Non-Designated Participant

Example Definitions of "Non-Designated Participant"
Non-Designated Participant. An Employee who is not a Covered Employee and who is selected to receive an award under the Plan on the basis of outstanding individual performance. Employee selection will be made at the end of the Plan Year, either by the Committee at the recommendation of the CEO if involving a Section 16 Officer, or by the Committee or the CEO if not involving a Section 16 Officer. Unlike Designated Participants, Non-Designated Participants will not be assigned Target Award Percentages.
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