Incentive Compensation Programs definition

Incentive Compensation Programs shall have the meaning set forth in Section 2.2, and shall include the Annual Bonus and the Long-Term Incentive programs referenced in Attachment "A".
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Examples of Incentive Compensation Programs in a sentence

  • In addition to Base Salary, Executive shall continue while employed hereunder to participate in Company's incentive compensation programs (including any annual bonus program, any long-term incentive program, and any successor programs) as set forth on Attachment "A" hereto (including any future amendments) (the "Incentive Compensation Programs").

  • Executive may be awarded additional compensation (such as stock options, shares of incentive stock, or shares of restricted stock) pursuant to the present or any future incentive compensation or long-term compensation program established for the senior officers of the Company (collectively the "Incentive Compensation Programs"), in an appropriate manner for the position occupied by Executive and his performance therein relative to other Company senior executives and consistent with Company pay practices.

  • Buyer shall in no event be required to reimburse Seller for any tax benefit that Buyer or any of its Affiliates (including, after the Closing Date, the Transferred Entities) realize in respect of (i) the 2009 Long-Term Incentive Awards, (ii) any cash bonus that is awarded pursuant to the terms of a 2009 Bonus Plan that is not paid by Seller prior to the Closing Date or (iii) any awards granted under the 2010 Incentive Compensation Programs.

  • For the avoidance of doubt, Buyer and its Subsidiaries shall be responsible for granting all awards under the 2010 Incentive Compensation Programs to the Transferred Employees and, except as otherwise expressly provided herein, paying all costs associated with such awards granted to the Transferred Employees.

  • Incentive Compensation Programs and Gross Margin and Profit Improvement Objective: To jointly develop new incentive compensation programs for Colt hourly employees to replace the gain and profit sharing programs contained in the CBA.

  • Upon a Change in Control, all unvested stock options and restricted stock held by you under the Incentive Compensation Programs shall immediately vest and be non-forfeitable.

  • Any equity and option awards made to the Executive as of the date of this Agreement and any equity and option awards which shall be made to the Executive during the Employment Term shall be subject to, and shall benefit from, any favorable amendments or revisions to the terms and conditions of any of the Company's Incentive Compensation Programs (including, without limitation, any action resulting in extended exercise periods) that may be implemented on or after the date hereof.

  • Employee shall be entitled to participate in all Senior Management Incentive Compensation Programs of Employer from time to time in effect and as adopted by the Compensation Committee of Employer's Board of Directors, as the terms of such programs may be modified, amended or terminated from time to time by and at the sole discretion of such Compensation Committee.

  • However, future milestones and time-sensitive plans, excepting those related to Incentive Compensation Programs as found in attached Exhibit B, Compensation, as such will be mutually agreed by Client and Consultant, shall be based on a Retainer of forty (40) hours per month and shall only anticipate and include Retainer Plus hours when specifically requested in writing by the BOD or its representative so designated.

Related to Incentive Compensation Programs

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).