EIP. Prior to the Closing Date, Parent shall approve and, subject to the approval of Parent’s Common Stockholders as required under the Parent’s Certificate of Incorporation, adopt, a management incentive equity plan to be effective subject to, and from and after, the Closing in the form attached as Exhibit M.
EIP. You will continue to participate in GTE's Executive Incentive Plan ("EIP"), or any successor plan which may exist, during the Special Assignment Period on the same basis as other executives at your level, subject to the terms of that plan. If your EIP payment for the year in which you separate from employment has not been paid out as a result of shareholder approval of the Merger, your award for that year will be prorated based on the number of calendar months of service you completed in that year. Any amount to which you are entitled under EIP will be payable at the same time payments are made to other EIP participants. The Executive Compensation and Organizational Structure Committee of the Board of Directors of GTE, its designee, its successor or its successor's designee (the "ECC") will determine the amount of your actual awards. You will be eligible to defer your EIP award, but you will not receive a match for those amounts under the company's Equity Participation Program ("EPP").
EIP. Prior to the Closing Date, the Buyer shall approve and, subject to the approval of the Buyer’s shareholders as required under the A&R Buyer Certificate of Incorporation, adopt, a management incentive equity plan and employee stock purchase plan reasonably acceptable to the Buyer and the Equityholder Representative to be effective from and after the Closing which includes the provisions set forth on Schedule 8.4 (the “EIP”).
EIP. Prior to the Closing Date, MDH and PubCo shall approve and, subject to the approval of the MDH Stockholders, adopt an incentive plan reasonably acceptable to CF OMS and Blocker Owner to be effective after the Closing (the “EIP”).
EIP. Prior to the Closing Date, the Buyer shall approve and, subject to the approval of the Buyer Shareholders, adopt, an omnibus incentive equity plan, in the form attached hereto as Exhibit M to be effective from and after the Closing (the “EIP”). Nothing contained in this Section 7.4 (whether express or implied) shall confer any rights, remedies or benefits whatsoever (including any third-party beneficiary rights) on any Person other than the Parties to this Agreement.
