Group Incentive Scheme definition

Group Incentive Scheme means Limited’s or PLC’s Group Incentive Scheme (as varied or replaced from time to time), as applicable.
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Examples of Group Incentive Scheme in a sentence

  • To avoid doubt, ▇▇ ▇▇▇▇▇▇▇▇ acknowledges and agrees that remuneration payable under this clause 4.2 is taken not to form part of his “Gross Salary” for the purposes of the Group Incentive Scheme.

  • For the remainder of FY2013, ▇▇ ▇▇▇▇▇▇▇▇▇ continued to participate in the Group Incentive Scheme (GIS) in regard to short-term incentives, and in the Long Term Incentive Plan (LTIP) in regard to long-term incentives.

  • To avoid any misunderstanding, ▇▇ ▇▇▇▇▇▇▇▇ acknowledges and agrees that the entitlements set out in this deed are intended to be an exhaustive statement of his entitlements in each circumstance of termination, except for any rights which he has or may have under the rules of the Group Incentive Scheme or any BHP Billiton Retirement Savings Plan in which he participates (or any other plans in which he is participating at the time of termination) as they apply to him at the time of termination.

Related to Group Incentive Scheme

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;