Named Executive definition

Named Executive means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.

Named Executive means any individual who is a covered employee pursuant to Section 162(m) of the Code.

Named Executive means any individual who, on the last day of the Company's fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four highest compensated officers of the Company (other than the chief

Examples of Named Executive in a sentence

• The “golden parachute” compensation payable to these individuals is subject to a non-binding advisory vote of Asensus stockholders, as described in –“Non-Binding Advisory Vote on Merger Related Compensation to our Named Executive Officers”.

• No Loan Party has any legally binding commitment to or any intention to, adopt or enter into any additional compensation arrangement for the benefit of any Named Executive Officers and Directors.

• Seller shall not, without the consent of the Director, in consultation with the Secretary of the Treasury, enter into any new compensation arrangements with, or increase amounts or benefits payable under existing compensation arrangements of, any Named Executive Officer or other Executive Officer of Seller.

• No management incentive plan, or equity, equity-based, and/or cash incentive plan or similar arrangements or agreements, in each case, for Named Executive Officers and Directors, have been approved, adopted, amended, modified or ratified by any Loan Party and no Loan Party has discretionarily accelerated vesting under any such plan since April 4, 2024 or in accordance with the requirements in Section 7.8(i).

• No key employee agreement, director compensation arrangement, severance agreements or employee retention plans, in each case, with respect to Named Executive Officers and Directors, have been approved, adopted, amended, modified or ratified by any Loan Party since April 17, 2023 or in accordance with the requirements in Section 7.8(i).

More Definitions of Named Executive

Named Executive means any individual listed on Exhibit A except to the extent the individual had a termination of employment not less than 120 days prior to the applicable event potentially constituting a Change of Control and any other employee or officer of the Company designated by the Board and who is a party to an agreement substantially in the same form as this Agreement (with variation in the amount of compensation and benefits payable under the agreement) and entered into by the employee or officer not less than 120 days prior to the applicable event potentially constituting a Change of Control.

Named Executive or “NEO” means each of the following individuals:

Named Executive means an Employee who is a “covered employee” under Section 162(m)(3) of the Code.

Named Executive means any individual who, on the last day of the --------------- Company's fiscal year, is the chief executive officer of the Company (or is acting in such

Named Executive means a person whose compensation from the Company is, or is deemed materially likely by the Committee to be, subject to the limitation on deductibility set forth in Code Section 162(m).

Named Executive means the individual party to an agreement with the Company regarding the settlement of such individual's Legacy RSUs with Company Shares held by the Share Trust;

Named Executive means the persons serving as CEO and the four highest paid officers of the Company other than the CEO as of the last day of the Company’s fiscal year.