LTIP Awards Sample Clauses

LTIP Awards. Any awards granted to Employee under the LTIPs as of the Change of Control shall be treated as described in the LTIPs.
LTIP Awards. LTIP Units may, in the sole discretion of the General Partner, be issued subject to vesting, forfeiture and additional restrictions on transfers pursuant to the terms of an OPP Agreement. The terms of any OPP Agreement may be modified by the General Partner from time to time in its sole discretion, subject to any restrictions on amendment imposed by the relevant OPP Agreement pursuant to which such LTIP Award was issued. LTIP Units that have vested under the terms of an OPP Agreement are referred to as “Vested LTIP Units”; all other LTIP Units shall be treated as “Unvested LTIP Units.”
LTIP Awards. Executive shall be eligible to receive awards under the LTIP, as determined by the Board based upon the recommendation of the Compensation Committee. For purposes hereof, “LTIP” means Company’s Amended and Restated Long-Term Incentive Plan, effective on June 18, 2010, and if hereafter further amended by Company then as hereafter so further amended.
LTIP Awards. Awards under the LTIP shall be granted to Executive with aggregate target opportunities not less than those granted to peer executives of the Company.
LTIP Awards. LTIP Awards shall be granted to Executive based on whichever of the following methods is more favorable to Executive: (i) in such amounts and on such terms as are at least as favorable to Executive as any LTIP Awards granted to any Peer Executive or (ii) at least as frequently as LTIP Awards were granted to Executive during the three-year period immediately preceding the Effective Date, with target payments no less than the average (expressed as a percentage of Executive’s Base Salary in effect at the beginning of the applicable Performance Period) of the targets applicable with respect to the Executive’s LTIP Awards outstanding immediately prior to the Effective Date, and with target performance goals that are not substantially more difficult to obtain, on average, than the target performance goals under Executive’s LTIP Awards outstanding on the Effective Date;
LTIP Awards. Any awards granted to Employee under the LTIP as of the effective date of the Change of Control shall be treated as described in the LTIP. Without limiting the foregoing, the existing LTIP provides (or shall be deemed to provide) that if, in anticipation or contemplation of a pending or potential Change of Control or while a potential Change of Control is under consideration or being negotiated by the Company’s board of directors, the Employee terminates his employment for Good Reason pursuant to Section 6.1(b) or the Company terminates Employee’s employment without Cause pursuant to Section 6.2(c), Employee shall be deemed to remain an employee for purposes of the LTIP as of the effective date of such Change of Control and shall receive a full payout under the LTIP as described in Section 3.3 of this Agreement as though he remained an employee of the Company as of the effective date of such Change of Control.
LTIP Awards. You will be eligible for Long Term Incentive Awards according to the terms and conditions of the Plan, Program and LTI Agreements, provided You do not materially breach this Agreement, for the following cycles: - 2009-2011*: $547,500, payable not later than March 15, 2012; - 2010-2012: Forfeited. - 2011-2013: Forfeited. - * Payment, if any, for the 2011 year of the 2009-2011 cycle is based on the actual performance of the Company and will be prorated through Your Retirement Date [prorated based on 147 days employed in 2011 out of 365 days], payable not later than March 15, 2012;
LTIP Awards. As of the Effective Date, the Board will grant to Executive the following awards under the Regency Gas Long Term Incentive Plan (“LTIP”): a grant of 56,300 Restricted Units substantially in the form of the grant agreement attached hereto as Attachment A; and a grant of 50,000 Restricted Units substantially in the form of the grant agreement attached hereto as Attachment B.
LTIP Awards. The Company shall waive any requirement for the Executive to be employed by the Company with respect to the vesting of the Executive’s awards specifically identified in Exhibit A (the “Specified Unvested Awards”) under the Spirit AeroSystems Holdings, Inc. Amended and Restated Long-Term Incentive Plan (“LTIP”) maintained pursuant to and in accordance with the OIP. For the avoidance of doubt, (i) any other outstanding awards not expressly identified herein that remain unvested on the Resignation Date shall be forfeited, (ii) any Specified Unvested Awards with only service based conditions shall vest in full on the Resignation Date and shall be delivered within thirty (30) days of the Resignation Date, (iii) in the case of Specified Unvested Awards that are performance-based grants, the vesting of any such awards shall occur on the contractual vesting date and shall be subject to the Company’s certification of the satisfaction of applicable performance criteria, (iv) any restrictions on transfer or other similar restrictions with respect to the Specified Unvested Awards will continue to apply as if Executive’s employment had not terminated, (v) all other terms of the Specified Unvested Awards will continue to apply, and (vi) the Company may withhold amount required for the payment of federal or state taxes from the Specified Unvested Amounts at such time and on such terms as it determines to be required or appropriate.