Tier 1 Employee definition

Tier 1 Employee means any employee of the Employer who is in salary grade 26 or above (under the salary grade schedule of the Company on the Effective Date, with appropriate adjustment for any subsequent change in such salary grade schedule), at or subsequent to the time of the Change in Control.

Tier 1 Employee means the Chief Executive Officer of the Company, and any other employee of the Company or any of its Affiliates designated as such by the Plan Administrator in writing.

Tier 1 Employee means any employee of the Employer designated as such by a resolution of the Board.

Examples of Tier 1 Employee in a sentence

• Employee shall participate in the Company's Long Term Incentive Plans ("LTIP") and shall be deemed a "Tier 1 Employee" thereunder.

• Each Eligible Employee in the Plan who is a Tier 1 Employee or Tier 2 Employee who incurs an Involuntary Termination or a Good Reason Resignation (other than an Involuntary Termination or Good Reason Resignation that constitutes a Change in Control Termination) and who satisfies the conditions of Section 3.2 shall be eligible to receive the Severance Benefits described in the Plan.

• Each Eligible Employee who is a Tier 1 Employee, who incurs a Severance following a Hostile Change in Control, and who is a participant in the Goodyear Supplementary Pension Plan shall be credited with two additional years of Continuous Service (as defined in the Supplementary Pension Plan) for all purposes under such plan.

• The Tier 1 Employee and the Company shall each reasonably cooperate with the other in connection with any administrative or judicial proceedings concerning the amount of any Gross-Up Payment.

• Nathan Smith's compensation exceeded the $200,000 withholding threshold for Tier 1 Employee Additional Medicare Tax in November 2017.

More Definitions of Tier 1 Employee

Tier 1 Employee means any employee of the Employer listed on Schedule A attached hereto.

Tier 1 Employee means the Chief Executive Officer of the Company as set forth on Schedule 1 attached hereto.

Tier 1 Employee means the Chief Executive Officer of the Company and such other Eligible Employees who are approved for such classification by the Committee in its sole discretion.

Tier 1 Employee means any elected officer of the Employer, any employee who is eligible to participate in the Employer’s Executive Performance Plan (or any successor to such plan) and any other employee of the Employer designated as such by the Plan Administrator.

Tier 1 Employee means an Employee selected by the Committee and named on Exhibit A.

Tier 1 Employee means any Eligible Employee designated by the Plan Administrator as a Tier 1 Employee (as set forth on Exhibit A hereto).

Tier 1 Employee means the Chief Executive Officer of the Employer and any officer who is subject to Section 16 of the Exchange Act, and any other employee of the Employer as designated by the Company.