DICP definition

DICP means the EFH Deferred and Incentive Compensation Plan, as it may be amended from time to time.
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DICP means the TXU Deferred and Incentive Compensation Plan, as amended from time to time, or any successor plan.
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Examples of DICP in a sentence

  • Employee understands and agrees that, during the Secondary Term, he will not be eligible to continue to participate in the AIP or the DICP.

  • The payment to Employee by Company of any vested balances under the SDP and/or DICP will be made in accordance with the relevant plan terms.

  • If Employee has previously been enrolled in the SDP or DICP, Company will pay Employee a one time lump sum cash payment equivalent to Employee’s unvested Company match balance in the SDP and/or DICP, with actual earnings thereon, as of the Date of Separation, prorated for the period of Employee’s employment with the Company during the relevant vesting period, up to the Date of Separation.

  • Each such cash payment shall be made at the time that incentive awards are paid to participants in the DICP during such year.

  • Cash Payments in Lieu of any Forfeited Amounts under the Company Salary Deferral Program (SDP) and/or the Deferred and Incentive Compensation Plan (DICP).

  • Under the current terms of the AIP, one-half of each such award will be paid to Employee in cash following the date of the award and one-half will be deferred under Employer's Deferred and Incentive Compensation Plan ("DICP").