Key Employee definition

Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

Key Employee means an employee of an employer who is responsible for policy and decision making.

Key Employee means any of Xxxxx Xxxxx Angle, Xxxxx Xxxxxx and Xxxxxxxx Xxxxxx.

Examples of Key Employee in a sentence

• Each current and former Key Employee has executed a non-solicitation agreement substantially in the form or forms delivered to the Purchaser or their respective counsel.

• No current or former Key Employee has excluded works or inventions from his or her assignment of inventions pursuant to such Key Employee’s Confidential Information Agreement.

• The Company and each Key Employee shall enter into Non-Solicitation and Non-Competition Agreements in a form approval by the Purchaser.

• This restriction shall not apply to any Key Employee (i) whose employment has been terminated by the employer other than for cause, three (3) months following such termination or (ii) who response to any public recruitment advertisement placed by or on behalf of a Person in respect of which the procurement undertaking of Axcel in this Clause 17.6 applies.

More Definitions of Key Employee

Key Employee means an Employee, Director, Non-Employee Director or Consultant who has been selected by the Committee to receive an Award under the Plan.

Key Employee means an Employee as defined in Code Section 416(i) and the Regulations thereunder. Generally, any Employee or former Employee (as well as each of his Beneficiaries) is considered a Key Employee if he, at any time during the Plan Year that contains the "Determination Date" or any of the preceding four (4) Plan Years, has been included in one of the following categories:

Key Employee means any employee or former employee (including any deceased employee) who at any time during the Plan year that includes the determination date was an officer of the Company having annual compensation greater than $130,000.00 [as adjusted under Code Section 416(i)(l)] for Plan years beginning after December 31, 2002, a five percent (5%) owner of the Company or a one percent (1%) owner of the Company having annual compensation of more than $150,000.00. For this purpose, annual compensation means compensation within the meaning of Code Section 415(c)(3). The determination of who is a key employee will be made in accordance with Code Section 416(i)(l) and the applicable regulations and other guidance of general applicability issued thereunder.

Key Employee means an employee who, at any time during the 12-month period ending on the identification date, is a “specified employee” under section 409A of the Code, as determined by the Compensation Committee or its delegate. The determination of Key Employees, including the number and identity of persons considered specified employees and the identification date, shall be made by the Compensation Committee or its delegate in accordance with the provisions of section 409A of the Code and the regulations issued thereunder.

Key Employee means an employee who satisfies the conditions set forth in Section 9.6.

Key Employee means Xxxxxx X. Xxxxx.

Key Employee means an employee who is: