Management Participant definition

Management Participant means a director or officer of Members Mutual.
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Management Participant means an employee of the Company entitled to a bonus payment pursuant to the Brix Networks, Inc. Management Incentive Plan.
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Management Participant means an individual who is, as of the date hereof, an officer or employee of the Company or a Subsidiary and who continues to be an officer or employee of the Company or a Subsidiary as of the date of the Transfer (other than, in the case of a Transfer of Common Stock or Junior Preferred Stock back to MW or the Company). The terms of any Transfer described in this Section 2.7 shall be set out in a separate agreement (a “Separate Agreement”) between the Executive Stockholder and MW, which may contain such voting provisions, rights of first refusal, rights of first offer, call rights and other provisions governing Transfers of Common Stock and Junior Preferred Stock between MW and the other Executive Stockholder as they mutually agree; provided, that the terms of any such Separate Agreement shall be reasonably satisfactory to GEI. MW shall provide the Company and GEI with a copy of any such Separate Agreement. The Transfer provisions of the Separate Agreement shall take precedence over the provisions of Article III and Article IV hereof; provided, that (x) no such provisions shall provide for any Common Stock or Junior Preferred Stock to be Transferred to any person other than an Executive Stockholder who is or becomes party to this Agreement and (y) if an Executive Stockholder does not exercise its rights pursuant to such Separate Agreement, then the provisions of this Agreement shall apply to any proposed Transfer by any Executive Stockholder. In the event that a Separate Agreement does not contain provisions relating to voting, rights of first refusal, rights of first offer, call rights and other provisions governing Transfer of Common Stock and Junior Preferred Stock between MW and the relevant Executive Stockholder, the parties to such Separate Agreement may request that the Company and the other Stockholders amend this Agreement to include such provisions, and the Company, the Executive Stockholders and the GEI Parties shall use commercially reasonable efforts to effect such amendments hereto; provided, that such amendments are reasonably satisfactory to GEI and are not inconsistent with the provisions of this Section 2.7.
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Examples of Management Participant in a sentence

  • In order for a nonresident alien or foreign entity to qualify as exempt, such person must submit a completed Form W-8, “Certificate of Foreign Status” signed under penalties of perjury attesting to such exempt status.

  • Such penalty amount shall for all purposes be deemed canceled and not paid to the System Management Participant.

  • Notwithstanding an irrevocable Deferral Election (including any Successive Deferral Election), if a System Management Participant dies, all of System Management Participant's outstanding Deferral Receipt Dates shall be accelerated, and the entirety of System Management Participant's Deferred Amounts (net of any amounts required to be withheld for federal and state income tax) shall be paid in accordance with the terms of this Plan to any Beneficiary.

  • The Discretionary Bonus Multiplier for each Management Participant shall be based on the achievement of such individual performance levels, whether or not with respect to Corporate Priorities, as the Committee shall designate, which may include the achievement of one or more individual levels of performance or any combination of individual performance levels as the Committee may select.

  • In addition, no provision of this Plan may be modified, waived, or discharged during the two-year period commencing on the date of a Potential Change in Control, unless such modification, waiver, or discharge is agreed to in writing and signed by the affected System Management Participant and by the Committee.

  • Notwithstanding Section 12.6 to the contrary, Deferred Amounts that are deferred under the EDCP shall be paid to a System Management Participant in accordance with the terms of the EDCP.

  • Such a Tonelli Lagrangian violates the assertions of Theorems 1.1 and 1.3 in the energy range (0, 1/2) c [min E, e0(L)].

  • Schedule 1.3(d)(iii) sets forth the true and complete amount to which each Management Participant will be entitled as of the Effective Time pursuant to the Amended and Restated Certificate upon the consummation of the Merger in accordance with this Agreement.

  • Effective January 1, 2002, an O&R Management Participant may contribute up to 50% of his or her Compensation.

  • Additionally, notwithstanding any other provision of the Plan, a Management Participant’s Discretionary Bonus may be reduced, but not below zero (0), by the Committee if the Management Participant’s individual performance level for the Bonus Period, whether or not with respect to Corporate Priorities, falls below that expected of such Management Participant, regardless of achievement of any individual performance levels previously designated by the Committee.


More Definitions of Management Participant

Management Participant means a Participant who is not a member of a Union.
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Related to Management Participant

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • Study Participant means a person recruited to participate in the Study.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Other Participant means a cooperative project participant other than the United States.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.

  • Nonparty participant means a person, other than a party or mediator, that participates in a mediation.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Participants is defined in Section 12.2.1.