LONG TERM CAPITAL INCENTIVE COMPENSATION Sample Clauses

LONG TERM CAPITAL INCENTIVE COMPENSATION. 2 5. WITHHOLDING.......................................................................................... 3 6.
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LONG TERM CAPITAL INCENTIVE COMPENSATION. Executive will be eligible to participate in the Long Term Capital Incentive Compensation Plan of the Sage Insurance Group, Inc., the operating group parent of the Company. Executive's rights of participation in such Long Term Capital Incentive Compensation Plan will be determined by the Board from time to time. The summarised terms of the Long Term Incentive Compensation Plan are set out in Exhibit B attached hereto. Executive will continue to participate in the South African executive incentive plans in terms of the rules of those plans, whereunder allocations are at Sage Group Limited's discretion.
LONG TERM CAPITAL INCENTIVE COMPENSATION. Executive will participate according to rules, to be developed for consideration by the Board, for a Long Term Capital Incentive Compensation Plan which the Company intends to introduce before the end of 1997, subject to the approval of the Board. Executive's rights of participation in such Long Term Capital Incentive Compensation Plan will be determined by the Board from time to time, with the initial allocation of participation rights for Executive being made not later than I st April 1998, based on a value for the Company, equal to the total effective costs of acquisition incurred by the Company's ultimate parent company.

Related to LONG TERM CAPITAL INCENTIVE COMPENSATION

  • 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.

  • 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.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Incentive Compensation Plans The occurrence of any of the following: (i) a material reduction by the Corporation in the Executive’s (A) annual incentive compensation target or maximum opportunity, or (B) long-term incentive compensation target or maximum opportunity (measured based on grant date fair value of any equity-based awards), in each case, as in effect immediately prior to the Change in Control, or (ii) a change in the performance conditions, vesting, or other material terms and conditions applicable to annual and/or long-term incentive compensation awards granted to Executive after the Change in Control which would have the effect of materially reducing the Executive’s aggregate potential incentive compensation from the level in effect immediately prior to the Change in Control; or

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

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