Incentive Letter definition

Incentive Letter means any special incentive letters executed by any of the Debtors in favor of any of the Debtors’ employees within sixty (60) days of the Petition Date.
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Incentive Letter means the letter from the Company informing an Eligible Employee of the Company or any Affiliate of his or her selection to be a Participant in the Plan and setting forth the terms and conditions of the Participant’s participation in the Plan as determined by the Committee in its sole discretion.
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Examples of Incentive Letter in a sentence

  • Title to, and risk of loss for, each Products ordered shall pass at FOB shipping point – ECM Industries LLC’s docks for CREDIT AND PAYMENTS.

  • Please indicate that the above accurately reflects our understanding by signing this Equity Incentive Letter in the space provided for your signature below and returning a copy of this Equity Incentive Letter to the undersigned party.

  • This Equity Incentive Letter shall be binding upon and inure to the benefit of the parties to this agreement and their respective successors and assigns, including, without limitation, SC Inc.

  • You hereby agree to waive the right to a jury trial in any dispute under this Equity Incentive Letter or any of the agreements referenced herein.

  • This Equity Incentive Letter shall be governed by and construed in accordance with, the law of the State of Delaware, without regard to principles of conflicts of law.

  • You acknowledge and agree that you have had an opportunity to consult, and you have consulted, to the extent so desired, with financial, legal and tax advisors of your own selection with respect to the Restricted Shares and the terms of this Equity Incentive Letter.

  • Buyer shall cause ASFC to comply with the Incentive Letter Agreements in accordance with their terms.

  • Notwithstanding anything in this Equity Incentive Letter to the contrary, in no event shall any of your Restricted Shares become Vested Shares unless and until you deliver to SC Inc.

  • By signing this Agreement, you agree that, upon the effectiveness of this Equity Incentive Letter pursuant to paragraph (f) hereof, any and all such membership interests shall be cancelled and forfeited, and shall be null, void and without any legal force or effect.

  • By countersigning and returning a copy of this Equity Incentive Letter, you agree that you shall be bound by all of the terms of the Equity Incentive Letter, including the provisions set forth in Annex A hereto, and that, if at any time you commit a breach of this Equity Incentive Letter, including the provisions of Annex A hereto, you will forfeit all Restricted Shares owned by you at the time of your breach.

Related to Incentive Letter

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • 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;

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • 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 agreement means the contract between the business