Section 16(b) Officer definition

Section 16(b) Officer means an officer of the Company who is subject to the short-swing profit recapture rules of section 16(b) of the 1934 Act.
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Section 16(b) Officer means a person who is an officer of the Company within the meaning of Section 16(b) of the Exchange Act and the rules and regulations promulgated thereunder.
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Examples of Section 16(b) Officer in a sentence

  • All authority with respect to the grant, amendment, interpretation and administration of grants and awards of restricted stock and restricted stock units with respect to any Eligible Employee who is either (x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement Compensation Table) or (y) is a Section 16(b) Officer, is reserved to the Committee.

  • You will also be entitled to participate in the Change in Control Severance Plan as a Tier 1 executive and Section 16(b) Officer as well as the Management Severance Pay Plan as a Tier 1 executive, as such, plans may be modified or amended from time to time.

  • All authority with respect to the grant, amendment, interpretation andadministration of grants and awards of restricted stock and restricted stock units with respect to any Eligible Employee who is either(x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement Compensation Table) or(y) is a Section 16(b) Officer, is reserved to the Committee.

  • You will also be eligible to participate in the Change in Control Severance Plan as a Tier 1 executive and Section 16(b) Officer as well as the Management Severance Pay Plan as a Tier 1 executive, as such, plans may be modified or amended from time to time.

  • The Compensation Committee will make such determination with respect to the Chief Executive Officer and any Section 16(b) Officer; and it is expected that the Executive’s immediate supervisor will make the determination for any other Executive to which this Agreement is extended.

  • You will also be entitled to participate in the Change in Control Severance Plan as a Tier I executive and Section 16(b) Officer as well as the Management Severance Pay Plan as a Tier I executive, as such, plans may be modified or amended from time to time.

  • Eligibility to elect this form of benefit shall be limited to employees who will be at least age 62 and have 10 years of Service (as defined in the Pension Plan) when benefits are to be paid, and (A) if the employee is a Section 16(b) Officer, have approval of the Compensation Committee of the Board of Directors, or (B) if the employee is not a Section 16(b) Officer, have approval of the Chief Executive Officer of the Corporation or the Senior Vice President of Human Resources of the Corporation.

  • All authority with respect to the grant, amendment, interpretation and administration of Awards with respect to any Eligible Employee who is either (x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement Compensation Table) or (y) is a Section 16(b) Officer is reserved to the Committee.

  • You will also be entitled to participate in the Change in Control Severance Plan as a Tier I executive and Section 16(b) Officer as well as the Management Severance Pay Plan as a Tier I executive, as such plans may be modified or amended from time to time.

Related to Section 16(b) Officer

  • Executive Officer means, with respect to any corporation, the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, President, Executive Vice President, any Vice President, the Secretary or the Treasurer of such corporation; and with respect to any partnership, any general partner xxxxxxx.

  • Chief Officer means the Officer appointed by the Integration Joint Board in accordance with section 10 of the Act;

  • Administrative Officer means anyone designated at the college as being on the administrative staff, such as the President, Chief Academic Officer, Chief Student Services Officer, etc.

  • Officer means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder.

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

  • public officer means a person holding or acting in any public office;

  • Accounting Officer clause 65;

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.