Employee Definition Example with 5 Variations

This page contains an example definition of Employee, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Employee. Shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary on the Corporation's or such Designated Subsidiary's payroll records during the relevant participation period. Employees shall not include individuals classified as independent contractors.

Variations

Employee. Shall shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary Affiliate on the Corporation's or such Designated Subsidiary's Affiliate's payroll records during the relevant participation period. Employees shall not include individuals whose customary employment is for not more than five (5) months in any calendar year (except those Employees in such category the exclusion of whom... is not permitted under applicable law) or individuals classified as independent contractors. View More Arrow
Employee. Shall shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary on the Corporation's or such Designated Subsidiary's payroll records of the Corporation or Designated Subsidiary during the relevant participation period. Employees shall not include individuals classified as independent contractors.
Employee. Shall shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary on the Corporation's or such Designated Subsidiary's Corporation payroll records during the relevant participation period. Employees shall not include individuals classified as independent contractors.
Employee. Shall shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary on the Corporation's or such Designated Subsidiary's payroll records during the relevant participation period. Employees shall not include individuals whose customary employment is for not more than five (5) months in any calendar year (except those Employees in such category the exclusion of whom is not permitted... under applicable law) or individuals classified as independent contractors. View More Arrow
Employee. Shall shall mean an individual classified as an employee (within the meaning of Code Section 3401(c) and the regulations thereunder) by the Corporation or a Designated Subsidiary on the Corporation's or such Designated Subsidiary's payroll records during the relevant participation period. Employees shall not include individuals whose customary employment is for not more than five (5) months in any calendar year or individuals classified as independent contractors.
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