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

• Subsequently, there will be an additional increase equal to one-half (½) of the Agency’s increase in the PERS Normal Cost Rate for Tier I Employees on July 1 of each subsequent fiscal year up to a maximum additional contribution of 0.5% for each Tier 1 Employee for each fiscal year during the term of the Memorandum of Understanding.

• In May 2020, we amended the Severance and Change in Control Plan to clarify the definitions of Change in Control and Good Reason, and to establish that our General Counsel is included as a Tier 1 Employee under the Plan.

• Then report the uncollected Tier 1 Employee tax, Tier 1 Employee Medicare tax, Tier 1 Employee Additional Medicare Tax withholding, and Tier 2 Employee tax on tips on line 14.

• Collect the Tier 1 Employee Additional Medicare Tax withholding on compensation and tips that exceed $200,000 for the calendar year.An employee must furnish you with a written (or electronic) statement of cash tips, signed by the employee, showing (a) his or her name, address, and social security number; (b) your name and address; (c) the month or period for which the statement is furnished; and (d) the total amount of cash tips.

• For example, the lookback period for calendar year 2022 is calendar year 2020.Use the table below to determine which deposit schedule to follow for 2022.Stop collecting the Tier 1 Employee tax when his or her compensation and tips for tax year 2021 reach $142,800.IF you reported taxes (Form CT-1, line 19) for theTHEN for 2022 you’re a...Collect the Tier 1 Employee Medicare tax for the whole yearon all compensation and tips.

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 any employee of the Employer who is designated by the Board as a “Tier 1 Employee” on Exhibit B.