Entergy Long Term Incentive Program Sample Clauses

Entergy Long Term Incentive Program. During your Entergy System Company employment, you will be eligible to participate in the Long Term Incentive Program (“LTIP”) under the Equity Plan, subject to its terms and conditions as in effect and as may be amended from time to time and as may be determined in the sole discretion of the Personnel Committee. The LTIP provides participants with performance units (each “Performance Unit” representing one share of Entergy Corporation common stock) that will be earned by achieving pre-approved Entergy Corporation goals, as established by the Personnel Committee, for the applicable thirty-six month performance period. Subject to the terms and conditions of the Equity Plan and applicable grant terms, you are expected to be eligible, based on a full thirty-six (36) months of participation, for a target LTIP award for the 2017-2019 performance period that is expected to be established by the Personnel Committee in early 2017 and communicated to you at that time. Additionally, you are expected to be eligible for pro-rated awards with respect to certain prior LTIP performance periods. Subject to the terms and conditions of the Equity Plan and applicable grant terms, you are expected to be eligible, based on a full thirty-six (36) months of participation, for a target LTIP award of 6550 Performance Units and with a maximum opportunity of 200% of that LTIP target - prorated for the portion of the 2015-2017 performance period during which you are employed at System Management Level 2 by the Entergy System; and a target LTIP award that is anticipated to be determined by the Personnel Committee in late January 2016 for the portion of the 2016- 2018 performance period during which you are employed at System Management Level 2 by the Entergy System. The 2015-2017 and 2016-2018 performance cycles will be prorated based on the number of full months you are employed at System Management Level 2 with ESI or any other participating Entergy System Company during the applicable thirty-six (36) month performance period. To be eligible for the LTIP cycles identified above, your employment must commence on or prior to January 1 of the final year of the three-year performance cycle.
Sample 1
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Related to Entergy Long Term Incentive Program

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Long-Term Incentive Programs The Executive shall be eligible to participate in the Company's long-term incentive compensation programs (including stock options and stock grants).

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in the ongoing equity and other long-term awards and programs of the Company as determined in the sole discretion of the Board or a committee thereof.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs (including, without limitation, programs providing for the grant of stock options and other equity-based awards) for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

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