (c), third paragraph to be deleted and replaced with the following: "The Employee will be eligible to participate in the Stock Option Plans of the Company (the "Plans"); the next such award is expected to be granted in February 2002 based on the Company's Stock Option Grant Methodology for the Executive Pool.

Related to Executive Pool

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Executive means the individual named in the first paragraph of this Agreement.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Executive Chairman means the Executive Chairman of the Board.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Executive Council means the Executive Council of the University;

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Member of the Executive Council means the Member of the Executive Council responsible for local government in the Province;

  • Executive manager means an individual employed by a new motor vehicle dealer in an executive capacity and who has a written employment agreement with the dealer that includes a right for the executive manager to purchase a controlling interest in the dealership at a future time or on the death or incapacity of the dealer.

  • the Executive means the Health and Safety Executive;

  • Executive Mayor means the councillor elected as the executive mayor of the municipality in terms of section 55 of the Municipal Structures Act;

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Executive Board means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the commission.

  • Executives has the meaning set forth in Section 12.2(a).

  • Number of Employees enter the total number of Employees in the employment category employed to provide services under the Contract during the report period, including part time Employees and Employees of subcontractors.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Executive session means all or part of a meeting that is closed or confidential.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Employee Account means any brokerage account or unit investment trust account in which the Van Kampen Employee has any direct or indirect beneficial ownership.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.