Employee CGP definition
Employee CGP means (i) all the cash payments pursuant to the ITW Long-Term Incentive Plan or any other long-term incentive plan to U.S. Business Employees, and (ii) the accelerated vesting of and settlement of any Seller equity based awards under the ITW Long-Term Incentive Plan. “Employee CGP” does not include cash payments pursuant to the ITW Long-Term Incentive Plan or any other long-term incentive plan for Non-U.S. Business Employees.