The Board shall select from the group of Eligible Employees those individuals who may participate in the Plan. Any Eligible Employee selected for participation shall become a Participant upon written notification by the Board (or as delegated) to the Eligible Employee of his or her participation. Such notification will indicate whether such Participant is a Tier 1 Participant or Tier 2 Participant. Only those Eligible Employees who have been designated as Participants in the Plan prior to the occurrence of a Change in Control shall be eligible to receive benefits under this Plan.