Examples of System Management Level in a sentence
All System Management Level 1-4 Participants are considered restricted individuals and, as such, may trade in Entergy Corporation securities only during an open window period (and only if not in possession of material, non-public information).
This11 protection has proved increasingly critical as the number of individuals posting online, and the12 quantity of content they share and exchange, continues to skyrocket.
The principal office may be changed to another location in the State of California by resolution adopted by the Board.
If you have completed a minimum of twelve months of full-time employment at an eligible System Management Level during the Performance Period and you Retire, you will be eligible for a prorated portion of the applicable Achievement Level of Performance Units, based on your full months of participation and your System Management Level(s) during the Performance Period.
Notwithstanding anything to the contrary in Section 4(a) above or in the general description of exercise alternatives, as a System Management Level (“ML”) 1-4 Participant, you must maintain the applicable Target Stock Ownership Level reflected in the chart below, which level is expressed as a multiple of your base salary and is based on your ML.
If any change to a new System Management Level is effective on a date other than the first day of a calendar month, the number of Performance Units, if any, awarded to you with respect to the transition month will be calculated (i.e., prorated) based on your prior System Management Level.
If a Participant at System Management Level 1-4 exercises any Option granted on or after January 1, 2003, that Participant must retain at least 75% of the After Tax Net Profit in Common Stock until the earlier of 60 months from the date at which the Option is exercised or the termination of full-time employment within the System.
Notwithstanding anything to the contrary in Section 4(a) above or in the general description of exercise alternatives, as a System Management Level 1-4 Participant, you must maintain the applicable Target Stock Ownership Level in the chart below, which Level is expressed as a multiple of your base salary and is based on your System Management Level.
All System Management Level 1-4 Participants must maintain the applicable Common Stock Ownership Target Level in the chart below, which is expressed as a multiple of your base salary and depends on your System Management Level.
The Dividend Equivalents with respect to each awarded Performance Unit will be equal to only the dividends paid with respect to a share of Common Stock for the period of your participation in the Plan at an eligible System Management Level during the Performance Period.