Covered Employee

Example Definitions of "Covered Employee"
Covered Employee. A Participant designated by the Committee to receive an Award as qualified performance based compensation within the meaning of Code Section 162(m) and the regulations promulgated thereunder. Any Participant who is granted Qualified Performance Shares shall be deemed to be designated as a Covered Employee
Covered Employee. Means a person designated by the Committee as likely, with respect to a given calendar year, to be a "covered employee," within the meaning of section 162 of the Code. This designation generally is required at the time a Target Award Opportunity is granted.
Covered Employee. An "executive officer" of the Company within the meaning of Rule 3b-7 promulgated under the Exchange Act (or any successor rule)
Covered Employee. The same meaning as set forth in Section 162(m)(3) of the Code, as interpreted by Internal Revenue Service guidance promulgated thereunder, including IRS Notice 2007-49.
Covered Employee. A Participant designated by the Committee at or prior to the time an Award is granted to him or her hereunder who is or is likely to become a "covered employee" as defined in Code Section 162(m) and for whom such Award has been designated as a Performance-Based Award in accordance with Section 9
Covered Employee. An individual who is both (i) designated by the Committee as likely to be a 'covered employee' within the meaning of Section 162(m)(3) of the Code, and (ii) expected by the Committee to be the recipient of compensation (other than 'performance-based compensation' under Section 162(m)(3) of the Code) in excess of $1,000,000 for the tax year of the Company with regard to which a deduction for compensation paid to such Participant under the Plan would be allowed notwithstanding Section 162(m) of... the Code. View More
Covered Employee. For any Performance Cycle: (a) an Employee who: (i) as of the beginning of the Performance Cycle is an officer subject to Section 16 of the Exchange Act, and (ii) prior to determining Performance Objectives for the Performance Cycle pursuant to Section 9, the Committee designates as a Covered Employee for that Performance Cycle; provided that, if the Committee does not make the designation in clause (ii) for a Performance Cycle, all Employees described in clause (i) shall be deemed to be... Covered Employees for purposes of this Plan, and (b) any other Employee that the Committee designates as a Covered Employee for that Performance Cycle View More
Covered Employee. Each Full-Time Employee of the Company
Covered Employee. Means any employee of the Company, as such term is defined for purposes of Section 162(m)(3) of the Code, who shall be eligible for designation as a Covered Employee for Awards determined under this Plan.
Covered Employee. An employee who is, or who is anticipated to become, a covered employee, as such term is defined in Section 162(m) of the Code (or any successor section thereto).
All Definitions