Incentive Plan definition

Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;
Incentive Plan means any plan or arrangement pursuant to which the Company may compensate its employees, consultants, directors and/or service providers.
Incentive Plan means any compensation arrangement, plan, policy, practice or program established, maintained or sponsored by the Company or any subsidiary of the Company, or to which the Company or any subsidiary of the Company contributes, on behalf of any Executive Officer and which provides for incentive, bonus or other performance-based awards of cash, securities, the phantom equivalent of securities or other property, including any stock option, stock appreciation right and restricted stock plan, but excluding any plan intended to qualify as a plan under any one or more of Sections 401(a), 401(k) or 423 of the Code.

Examples of Incentive Plan in a sentence

  • For the remainder of the term hereof, the Executive shall be entitled to participate in the Company’s Annual Incentive Plan (the “Annual Incentive Plan”) on terms to be determined annually by the Compensation Committee prior to the commencement of each fiscal year.

  • If the Executive is subject to an Involuntary Termination prior to March 31 of any calendar year, and has, therefore, not yet received payment for the prior year under the Annual Incentive Plan, then the Executive will also be entitled to such payment under the Annual Incentive Plan as he would otherwise have been entitled to receive had he remained employed on March 31 of the year of Involuntary Termination.

  • Nothing contained herein shall obligate the Company to continue the Annual Incentive Plan.

  • These grants will remain subject to all of the other terms and conditions in the Bar Harbor Bankshares and Subsidiaries Incentive Stock Option Plan of 2000, the Bar Harbor Bankshares and Subsidiaries Equity Incentive Plan of 2009, or any other equity plan.

  • Any compensation paid to the Executive under the Annual Incentive Plan shall be in addition to the Base Salary.


More Definitions of Incentive Plan

Incentive Plan shall have the meaning as set forth in Section 5(c).
Incentive Plan means the Company’s Executive Performance Incentive Plan.
Incentive Plan means a group plan that provides for stock options or other equity incentives, profit sharing, bonuses, or other performance-based payments;
Incentive Plan has the meaning set forth in Section 3.3(b).
Incentive Plan means the NorthStar Healthcare Income, Inc. Amended and Restated Long Term Incentive Plan, or any subsequent equity compensation plan approved by the Board and designated as the Incentive Plan for purposes of this Plan.
Incentive Plan means the Express Scripts, Inc. 2000 Long-Term Incentive Plan, as amended from time to time.
Incentive Plan shall have the meaning set forth in Section 3.2.2.