Level I Employee definition

Level I Employee means (a) the Chief Executive of the Company or (b) any Senior Vice President or Vice President of the Company.

Level I Employee means (a) the Chief Executive of the Parent, (b) any Group President of the Parent, or (c) any Senior Vice President or Vice President of the Parent.

Level I Employee means any Employee who is primarily compensated by commissions with at least three continuous years of service with the Employer as of the date of such Employee’s Qualifying Termination.

Examples of Level I Employee in a sentence

• Each Eligible Level I Employee who incurs a Severance will be entitled to a one-time cash payment equal to two times (2x) the sum of (x) such employee's annual base salary in effect immediately prior to the Severance Date, and (y) the average performance bonus earned with respect to the most recent three fiscal years of the Company ending before the fiscal year in which the Severance Date occurs (i.e., payment = 2x [annual base salary + average performance bonus earned in 3 most recent fiscal years]).

• The Employee will be entitled to participate in the Employer's deferred compensation program as a Level I Employee.

• The requested party may decline a request for information if the information is requested by the requesting party to administer or enforce a provision of the tax law of the requesting party, or any requirement connected therewith, which discriminates against a citizen of the requested party as compared with a citizen of the requesting party in the same circumstances.

• Executive Special Severance Plan (the "Special Severance Plan") as a Benefit Level I Employee and, in the event of the termination of the Executive's employment following a "Change in Control," as defined in the Special Severance Plan, the Executive shall be entitled to such additional payments and benefits as may be provided under the Special Severance Plan.

• Each Eligible Level I Employee who incurs a Severance will be entitled to a one-time cash payment equal to two times (2x) the sum of (x) such employee's annual base salary in effect immediately prior to the Severance Date, and (y) the employee’s target annual cash performance bonus for the year in which the Severance Date occurs, assuming Company and individual performance at 100% of target.

More Definitions of Level I Employee

Level I Employee means an executive serving as a Vice President or above whom the Plan Administrator does not designate as a Level II Employee, excluding the CEO and Level III Employees.

Level I Employee means an Employee who has the title of (i) President of the AnnTaylor Stores, LOFT or AnnTaylor Factory divisions of the Company, or (ii) Executive Vice President of the Company or any direct or indirect subsidiary of the Company.

Level I Employee means any full-time employee of the Company or its subsidiaries with the job level immediately prior to a change in control of: E4, E5 or EX.

Level I Employee means an executive serving as a Vice President or above, excluding the CEO and Level II Employees.

Level I Employee means an Employee whose name is set forth on Exhibit A attached hereto.

Level I Employee means an Employee who has the title of ---------------- Executive Vice President of the Company or any direct or indirect subsidiary of

Level I Employee means each person listed as a "Level I Employee" on Schedule 12.2(a)(3).