LTI Payment Clause Samples

The LTI Payment clause defines the terms and conditions under which Long-Term Incentive (LTI) payments are made to an employee or contractor. Typically, this clause outlines eligibility criteria, the calculation method for the incentive, and the timing of payments, which may be tied to performance metrics or the achievement of specific milestones. By clearly specifying how and when LTI payments are awarded, the clause ensures transparency and helps align the interests of the recipient with the long-term goals of the organization.