Tier II Participants

Example Definitions of "Tier II Participants"
Tier II Participants. (i) Any individual who is a member of the Company's Executive Leadership Team as of the Effective Date and who is not covered by a Change in Control Agreement with the Company and (ii) any other employee designated as a Tier II Participant by the Chief Executive Officer; provided, however, that any executive who participates in a severance plan or agreement maintained by a company that is acquired by the Company will not be eligible to be a Participant in this Plan until such time as his or her... participation in the other severance plan or agreement has been terminated; provided, further, however, that any severance payments or benefits to be provided to a Participant under this Plan are subject to Section 9(b) of the Plan. View More
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