Tier II Employee definition

Tier II Employee means any Executive Vice President of the Company.

Tier II Employee means (a) each employee of the Company or a Subsidiary thereof who participated in the Plan as a Tier II Employee as of immediately prior to the Effective Date and who has not waived in writing the right to continue to participate in the Plan, and (b) each other employee of the Company or any Subsidiary thereof who is designated by the Committee as eligible to participate in this Plan as a Tier II Employee.

Tier II Employee means (a) each Executive Vice President of the Company as of May 14, 2019 who has not waived in writing the right to participate in this Plan, and (b) each other employee of the Company or any Subsidiary thereof who is designated by the Committee as eligible to participate in this Plan as a Tier II Employee.

Examples of Tier II Employee in a sentence

• Subject to Section 3.7 and Section 5 hereof, each Tier I Employee, Tier II Employee, Tier III Employee and Tier IV Employee who incurs a Severance during the Change in Control Protection Period shall be provided with outplacement services as if such employee had been terminated prior to the Change in Control Protection Period and had been entitled to receive outplacement benefits pursuant to the applicable provisions of Section 2 hereof (determined without regard to any service requirement).

• Each Tier I Employee, Tier II Employee, and Tier III Employee shall be a Participant.

• Each Employee shall be designated in writing by the Committee as either (i) the Chief Executive Officer, (ii) a Tier I Employee or (iii) a Tier II Employee.

• A Tier I Employee, Tier II Employee, or Tier III Employee, as applicable, unless otherwise designated by the Plan Administrator pursuant to Section 2.02.

• The Company and each Subsidiary that employs a Tier I Employee or Tier II Employee shall be participating employers of the Plan.

More Definitions of Tier II Employee

Tier II Employee means (i) the Chief Financial Officer, the President and Chief Operating Officer, the General Counsel and the head of Corporate Development for the Company, and (ii) any such other officer (other than an assistant officer) of the Company as the Committee determines.

Tier II Employee means any Eligible Employee included within the classification of a Tier II Employee as set forth on Exhibit A hereto.

Tier II Employee means an Eligible Employee in Pay Grades 13 through 16, determined as of the Severance Date, or any other Eligible Employee designated by the Company as a Tier II Employee.

Tier II Employee means any corporate officer (other than an assistant officer) of the Company as the Committee determines, which employee is not a Tier I Employee.

Tier II Employee means any Eligible Employee who prior to a Change in Control was identified by the Company as an SVP or otherwise designated as a Tier II Employee by the CEO or President.

Tier II Employee means an employee of the Company or any Affiliate that is a member of the Company’s Executive Leadership Team and is designated by the Compensation Committee as a Tier II Employee for purposes of the Plan.

Tier II Employee means those senior executives of the Company Group who report directly to the Chief Executive Officer and who are designated at the Effective Date by Covanta as Tier II Employees for purposes of the Plan.