New Eligible Employee definition

New Eligible Employee means an employee of the Company who becomes an Eligible Employee on or after January 11, 2013; provided, however, that any Participant who was an Eligible Employee while in the employ of Old LMC prior to January 11, 2013 will not be considered a New Eligible Employee by reason of becoming an employee of the Company as a consequence of the 2013 Spin-Off.
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New Eligible Employee means an employee of the Company who becomes an Eligible Employee after January 1, 2009.
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New Eligible Employee means an Eligible Employee who is employed by any Group Company within a period of 5 (five) years after the Subscription Date;
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Examples of New Eligible Employee in a sentence

  • Any Initial Election by such New Eligible Employee for succeeding Plan Years shall be made in accordance with Section 3.2.

  • Any Initial Election by such New Eligible Employee for succeeding Plan Years shall be made in accordance with and Section 3.2.

  • The Plan Administrator shall have the right to designate a New Eligible Employee to participate in this Plan and shall determine the Allocation Percentage for any such New Eligible Employee.

  • A New Eligible Employee shall have the right to participate in the Plan as a "Participant" with all the rights and obligations of a Participant hereunder.


More Definitions of New Eligible Employee

New Eligible Employee means an employee of the Company who becomes an Eligible Employee on or after January 1, 2007.
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New Eligible Employee means either (i) an employee of the Company who becomes an Eligible Employee after December 29, 2017 or (ii) an employee of a Participating Company who becomes an Eligible Employee for the first time with respect to the Plan after the date the Participating Company has adopted the Plan.
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New Eligible Employee means an employee whose 90th consecutive day of employment for the employer occurred during the reporting period immediately preceding the current reporting period.
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New Eligible Employee means an employee of the Company who becomes an Eligible Employee on or after September 24, 2011; provided, however, that any Participant who became an Eligible Employee while in the employ of Old Liberty on or prior to September 23, 2011 will not be considered a New Eligible Employee by reason of becoming an employee of the Company as a consequence of the Split-Off.
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New Eligible Employee means an Employee hired after January 31, 1996 meeting the requirements in Section 5(a) and designated by the Plan Administrator to be a Participant.
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Related to New Eligible Employee

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • 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 employer means an employer that:

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Non-Key Employee means any Employee who is not a Key Employee.

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

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Key Executive means an employee of a Textron Company who has been and continues to be designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief Human Resources Officer.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • 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).

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

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

  • 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.

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

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

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

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Prospective employee means any individual who has committed to become an employee of the Company within sixty (60) days from the date an Award is granted to such individual.

  • 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.