Specified Employee

Specified Employee. A key employee, as defined under Code Section 416(i), without regard to paragraph (5) thereof (and any successor or comparable Code sections).

Specified Employee. A Participant who is a "specified employee" within the meaning of Code Section 409A and the regulations thereunder

Specified Employee. A key employee (as defined below) of the Company. Provided, however, that Executive shall not be considered to be a Specified Employee unless on such date the stock of the Company is publicly traded on an established securities market or otherwise. For this purpose, an 'established securities market' shall have the meaning set forth in §1.897-1(m) of the Treasury Regulations. Executive is a key employee if Executive meets the requirements of Section 416(i)(1)(A)(i), (ii), or (iii) of the Code... (applied in accordance with the Treasury Regulations thereunder and disregarding Section 416(i)(5) of the Code) at any time during the 12-month period ending on a 'specified employee identification date.' If Executive is a key employee as of a specified employee identification date, Executive is treated as a key employee for the entire 12-month period beginning on the 'specified employee effective date' View More

Specified Employee. An Employee who is a "specified employee" within the meaning of Code section 409A. Specified Employee status is determined on the last day of the prior Plan Year, to take effect as of April 1 of the Plan Year for a 12-month period. Notwithstanding the foregoing, Specified Employees shall be determined by including the employees whom the Company reasonably determines to be the 75 top-paid officers of the Company rather than the 50 top-paid officers as provided under Code section 416(i)(1)(A), to... the extent permitted under Code section 409A View More

Specified Employee. A Participant that is a 'specified employee' within the meaning of the section 409A of the Code and the regulations thereunder as of the date of such Participant's Separation from Service

Specified Employee. If the stock of the Company or any Affiliate is publicly traded, the following: for any 12-month period beginning on April 1 and ending on the following March 31, a Participant who, as of the preceding December 31, was (i) an officer of the Company (or any Affiliate) having annual compensation (as defined in Section 414(q)(4) of the Code) greater than $130,000 (as adjusted under Section 416(i)(l) of the Code), (ii) a "five-percent owner" of the Company or any Affiliate (as defined in Section... 416(i)(l)(B) of the Code), or (iii) a person having annual compensation (as defined in Section 414(q)(4) of the Code) of more than $150,000 and who would be classified as a "five-percent owner" of the Company or any Affiliate under Section 416(i)(1)(B) of the Code if "one percent" were substituted for "five percent" each time it appears in the definition of such term. View More

Specified Employee. An Participant who is subject to the six-month delay rule described in Code section 409A(2)(B)(i), determined in accordance with guidelines adopted by the Board from time to time as permitted by Section 409A of the Code and Treasury Regulations section 1.409A-1 et seq., as they both may be amended from time to time, and other guidance issued by the Treasury Department and Internal Revenue Service thereunder.

Specified Employee. The meaning given to such term in the Employment Agreement

Specified Employee. A Participant who is a "specified employee" within the meaning of such term under Section 409A of the Code (and the guidance issued thereunder) and determined using any identification methodology and procedure selected by the Company from time to time, or, if none, the default methodology and procedure specified under Section 409A of the Code.

Specified Employee. An employee who is a "specified employee," as defined in Section 409A of the Code, on the date of his termination of employment