GLT definition
Examples of GLT in a sentence
As of the Effective Time, SpinCo shall establish the SpinCo GLT Severance Plan pursuant to Section 2.03(a).
REVOCABLE TRUST U/A/D 2/03/97 Title: Trustee GLT HOLDINGS, LLC /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: Title: GRAND ANGELS CO-INVESTMENT FUND I, LLC By Grand Angels Company, LLC Its Manager ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ IRREVOCABLE TRUST DATED JANUARY 5, 2004 By: /s/ ▇▇▇▇ ▇.
The capitalized terms in the SLP and the GLT shall have the definitions provided for in Part "B" Definitions.
The following clauses integrate and/or supersede related articles in the GLT.
If the Company changes its current system of classifying employees in compensation bands and management tiers, the references to Bands 50, 60 and 70, Executive Officers and GLT members in this Section V will be construed to mean the compensation level(s) and management tiers in the new or revised system that, in the Company’s discretion, most closely approximates these bands and management tiers under the current system.
The Executive, at any point during which he is a GLT member, shall be required, within five (5) years of the date Executive initially becomes a GLT member, or the Effective Date of this Agreement, whichever is later, and for the duration of the time which Executive remains a GLT member, to own common stock in CRH plc which is valued at 150% of the Executive’s Base Salary on the Effective Date of this Agreement (the “Required Ownership Percentage”).
In addition to the foregoing, as to any such bonus received by the Executive during the time the Executive is a GLT member, 25% of such bonus will be delivered in restricted shares of common stock of CRH, plc which will vest three (3) years after the date of grant of such shares.
Note: The Renter must provide GLT with adequate notice about building access requirements.
Shares of Glatfelter common stock currently trade on the NYSE under the symbol GLT.
If during the Executive’s service on the GLT, the Executive experiences a Qualifying Termination, other than in connection with a Change of Control under Section 6.C, the Executive will be entitled to receive cash severance equal to two (2) times the Executive’s Covered Compensation (the “Termination Severance”).