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applicable covered employee

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 409A — for purposes of this section

The term “applicable covered employee” means any—

(I) covered employee of a plan sponsor,

(II) covered employee of a member of a controlled group which includes the plan sponsor, and

(III) former employee who was a covered employee at the time of termination of employment with the plan sponsor or a member of a controlled group which includes the plan sponsor.