New Participant definition

New Participant means an individual (other than an Existing Participant and an Officer Participant) who is employed by an Employer in a position evaluated in Career Band 6 or above or in a position comparable to a position in Career Band 6 or above, all as determined by the Plan Administrator in his or her sole discretion.
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New Participant means a person who: (a) became a Participant on or after May 14, 1999; or (b) became a Participant prior to such date but has agreed in writing to be considered a New Participant.
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New Participant means any person who becomes a party to this Deed as a “New Participant” by signing a Deed of Adherence in accordance with clause 5 (New Participants);
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Examples of New Participant in a sentence

  • New Participants (each a "New Participant") who enter the Consortium may, at the discretion of the Board of Directors, be assessed a fee for additional financial costs above and beyond the premium contributions to the Medical Plan(s).

  • Any such additional financial obligations and any related terms and conditions associated with membership in the Consortium shall be determined by the Board and shall be disclosed to the New Participant prior to its admission.

  • In the event that the Service Provider’s proposal is accepted by the New Participant, the Service Provider and the New Participant shall execute a Services Agreement in the form set out in Section III, to which shall be annexed the relevant Schedules, supplemented where necessary by any specific requirements of the Participating Organisation.


More Definitions of New Participant

New Participant has the meaning set forth in Section 2.04.
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New Participant means each Participant who begins participation in the Plan on or after January 1, 2001. A New Participant may begin participation in the Plan only as of the first day of a Plan Year.
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New Participant has the meaning given to it in clause 5.1 of this Agreement.
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New Participant has the meaning specified in Section 2.24(c).
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New Participant means, except as further defined in Part II, an individual (other than an Existing Participant and an Officer Participant) who is employed by an Employer in a position evaluated in Career Band 6 or above or in a
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New Participant means each Participant who begins participation in the Plan on or after the Effective Date. The Committee shall determine the date as of which an individual shall become a New Participant or such other date not earlier than the later of the Effective Date or the last day of the year prior to the year in which such person became an employee of the Company.
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New Participant means a Director who is not already a Participant and is not already eligible to participate in any other nonqualified deferred compensation plan of the account balance type sponsored by the Company who becomes a Participant for the first time during a Plan Year.
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