Qualified Participant

Qualified Participant. A Participant who has attained age fifty-five (55) and who has completed at least ten (10) years of Plan participation

Qualified Participant. An Israeli who is employed by the Company or its Affiliates, including an individual who is serving as a director or an office holder, but excluding any controlling stockholder according to the meaning ascribed to it in Section 32(9) of the Tax Ordinance, all in accordance with and subject to the provisions of Section 102 of the Tax Ordinance.