EIP Pool definition

EIP Pool has the meaning set forth in the Plan Term Sheet.
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EIP Pool means stock of the Purchaser in an amount determined by the Debtors and the Purchaser, determined on a fully diluted and fully distributed basis, which shall be reserved for distribution to certain participating employees of the Purchaser pursuant to the Employee Incentive Plan.
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EIP Pool means the pool of funds from which Awards may be paid to Participants, as determined by the Committee. The EIP Pool shall be equal to the Section 162(m) Pool less any reductions made at the Committee’s discretion.
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Examples of EIP Pool in a sentence

  • The Remaining EIP Pool (as defined below) will be fully granted within the 36-month period following the Emergence Date, as determined by the Board in a manner consistent with the then prevailing practices of publicly traded E&P companies.

  • The Company will allocate the Remaining EIP Pool on a fully-vested basis to actively employed Employees (pro-rata based upon each such Employee’s relative incentive equity Awards) upon a change in control of the Company (a “Change in Control”) (such Awards, the “Final Grants”).

  • It is the Owner’s responsibility to clean up after their ESA, both inside and outside.

  • For this purpose, the “Remaining EIP Pool” means the portion of the EIP Pool that does not constitute Emergence Grants and subsequent grants that have been forfeited before vesting.

  • If an Employee is terminated without Cause or terminates for Good Reason or due to his or her death or disability (any such termination, a “Qualifying Termination”), the Employee will become vested in an additional tranche of the Employee’s unvested Awards,6 as if the Employee’s employment 5 NTD: Determined on a fully diluted basis, assuming conversion of all convertible securities and full allocation of the EIP Pool.

  • It is acknowledged and agreed however that if the HPPI board of directors votes to approve an increase in the EIP beyond the size of the Initial EIP Pool, such additional shares of common stock and related awards beyond the Initial EIP Pool shall not be subject to the foregoing restrictions on exercise or transfer.

  • As at the Start Date, the proposed EIP will initially be comprised of 32,583,475 (subject to adjustments for stock splits approved by the HPPI board of directors, the Initial EIP Pool) shares of common stock of HPPI (ranking pari passu with the issued and outstanding common stock of HPPI) to be available in the form of incentive stock options, non-qualified stock options, restricted stock, restricted stock units, performance awards and other customary equity incentives.

  • HPPI represents and agrees that all awards that are included in the Initial EIP Pool (including those already awarded to ▇▇▇▇▇▇▇▇ ▇.