Covered Employees

Example Definitions of "Covered Employees"
Covered Employees. All Regular Full-Time Employees (both exempt and non-exempt) who are Executives, who experience a Covered Termination and who are not designated as ineligible to receive severance benefits under the Plan as provided in Section 5 hereof. For the avoidance of doubt, neither Temporary Employees nor Part-Time Employees are eligible for severance benefits under the Plan. An employee's full-time, part-time or temporary status for the purpose of this Plan shall be determined in good faith by the Plan... Administrator upon review of the employee's status immediately before termination. Any person who is classified by the Company as an independent contractor or third-party employee is not eligible for severance benefits even if such classification is modified retroactively. View More
Found in Dyne Therapeutics, Inc. contract
View All 5 Variations
Covered Employees. All Regular Full-Time Employees (both exempt and non-exempt) and any Part-Time Employee who are Executives, is designated as a Covered Employee by the Board, who hold the title of Vice President or higher, who experience a Covered Termination and who are not designated as ineligible to receive severance separation benefits under the Plan as provided in Section 5 hereof. For the avoidance of doubt, neither Temporary Employees nor and Part-Time Employees (who are not designated as Covered... Employees) are not eligible for severance separation benefits under the Plan. An employee's full-time, part-time or temporary status for the purpose of this Plan shall be is determined in good faith by the Plan Administrator upon review of the employee's status immediately before termination. Any person who is classified by the Company as an independent contractor or third-party third party employee is not eligible for severance separation benefits even if such classification is modified retroactively. retroactively View More
Found in Apellis Pharmaceuticals, Inc. contract
Covered Employees. All Regular Full-Time Full‐Time Employees (both exempt and non-exempt) non‐exempt) who are Executives, (i) Executives or (ii) otherwise designated by the Board or by an authorized committee to be a Covered Employee under this Plan, who experience a Covered Termination and who are not designated as ineligible to receive severance benefits under the Plan as provided in Section 5 hereof. For the avoidance of doubt, neither Temporary Employees nor Part-Time Employees are eligible for severance... benefits under the Plan. An employee's full-time, full‐time, part-time or temporary status for the purpose of this Plan shall be is determined in good faith by the Plan Administrator upon review of the employee's status immediately before termination. Any person who is classified by the Company as an independent contractor or third-party third party employee is not eligible for severance benefits even if such classification is modified retroactively. retroactively View More
Found in Editas Medicine, Inc. contract
Covered Employees. All Regular Full-Time Full‐Time Employees (both exempt and non-exempt) non‐exempt) who are Executives, (i) Executives or (ii) otherwise designated by the Board or by an authorized committee to be a Covered Employee under this Plan, who experience a Covered Termination and who are not designated as ineligible to receive severance benefits under the Plan as provided in Section 5 hereof. For the avoidance of doubt, neither Temporary Employees nor Part-Time Employees are eligible for severance... benefits under the Plan. An employee's full-time, full‐time, part-time or temporary status for the purpose of this Plan shall be is determined in good faith by the Plan Administrator upon review of the employee's status immediately before termination. Any person who is classified by the Company as an independent contractor or third-party third party employee is not eligible for severance benefits even if such classification is modified retroactively. retroactively View More
Found in Editas Medicine, Inc. contract
View Variations
Covered Employees. An employee who is a 'Covered Employee' within the meaning of Section 162(m) of the Code
Found in Werner Enterprises Inc contract
Covered Employees. An employee who is a 'Covered Employee' "Covered Employee" within the meaning of Section 162(m) of the Code
Found in Werner Enterprises Inc contract
View Variations
Covered Employees. The meaning assigned in Section 162(m), which employees generally include the Chief Executive Officer of the Company and any executive officer whose total compensation for the taxable year is required to be reported to stockholders under the Securities Exchange Act of 1934 by reason of such employee being among the four highest compensated officers for the taxable year (other than the Chief Executive Officer)
Found in ABM Industries Incorporated contract
Covered Employees. The CEO and the four (4) highest compensated officers (other than the CEO), as defined in Section 162(m) of the Code, of URS and its Affiliates.
Found in URS CORP contract
Covered Employees. All Company employees who are (A) C-level Employees, (B) Senior Vice Presidents or (C) otherwise designated by the Board or an authorized committee of the Board to be a Covered Employee under this Plan, in each case which person experiences a Covered Termination and which person is not designated as ineligible to receive severance benefits under the Plan as provided in Section 5 hereof
Found in AGIOS PHARMACEUTICALS INC contract
Covered Employees. All C-Level Officers and any other employee who is designated as a Covered Employee by the Board who are not ineligible to receive separation benefits under the Plan as provided in Section 5 hereof. Any person who is classified by the Company or Applicable Subsidiary as an independent contractor or third-party employee is not eligible for separation benefits even if such classification is modified retroactively
Found in Galecto Inc. contract
All Definitions