THE EXECUTIVE THEREFORE. AGREES AS FOLLOWS:
the Executive means the Health and Safety Executive;
Executive means the individual named in the first paragraph of this Agreement.
The Consultant means the person, partnership or company with whom this Contract is placed.
Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.
Executive session means any meeting or part of a meeting of a governing body which is closed to certain persons for deliberation on certain matters.
Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.
Named Executive means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.
Executive Employee means those employees of the Company of Grade Level 10 or above.
Scope of employment means performance by an employee acting in good faith within the duties of the employee’s office or employment or of tasks lawfully assigned by a competent authority including the operation or use of an agency vehicle or equipment with actual or implied consent of the supervisor of the employee, but shall not include corruption or fraud;
Executive Chairman means the Executive Chairman of the Board.
Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.
The Employee means the Executive Manager appointed in terms of Section 56 of the Systems Act;
Executive Member means any elected member of the authority appointed to the executive of that authority;
Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.
TSC means Thornburg Securities Corporation.
Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.
Period of Employment shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.
Executive manager means an individual employed by a new motor vehicle dealer in an executive capacity and who has a written employment agreement with the dealer that includes a right for the executive manager to purchase a controlling interest in the dealership at a future time or on the death or incapacity of the dealer.
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.
Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.
Employment Period has the meaning set forth in Section 2.01.
Executive Management means the CEO and the CFO for purposes of administering this Plan.