Covered Person definition: Copy, customize, and use instantly
Introduction
The term "Covered Person" refers to individuals or entities who are included under specific contractual or legal provisions, typically in relation to rights, obligations, or liability protections. Identifying who qualifies as a "Covered Person" is essential for determining responsibilities, protections, and enforcement within a legal agreement or regulatory framework.
Below are various examples of how "Covered Person" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Covered Person" as an individual included under a policy
This definition ties "Covered Person" to an individual covered under an insurance or protection policy.
"Covered Person" means any individual or entity that is entitled to the benefits and protections provided under this Agreement, including [insert specific roles or individuals, e.g., employees, officers].
Definition of "Covered Person" as a party to a transaction
This definition connects "Covered Person" to a party involved in a particular transaction or agreement.
"Covered Person" refers to any party who is designated as a beneficiary or liable under the terms of this Agreement, including [insert specific roles such as investors, contractors, etc.].
Definition of "Covered Person" as an entity under a liability provision
This definition links "Covered Person" to an entity that is protected under liability provisions.
"Covered Person" means any legal entity, including subsidiaries, affiliates, and parent companies, that is granted liability protection under this Agreement.
Definition of "Covered Person" as a person included under indemnity provisions
This definition ties "Covered Person" to individuals protected by indemnity clauses.
"Covered Person" refers to any individual or organization that is indemnified or covered against certain claims, losses, or expenses as outlined in the indemnity clause.
Definition of "Covered Person" as a stakeholder in an agreement
This definition connects "Covered Person" to a stakeholder in an agreement with specific rights or obligations.
"Covered Person" means any stakeholder, including investors, directors, or employees, with rights, privileges, or responsibilities defined under this Agreement.
Definition of "Covered Person" as a person protected by a trust agreement
This definition links "Covered Person" to an individual or entity covered by a trust agreement.
"Covered Person" refers to any person or beneficiary who is granted protection under the terms of a trust agreement, including [insert specific roles].
Definition of "Covered Person" as a party entitled to certain benefits
This definition ties "Covered Person" to a party entitled to specific benefits under the agreement.
"Covered Person" means any individual or organization entitled to receive benefits under this Agreement, including [insert type of benefits or specific individuals].
Definition of "Covered Person" as an individual involved in a pension plan
This definition connects "Covered Person" to an individual covered by a pension plan.
"Covered Person" refers to any employee or beneficiary covered under the pension or retirement plan, as defined by the terms of this plan.
Definition of "Covered Person" as a person protected in the event of disputes
This definition links "Covered Person" to an individual or party protected during legal disputes.
"Covered Person" means any person or entity whose interests are protected under the dispute resolution provisions of this Agreement, including [insert roles or individuals].
Definition of "Covered Person" as an individual included under employee benefits
This definition ties "Covered Person" to an employee covered by benefits under an agreement.
"Covered Person" refers to any employee or contractor eligible for benefits, including healthcare, retirement, and other employee benefits provided under this Agreement.
Definition of "Covered Person" as an individual protected under a regulatory framework
This definition connects "Covered Person" to an individual protected by regulatory guidelines.
"Covered Person" means any individual who is protected by applicable regulatory frameworks or laws under this Agreement, including [insert governing bodies or regulations].
Definition of "Covered Person" as a key person covered by an insurance policy
This definition links "Covered Person" to key persons under an insurance policy.
"Covered Person" refers to any key person whose life, health, or activities are insured or protected under this Agreement, such as [insert key roles or titles].
Definition of "Covered Person" as a person included in a financial transaction
This definition ties "Covered Person" to a person involved in a financial transaction with designated protections.
"Covered Person" means any individual or entity included in the financial transaction whose actions or liabilities are covered by this Agreement.
Definition of "Covered Person" as a party entitled to dispute resolution protections
This definition connects "Covered Person" to parties entitled to dispute resolution provisions.
"Covered Person" refers to any individual or party entitled to dispute resolution protections or mechanisms as outlined in this Agreement.
Definition of "Covered Person" as an individual with protection under a contract
This definition links "Covered Person" to an individual covered by the provisions of a contract.
"Covered Person" means any person, including employees, agents, or representatives, whose actions are covered by the terms of this Agreement.
Definition of "Covered Person" as a participant in a corporate transaction
This definition ties "Covered Person" to a participant in a corporate transaction who is entitled to protection.
"Covered Person" refers to any participant in a corporate transaction, including shareholders, officers, or directors, who is entitled to protections under the terms of this Agreement.
Definition of "Covered Person" as an individual entitled to indemnification
This definition connects "Covered Person" to someone entitled to indemnification in case of claims.
"Covered Person" means any individual or entity who is entitled to indemnification for claims, losses, or damages arising from their role as [insert role].
Definition of "Covered Person" as an employee subject to a non-compete agreement
This definition links "Covered Person" to an employee covered under a non-compete or similar agreement.
"Covered Person" refers to any employee bound by a non-compete agreement or similar restrictive covenant as defined in this contract.
Definition of "Covered Person" as a director subject to fiduciary duties
This definition ties "Covered Person" to a director who is covered under fiduciary duty provisions.
"Covered Person" means any director or officer of the company who is subject to fiduciary duties, including the duty of care, loyalty, and confidentiality.
Definition of "Covered Person" as an individual entitled to benefits under an ERISA plan
This definition connects "Covered Person" to an individual covered under an ERISA-qualified plan.
"Covered Person" refers to any individual who is entitled to benefits under a plan governed by the Employee Retirement Income Security Act (ERISA), including employees and their beneficiaries.
Definition of "Covered Person" as a shareholder with voting rights
This definition links "Covered Person" to a shareholder entitled to vote on matters concerning the company.
"Covered Person" means any shareholder who holds voting rights and is entitled to participate in corporate governance decisions.
Definition of "Covered Person" as a person covered under professional liability insurance
This definition ties "Covered Person" to a person or entity covered under professional liability insurance.
"Covered Person" refers to any individual or organization covered under the terms of professional liability insurance, including officers, employees, and agents.
Definition of "Covered Person" as a customer protected by contractual provisions
This definition connects "Covered Person" to a customer protected under specific contractual terms.
"Covered Person" means any customer or client who is entitled to protections or benefits under this contract, including warranty rights and dispute resolution protections.
Definition of "Covered Person" as a borrower in a financial agreement
This definition links "Covered Person" to a borrower under a financial agreement.
"Covered Person" refers to any borrower or guarantor under a financial agreement who is entitled to protection from claims, obligations, or liabilities as defined in the agreement.
Definition of "Covered Person" as a party with rights to receive compensation
This definition ties "Covered Person" to a party entitled to compensation under an agreement.
"Covered Person" means any individual or entity entitled to receive compensation or other forms of financial benefits under this Agreement, including employees or independent contractors.
Definition of "Covered Person" as a person eligible for legal protection under an agreement
This definition connects "Covered Person" to an individual or entity with legal protection under a contractual agreement.
"Covered Person" refers to any individual or entity that is legally protected from specific liabilities, claims, or obligations under the provisions of this Agreement.
Definition of "Covered Person" as an agent covered under liability clauses
This definition links "Covered Person" to an agent or representative covered by liability provisions.
"Covered Person" means any agent, representative, or delegate who is covered by the liability clauses of this Agreement, ensuring they are indemnified from related claims.
Definition of "Covered Person" as a person entitled to worker's compensation
This definition ties "Covered Person" to an individual entitled to worker's compensation.
"Covered Person" refers to any employee who is eligible for worker's compensation benefits in the event of injury or illness related to their employment.
Definition of "Covered Person" as an individual protected under anti-discrimination laws
This definition connects "Covered Person" to an individual protected under anti-discrimination provisions.
"Covered Person" means any individual who is protected under anti-discrimination laws, including [insert applicable laws, e.g., Civil Rights Act], ensuring their rights are upheld.
Definition of "Covered Person" as a trustee in a trust agreement
This definition links "Covered Person" to a trustee responsible for managing a trust.
"Covered Person" refers to any trustee who is authorized and protected under the terms of a trust agreement, including their actions in managing trust assets.
Definition of "Covered Person" as a professional covered under malpractice insurance
This definition ties "Covered Person" to a professional covered under malpractice insurance.
"Covered Person" refers to any professional, such as a doctor, lawyer, or accountant, who is covered by malpractice insurance under this Agreement.
Definition of "Covered Person" as a vendor protected by service contract
This definition connects "Covered Person" to a vendor or service provider covered by contractual provisions.
"Covered Person" means any vendor or service provider whose actions and liabilities are covered under this service contract, including subcontractors.
Definition of "Covered Person" as an individual with privacy rights under data protection laws
This definition links "Covered Person" to an individual whose privacy rights are protected.
"Covered Person" refers to any individual whose personal data and privacy are protected under applicable data protection laws, such as GDPR or CCPA.
Definition of "Covered Person" as a beneficiary of a life insurance policy
This definition ties "Covered Person" to a beneficiary in the context of a life insurance policy.
"Covered Person" means any beneficiary entitled to receive proceeds or benefits from a life insurance policy, as defined in this agreement.
Definition of "Covered Person" as a person entitled to protection under government programs
This definition connects "Covered Person" to an individual covered under government programs.
"Covered Person" refers to any individual who is entitled to protection or benefits under government programs, such as healthcare, social security, or veterans' benefits.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.