Salaried Members definition

Salaried Members means, collectively, all salaried/non-USW Employees and retirees of the Wabush CCAA Parties or any person claiming an interest under or on behalf of such former employees or pensioners and surviving spouses, or group or class of them (excluding any individual who opted out of representation by the Salaried Members Representatives and Salaried Representative Counsel in accordance with the Representative Court Order, if any);
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Examples of Salaried Members in a sentence

  • Pursuant to the OPEB/Other Employee Claims Settlements, the Salaried Members Representatives, on behalf of themselves and the Salaried Members, and the USW, on behalf of itself and the USW Members, have each acknowledged and agreed that for the purposes of the Plan, no Salaried Member or USW Member, respectively, has an Employee Priority Claim, subject only to the Pay Equity Priority Claim.

  • Further cost orders were issued throughout the CCAA proceedings as the work required to represent the Salaried Members continued.

  • In that regard they are a step further than the preceding forms of actions.

  • On June 29, 2018, after extensive negotiations with creditors, including the Salaried Members, an Amended and Restated Joint Plan of Compromise and Arrangement was reached between the Wabush CCAA Parties and their creditors, which was approved by the Court (the “ CCAA Plan”).

  • The vast majority of the Salaried Members are retired and elderly individuals.

  • Representative Counsel also functions as a single point of representation and contact for the 690 Salaried Members, thus streamlining the CCAA process and generating costs savings.

  • The Salaried Members thus became major creditors of the Wabush CCAA Parties.

  • It should be noted that this guidance only relates to the treatment of amounts under the rules relating to treatment of Salaried Members.

  • Assess whether the LLP has any individual members who might be regarded as Salaried Members.

  • Advising the Salaried Members and dealing with Morneau Shepell (the replacement administrator appointed for the Salaried Pension Plan and the USW Pension Plan) with respect to the annuity purchase process for pension plan wind- up.

Related to Salaried Members

  • Board Members means the Directors or Trustees of the governing body of the Fund, as the case may be.

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Retired member means any former member receiving a retirement allowance or any former member who has filed the necessary documents for retirement benefits and is no longer contributing to the retirement system;

  • Members means all such Persons.

  • Qualified Member means a member of the Committee who is a “Non-Employee Director” within the meaning of Rule 16b-3(b)(3) and an “outside director” within the meaning of Regulation 1.162-27 under Code Section 162(m).

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Class A Members means those Members who have purchased Class A Interests.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

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

  • Team Members means the members of the Team, jointly and severally;

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors who (i) was a member of such Board of Directors on the date of the Agreement or (ii) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of such nomination or election.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Continuity Directors means those members of the Board who either (A) were directors at the beginning of such consecutive 24 month period, or (B) were elected by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing Board; or

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Company Director means a member of the Board.

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