Former Key Employee definition

Former Key Employee means any person presently or formerly employed by the Controlled Group (and the Beneficiaries of such person) who during the Plan Year is not classified as a Key Employee but who was classified as a Key Employee in a previous Plan Year; provided, however, that a person who has not performed any services for the Controlled Group at any time during the one-year period ending on the Determination Date (and the Beneficiaries of any such person) shall not be considered a Former Key Employee.
Former Key Employee means an Employee (including a terminated Employee) who is not a Key Employee but who was a Key Employee.
Former Key Employee means an Employee or former Employee who is a Non-Key Employee with respect to the Plan for the Plan Year if such individual was a Key Employee with respect to the Plan for any prior Plan Year.

Examples of Former Key Employee in a sentence

  • For purposes of this definition, a beneficiary (who would not otherwise be a Key Employee) of a deceased former Key Employee shall be deemed to be a Former Key Employee in substitution for such deceased Former Key Employee.

  • No current or former Key Employee has excluded material works or inventions relating to MoviePass’ business from his or her assignment of inventions pursuant to such current or Former Key Employee arrangement with MoviePass.


More Definitions of Former Key Employee

Former Key Employee means an Employee (including a terminated Employee) who is not a Key Employee in the Current Plan Year nor during the four preceding Plan Years but who was a Key Employee at any time prior to the four preceding Plan Years.
Former Key Employee means any person with whom the Executive has had material dealings with during the Relevant Period and who was during that period a director of the Company or any Group Company, or an employee of the Company or any Group Company at appointed, managerial, senior managerial or executive level;
Former Key Employee means a Participant in the Plan who, at any time during the four (4) preceding Plan Years, was a Key Employee but who is not a Key Employee in the current Plan Year, or who terminated his service with the Employer in one of the four (4) preceding Plan Years and was not a Key Employee in the Plan Year in which he terminated.
Former Key Employee means an Employee (including a terminated ------------------- Employee) who is not a Key Employee but who was a Key Employee.
Former Key Employee means an Employee (including a terminated Employee) who is not a Key Employee in the Current Plan Year but who was a Key Employee at any time prior to the Current Plan Year.
Former Key Employee means any of the following individuals:
Former Key Employee means a key employee who was engaged by the family office vehicle, provided that upon the end of such individual's employment by the family office vehicle, he or she shall not receive investment advice from the family office vehicle (or invest additional assets therein) other than with respect to assets advised (directly or indirectly) by the family office vehicle immediately prior to the end of such individual's employment, except that he or she shall be permitted to receive investment advice from the family office vehicle with respect to additional investments that he or she was contractually obligated to make prior to the time the person became a former key employee;