Tier
Tier. An Executive Tier used for purposes of determining the level of severance benefits an Eligible Executive is eligible to receive. Each Eligible Executive shall be designated by the Committee as a Tier 1 Executive, Tier 2 Executive or a Tier 3 Executive.
Found in
ProPetro Holding Corp. contract
Tier. The level at which an Eligible Individual is identified immediately prior to the Eligible Individual's termination of employment (without regard to any reduction in such Tier which constitutes Good Reason).
All Definitions
Found in
Bonanza Creek Energy, Inc. contract