Participating Executives definition

Participating Executives means the Company’s “disqualified individuals” (within the meaning of Section 280G of the Code), that are parties to an effective employment agreement with the Company (including Executive) providing for the same or similar rights and/or benefits as are set forth in this Section 9(a). Notwithstanding any provision herein to the contrary, the Company may at any time and from time to time prior to a Change in Control increase the number of Participating Executives.
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Participating Executives has the meaning set forth in Section 6.6.
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Participating Executives has the meaning given to it in the Management Bonus Scheme;
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Examples of Participating Executives in a sentence

  • For each Performance Period, the Committee shall select, at the time the Performance Criteria and Performance Targets are determined, the Participating Executives.

  • Approved bonus awards shall be payable by the Company in cash to each Participating Executive, or to the Participating Executive's estate in the event of the Participating Executive's death, as soon as practicable after the end of each Performance Period.

  • Prior to or at the time performance objectives are established for a Performance Period, as defined below, the Committee shall designate in writing the Participating Executives for that Performance Period.

  • In the case of multiple Primary Beneficiaries, on the death of one such Primary Beneficiary the payment of which would otherwise be paid to such Primary Beneficiary but for the Primary Beneficiary's death shall be paid to the other Primary Beneficiaries unless the Participating Executive's Election Form provides for a different disposition.

  • The Company shall deduct from the Participating Executive's Compensation that is not deferred pursuant to this Plan, any amounts it is required to withhold under any state, federal or local law for taxes or other charges relating to the Stock Grant Deferred Compensation.

  • As part of this process, portions of a sub-slab venting/depressurization system were installed.

  • The Participating Executive's Deferral Account shall be credited with the same number of Phantom Shares as the number of shares of Company Stock that the Participating Executive elects not to receive pursuant to the Participating Executive's Election Form.

  • A Participating Executive's Deferral Account shall not constitute or be treated as a trust fund of any kind or give any Participating Executive any right to any of the assets of the Company other than as a general creditor of the Company.

  • The Participating Executive's Bonus Compensation and Stock Grant Compensation otherwise payable during the Deferral Period shall be reduced respectively by the amount of the Executive's Bonus Deferred Compensation and Stock Grant Deferred Compensation.

  • If all of the Primary Beneficiaries die before the Participating Executive or before receiving all the payments due to such Primary Beneficiary pursuant to this Plan, then the remaining payments shall be paid to the Secondary Beneficiary designated by the Participating Executive and, if none, to the legal representatives of the Participating Executive's estate.

Related to Participating Executives

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Key Executives means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxxxx, jointly and severally.

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

  • 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.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

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

  • Participating Company means the Company or any Parent Corporation or Subsidiary Corporation.

  • Participating public employer means a public employer as defined in ORS 238.005 that

  • Executives has the meaning set forth in Section 12.2(a).

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

  • 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.

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

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • 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.

  • Comparable Employment means employment on terms which provide (a) the same or greater rate of base pay or salary as in effect immediately prior to Executive’s termination, (b) the same, equivalent or higher job title and level of responsibility as Executive had prior to Executive’s termination, (c) equivalent or higher bonus opportunity as the bonus opportunity for the year preceding the year in which the termination occurs, and d) a principal work location that is both (i) no more than forty-five (45) miles from Executive’s principal work location immediately prior to Executive’s termination and (ii) no more than thirty (30) miles farther from Executive’s principal weekday residence than was Executive’s principal work location immediately prior to the termination.

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • the Executive means the Health and Safety Executive;

  • Female employee means an employed female who is pregnant or is caring for a child she has borne or a child who has been placed with her for adoption purposes.

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • 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.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Comparable Employee means as defined in Regulation 5(4) of the AWR being an employee of the Hirer who:

  • Participating student means a student who has been determined to be