Group I Participant definition

Group I Participant means each senior management employee of a Participating Company who (i) is on the U.S. payroll, (ii) is not a party to any other retention and/or severance agreement with the Participating Company Group that is not otherwise waived in accordance with Section 3.10, and (iii) on the Change of Control Date, is classified as a Vice President (or any more senior role) of a Participating Company.
Group I Participant means a Participant whose Employment Agreement, as in effect immediately prior to the Participant’s termination of employment with the Company and its U.S. Affiliates, provides for payment of severance in connection with a termination of employment by the Participant for “good reason”, as defined in the Employment Agreement.
Group I Participant means each senior management employee of a Participating Company who (i) is on the U.S. payroll, and (ii) as of the Change of Control Date is classified by the Company in its personnel records as a Senior Vice President (or any more senior role) of the Participating Company.

Examples of Group I Participant in a sentence

  • The TIF was floated to fund it, but TIF is a political issue so no one knows anything about it.-Focus Group I Participant Given this woeful lack of information on TIF, the focus group sessions conducted as part of this study were used to educate interested participants.

  • If you are a Group I Participant, when you leave, your monthly benefit from the Plan will be based on your years of Credited Service and your Final Average Earnings minus the Primary Social Security Benefit offset.

  • A safeguarding concern refers to concerns about the safety of a child or young person which is currently being managed and addressed through existing support systems.

  • However, on the Effective Date you will cease to be a Group I Participant and will become a Group II Participant in the CIC Plan by virtue of your ceasing to be a member of Amgen's Operating Committee.

  • If you attain eligibility as a Group I Participant, you will return to being eligible as a Group III or Group V participant when you re-retire.


More Definitions of Group I Participant

Group I Participant means any Participant that is a Senior Vice-President of the Company, the General Counsel of the Company or that is otherwise determined to be a Group I Participant by the Compensation Committee.
Group I Participant means an individual designated as such in Appendix A.
Group I Participant means each senior management employee of a Participating Company who (i) is on the U.S. payroll, (ii) is not a party to any other retention and/or severance agreement with the Participating Company Group that is not otherwise waived in accordance with Section 2.10 and (iii) as of the Change of Control Date is classified by the Company in its personnel records as a Senior Vice President (or any more senior role) of the Company.
Group I Participant means each senior management employee of a Participating Company who (i) is on the U.S. payroll, (ii) is not a party to any other retention and/or severance agreement with the Participating Company Group that is not otherwise waived
Group I Participant means the Chief Executive Officer of the Company on the Change of Control Date, so long as he is not a party to any other retention and/or severance agreement with the Participating Company Group that is not otherwise waived in accordance with Section 3.9.
Group I Participant means the chief executive officer of the Company. Without the written consent of the affected Participant, in the event of a Change of Control, a Participant who otherwise qualifies as a Group I Participant as of the Closing Time cannot thereafter be removed as a Group I Participant during the Protection Period.
Group I Participant means the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer of the Company.