Key Associate definition

Key Associate means an employee of the Company or any Subsidiary, including an officer of the Company or a Subsidiary, in a managerial or other important position who, by virtue of such employee’s ability, qualifications and performance, has made, or is expected to make, important contributions to the Company or its Subsidiaries, all as determined by the Committee in its discretion.

Key Associate means an officer or other key associate of the Company or its Subsidiaries who, in the opinion of the Committee, can contribute significantly to the growth and profitability of, or perform services of major importance to, the Company and its Subsidiaries. “Key Associates” includes Directors who are also associates of the Company or its Subsidiaries.

Key Associate means (i) any individual who is an Associate, (ii) a member of the Board of Directors, including (without limitation) an Outside Director, or an affiliate of a member of the Board of Directors, a member of the Board of Directors of a Subsidiary and (iv) a Consultant. Service as a member of the Board of Directors, a member of the board of directors of a Subsidiary or as a Consultant shall be considered employment for all purposes of the Plan.

Examples of Key Associate in a sentence

• Bank of America sponsors the Bank of America Corporation 2003 Key Associate Stock Plan (the “Stock Plan”).

• Participation in the Plan shall not give any Key Associate or Director any right to be retained in the service of the Company or any of its Subsidiaries.

• Key Associate Annual Compensation Plan, as amended (or any such successor plan, hereinafter, “Bonus Program”) for the fiscal year beginning January 30, 2005 and for each subsequent fiscal year during the Term of this Agreement.

• No Key Associate or Director who receives an Award shall have rights as a shareholder of the Company prior to the date Shares are issued to the Participant pursuant to the Plan.

• The establishment of the Plan shall not confer upon any Key Associate or Director any legal or equitable right against the Company, a Subsidiary or the Committee, except as expressly provided in the Plan.

More Definitions of Key Associate

Key Associate for any Performance Period, shall mean (i) a Senior Officer designated by the Committee to participate in the Plan or otherwise included in the employee grade levels set forth in the definition of "Target Award Percentage" (defined below), and (ii) each other Employee designated by the Administrator to participate in the Plan; and who meets the eligibility requirements described in Section 3 below. Notwithstanding the foregoing, no Employees of Integra California, Inc., Miltex Holdings, Inc. (and any subsidiary thereof) and Integra Radionics, Inc., and no member of any sales force of the Employer who, as part of his or her compensation, receives commission payments, shall be a "Key Associate."

Key Associate for any Performance Period, shall mean an Employee who is designated by the Committee as eligible to participate in the Plan and meets the eligibility requirements described in Section 3 below.

Key Associate means a "Key Employee" as defined in Section 416(i)(1) and (5) of the Code and Regulations promulgated thereunder.

Key Associate means an officer or employee of the Company or of its Subsidiaries (including any corporation which becomes a Subsidiary after the adoption of the Plan by the Board) who, in the opinion of the Committee, can contribute significantly to the growth and profitability of, or perform services of major importance to, the Company and its Subsidiaries. The term includes a Director who is also an officer or employee of the Company or its Subsidiaries.

Key Associate means (i) any individual who is a common-law Associate of the

Key Associate means any Associate designated by the Committee as a key associate who performs a significant policy-making function for the Corporation, including without limitation members of the Corporation’s Executive Committee and those officers of the Corporation designated by its Board of Directors as officers for purposes of Section 16 of the Exchange Act.

Key Associate means a “key employee” as defined in Section 416(i) of the Code.