Tier III Participants definition

Tier III Participants means the Vice President, External Affairs & Communications, the Vice President, Investor Relations & Strategy, the Director, Global Operations and the Corporate Controller of the Company, and any other employees of the Company or an Affiliate designated by the Committee as Tier III Participants.
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Tier III Participants means all Senior Vice Presidents and the Corporate Secretary, in each case, who are not otherwise Tier II Participants.
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Tier III Participants means the Participant(s) identified as such on Exhibit A.
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Examples of Tier III Participants in a sentence

  • The Committee shall have full power and discretionary authority to determine eligibility to participate in the Plan, to designate Participants as Tier I Participants, Tier II Participants and Tier III Participants, to determine eligibility to receive Plan benefits and to construe and interpret the terms of the Plan.

  • For Tier III Participants, 24 for a Termination After a Reduction in Force or Other Restructuring, and 30 for a Termination After a Change in Control or a Successor's Failure to Assume This Plan After a Change in Control.

  • Without the prior written consent of the Company, during the term of this Plan, and for a period of time equal to the period of time Severance Benefits are based upon (e.g. one (1) year for Tier 1; nine (9) months for Tier II; six (6) months for Tier III) Participants shall not, as an employee or an officer, engage directly or indirectly in any business or enterprise which is “in competition” with the Company or its successors or assigns.

  • In addition, with respect to participation in the Program of anyone other than a Tier I Participant, the Program Committee may delegate any of its authority and responsibilities, subject to Program Committee review and to the extent permitted by law, to any officer or committee of officer(s) of the Company, including, but not limited to the delegation to the Chief Executive Officer of the authority to designate Employees as Tier II and Tier III Participants.

  • The terms of the Plan are as set forth in the forms ----------------- of Agreement attached to this Plan, with Form IA applicable to Tier IA Participants, Form I applicable to Tier I Participants, Form II applicable to Tier II Participants and Form III applicable to Tier III Participants.

  • Executive Change of Control Severance Program officer(s) of the Company, including, but not limited to the delegation to the Chief Executive Officer of the authority to designate Employees as Tier II and Tier III Participants.

  • Participant" shall mean each of the Tier I Participants, the Tier II Participants, the Tier III Participants and the Tier IV Participants.

  • The terms of the Plan are as set forth in the forms of ----------------- agreement attached to this Plan, with Form IA applicable to Tier IA Participants, Form I applicable to Tier I Participants, Form II applicable to Tier II Participants and Form III applicable to Tier III Participants.

  • The terms of the Plan are as set forth in the forms of ----------------- Agreement attached to this Plan, with Form IA applicable to Tier IA Participants, Form I applicable to Tier I Participants, Form II applicable to Tier II Participants and Form III applicable to Tier III Participants.

  • The “Severance Multiplier” is determined as follows: (1) for Tier I Participants, the Severance Multiplier is equal to twelve (12); (2) for Tier II Participants, the Severance Multiplier is equal to (A) six (6) for an Involuntary Termination and (B) nine (9) for a Change in Control Termination; and (3) for Tier III Participants, the Severance Multiplier is equal to (A) six (6) for an Involuntary Termination and (B) nine (9) for a Change in Control Termination.

Related to Tier III Participants

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Participants is defined in Section 12.2.1.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • 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 Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Administrative employee means an employee who normally supervises persons engaged in office administration, construction, security or maintenance work who are represented by another trade union. This definition includes employees who share a community of interest with “supervisors”.

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Designated Employees means a person occupying any of the following position in the Company: