Common use of No MIP Clause in Contracts

No MIP. If Executive participates in a functional incentive plan and in the PUP but not in the MIP, the amount described in this § 1.8(b) shall not exceed the amount which would have been described in § 1.8(b)(1) if Executive instead had been a participant in the MIP.

Appears in 5 contracts

Samples: Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc)

AutoNDA by SimpleDocs

No MIP. If Executive participates in a an alternative, functional incentive plan and in the PUP but not in the MIP, the amount described in this § 1.8(b1.7(b) shall not exceed the amount which would have been described in § 1.8(b)(11.7(b)(1) if Executive instead had been a participant in the MIP.

Appears in 2 contracts

Samples: Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc)

AutoNDA by SimpleDocs

No MIP. If Executive participates in a functional incentive plan and in the PUP but not in the MIP, the amount described in this § ss. 1.8(b) shall not exceed the amount which would have been described in § ss. 1.8(b)(1) if Executive instead had been a participant in the MIP.

Appears in 1 contract

Samples: Change in Control Agreement (Suntrust Banks Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.