Definition of CIC Termination Period


CIC Termination Period means the period of time beginning with a Change in Control and ending two (2) years following such Change in Control.

Examples of CIC Termination Period in a sentence

Notwithstanding the foregoing, during a CIC Termination Period, the Plan may not be amended in a manner that is adverse to the interests of the Participants or terminated by the Compensation Committee (or any successor committee thereto) and any Participant's participation hereunder may not be terminated, in each case without the prior written consent of such Participant.
CIC Termination Period Incentive Payout CIC Termination Period Incentive Payout means an amount equal to the weighted average of (1) the Actual Incentive Payout for the Termination Performance Period and (2) Executives Targeted Compensation for the Termination Performance Period.
Notwithstanding the foregoing, during a CIC Termination Period, the Plan may not be amended in a manner that is adverse to the interests of the Participants or terminated by the Compensation Committee (or any successor committee thereto) and any Participants participation hereunder may not be terminated, in each case without the prior written consent of such Participant.
CIC Termination Period Incentive Payout means an amount equal to the actual amount that would have been earned under the Incentive Plan for the portion of the Termination Performance Period through the Termination Date.