LTI. IO-1 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% 4
LTI. Employer will award to Employee Long Term Incentive (“LTI”) pursuant to the terms and conditions of the Amended and Restated Crown Media Holdings, Inc. 2012 Long Term Incentive Plan as amended (collectively, referred to herein as the “Incentive Agreements”).
LTI. Executive will also be eligible to participate in the Company-sponsored Long Term Incentive plan ("The LTI Plan") for the 2023-2025 period. Should the Company and Executive meet the targets set forth in the LTI Plan, Executive will be eligible to receive certain payments or other benefits provided for by the terms of the LTI Plan. The LTI Plan will be presented to the Executive by the end of January 2023.
LTI. Executive shall be entitled to participate in the Del Frisco's Restaurant Group 2012 Long-Term Incentive Plan in a manner commensurate with his position as determined in good faith by the CEO and/or the compensation committee of the Board.
LTI. IO-1 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% 7 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 8 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 9 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 10 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 11 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 12 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 4.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 13 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 14 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 15 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 16 LTI-IO-2 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 Uncertificated REMIC I Pass-Through Rate 17 LTI-IO-3 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 and LTI-IO-2 Uncertificated REMIC I Pass-Through Rate 18 LTI-IO-3 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 and LTI-IO-2 Uncertificated REMIC I Pass-Through Rate 19 LTI-IO-3 through LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1 and LTI-IO-2 Uncertificated REMIC I Pass-Through Rate 20 LTI-IO-4 and LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50%
LTI. IO-1, LTI-IO-2 and LTI-IO-3 Uncertificated REMIC I Pass-Through Rate 21 LTI-IO-4 and LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1, LTI-IO-2 and LTI-IO-3 Uncertificated REMIC I Pass-Through Rate 22 LTI-IO-4 and LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1, LTI-IO-2 and LTI-IO-3 Uncertificated REMIC I Pass-Through Rate 23 LTI-IO-4 and LTI-IO-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1, LTI-IO-2 and LTI-IO-3 Uncertificated REMIC I Pass-Through Rate 24 LT-IO-III-5 (a) Uncertificated REMIC I Pass-Through Rate over (b) 3.50% LTI-IO-1, LTI-IO-2, LTI-IO-3,LTI-IO-4 and Uncertificated REMIC I Pass-Through Rate 25 and LTI-IO-1, LTI-IO-2, LTI-IO-3, Uncertificated REMIC I Pass-Through Rate thereafter LTI-IO-4 and LTI-IO-5 With resepect to REMIC II Regular Interest LTII-IO-A, (i) for the first twelve distribution dates, 1.00% and (ii) thereafter, 0.00%. With respect to REMIC II Regular Interest LTII-IO-B, (i) for the first twenty-four distribution dates, 3.50% and (ii) thereafter, 0.00%.
LTI. You will be eligible for continued vesting of Your LTI equity awards in accordance with the Retirement Eligibility provision in the LTI Plan and applicable award agreements, subject to Your compliance with any post-termination obligations. For the avoidance of doubt, Your outstanding equity awards will continue to be governed by the terms and conditions of the Company’s Omnibus Incentive Plan(s) and the applicable equity award agreements, and nothing in this Agreement is intended to otherwise affect, supersede or replace such existing terms and conditions. For the period starting on the Transition Date and ending on the Separation Date, you will not be eligible to be granted any additional equity awards. COBRA: Your medical, dental and vision benefits, if applicable, continue through Your Separation Date. The date of the qualifying event for purposes of the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) and any applicable state law shall be Your Separation Date. You may be eligible for COBRA continuation coverage to the extent You otherwise qualify for such COBRA coverage and timely enroll in coverage and pay the required premiums for any such coverage. As detailed in Section 2 below, the cost of COBRA continuation coverage may be offset by taxable reimbursements offered to You in accordance with the Plan, subject to Your compliance with the Plan and the conditions set forth in this Agreement. You will receive separate information regarding Your option to continue health benefits at Your expense (subject to Section 2 below) under COBRA, after Your Separation Date. Executive Travel Program: For the period starting Transition Date and ending on Separation Date, You will not be eligible for the Executive Travel Program. Long Tenure Travel Program: You will be eligible for continued access to discounted hotel rooms under Xxxxxx’x Long Tenure Team Member Travel Program commensurate with your level of Executive Vice President and ten years of service to the Company and subject to the terms and conditions of the program, which may be changed from time to time. These discounted rates are not available, and cannot be offered to, Your family and friends. The above terms and conditions apply to Your separation regardless of whether You choose to sign this Agreement.
LTI. See Part 2, below. Employees, including the Executives, will continue to participate in the XXXX until the end of the calendar quarter during which the Effective Date occurs. The KERP and incentive-based KERP programs that apply to non-Executives will continue until June 30, 2019.
LTI also has various types of security policies and controls in place for data protection, privacy, and information security. LTI has implemented role-based access that limits the information a user has access to and is reviewed at least once every 12 months. LTI also has implemented various types of software and network management tools to alert/deny access to LTI systems.
LTI. Your 2016 LTI award, and any outstanding amounts You were eligible to receive under any prior LTI award, will be canceled and forfeited in accordance with the applicable terms of the LTI Plan, as You will not be employed when the awards would vest in 2016 or subsequent years. Deferred Compensation Plan Your account in the Deferred Compensation Plan will be paid in accordance with the terms of the plan. Vacation: Unused vacation will be paid in accordance with the Company’s policy. You acknowledge that: (i) the Consideration described above constitutes all monetary and non-monetary terms and benefits associated with Your separation, (ii) the Consideration exceeds any earned wages or anything else of value otherwise owed to You by the Company, and (iii) You would not receive this Consideration absent Your execution of this Agreement. The Company’s payment obligations as described in this Section 2 will transfer to any successor-in-interest of the Company.
