AMIP definition

AMIP means the Average Monthly Index Price as defined is paragraph (3) below.
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AMIP shall be equal to the
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AMIP means the Company's Annual Management Incentive Plan.
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Examples of AMIP in a sentence

  • The Company shall also distribute a pro rata portion of the one-time award of shares of stock previously granted to the Executive on the Agreement Date and all shares of stock previously granted as partial payment of the annual bonuses earned under the AMIP.

  • While Bonus Shares remain restricted, the stock certificates for such shares shall be held by Advanta, and copies thereof shall be delivered to you (as is our practice with respect to all restricted shares under the AMIP bonus plan).

  • Currently, AMIP calls for annual payment of any amount up to your initial target bonus in freely tradeable shares of Class B common stock and any amounts in excess of such initial target bonus in cash.

  • The Company, in accordance with the AMIP, shall also pay a pro rata portion of the annual bonus that would have been paid to the Executive but for his death or Disability; this bonus amount shall be paid in cash and shall be paid in February of the year following the performance period and shall be prorated based on the portion of the performance period that Executive was performing his duties (in the event of his death) or receiving short-term disability benefits (in the event of Disability).

  • The foregoing is without limitation to any rights you have at the time you cease to be employed by the Company (apart from Base Salary, accrued benefits and AMIP Bonus) where applicable, such as accelerated vesting to the extent provided in Paragraph 7.

  • You will join Denn▇▇ ▇▇▇▇▇ ▇▇▇ Will▇▇▇ ▇▇▇▇▇▇ ▇▇ the "A" compensation category and you shall be eligible to participate in Advanta's Management Incentive Plan ("AMIP").

  • The Company shall also distribute a portion of the one-time award of shares of stock previously granted to the Executive on the Agreement Date and all shares of stock previously granted as partial payment of the annual bonuses earned under the AMIP.

  • The Executive shall be nominated to participate in the Company's Annual Management Incentive Plan ("AMIP") for each year of the Employment Period and shall have a Target Bonus equal to 50 percent of his base salary at the time the target bonus is set ("Target Bonus").

  • If you cease to be employed by the Company for any reason, including without limitation, a termination by us for "Cause", you (or your estate in the case of death) shall be entitled to receive your Base Salary and accrual benefits until the date you cease to be employed and your AMIP Bonus, pro-rated through the date you cease to be employed, which AMIP Bonus shall be subject to the discretion of the Board.

  • Currently, our disability plan provides for coverage at the rate of sixty (60%) percent of an employee's base salary and target AMIP bonus (subject to a maximum benefit of $25,000 per month, or a base salary and target AMIP bonus maximum of $500,000) until the age of sixty-five (65).

Related to AMIP

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • EIP means the Company’s 2006 Equity and Incentive Plan, as amended from time to time, or any successor plan.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • ICP means an installation control point being 1 of the following: