Incentive Programme definition

Incentive Programme means the equity incentive programme (including the relevant eligibility criteria, applicable good and bad leaver provisions and vesting criteria settlement

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Incentive Programme means the equity incentive programme (including the relevant eligibility criteria, applicable good and bad leaver provisions and vesting criteria settlement terms) under which certain employees of the Group are eligible to acquire DRs (subject to the applicable terms and conditions), in the Agreed Form;

Incentive Programme means the equity incentive programme for the employees of the Group (the term sheet of which is set out in Schedule 18);

Examples of Incentive Programme in a sentence

• If the company or any of its subsidiaries should up list to a National Exchange through an initial public offering (IPO) the Officer is entitled to an appropriate market based salary in accordance with the size and performance of the business, payable in 12 equal monthly payments, on the last day of every month, plus annual bonus in line with a revised appropriate Short Term Incentive Programme (STIP), all subject to approval by the Board of Directors.

• The Parties agree that any further issue of any Shares to Stichting shall be subject to prior approval by the Principal Shareholders or the Board Super Majority, unless the Incentive Programme provides otherwise.

• The Executive shall also be eligible to participate in the Parent's Annual Long-Term Incentive Programme (the "LTIP"), details of which are available on application to the compensation committee of the Parent Board.

• The Executive shall also be eligible to participate in the Parent’s Annual Long-Term Incentive Programme (the “LTIP”), details of which are available on application to the compensation committee of the Parent Board.

• Programme (STIP): M▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ is eligible for the Company Officer’s Short Term Incentive Programme (STIP), a Performance Based Target opportunity.

• For the avoidance of doubt, in the event of a Change in Control before 1 February, 2009 (as defined in the contract of employment) of Chesapeake or a sale or divestiture of the Company so that it is no longer an Associated Company of Chesapeake, such unvested shares under the Long-Term Incentive Programme (which have not been forfeited) shall vest.

• During the time period allotted to each level of progression, as outlined in the Operator Technician Incentive Programme, the Company will provide training materials and adequate training opportunity so that each employee will be qualified to advance to successive levels.

• Programme (STIP): Mr L▇▇▇ is eligible for the Company Officer’s Short Term Incentive Programme (STIP), a Performance Based Target opportunity.

• The value of the award will be the lower of 3% of the Participant’s eligible earnings under the ConocoPhillips Variable Cash Incentive Programme for the year-ended 31 December 2011, and £3,000.

• The Operator Incentive Programme for Plant will be separate from Plant and will read as attached.

More Definitions of Incentive Programme

Incentive Programme means the “Incentive Programme of the Bank” adopted by resolution of the Bank’s Annual General Meeting of Shareholders; 22) “Incentive Programme Rules” means the “Incentive Programme Rules” adopted at the Bank; 23) “Risk Taker” means a person identified as a Risk Taker I or Risk Taker II pursuant to the Risk Takers Identification Policy; 24) “Risk Taker I” means a Member of the Management Board of the Bank; 25) “Risk Taker II” means the persons holding positions other than the Members of the Management Board of the Bank, identified as having a material impact on the Bank’s risk profile pursuant to the Risk Takers Identification Policy; 26) “Risk Taker II - Bank Employee” means a Risk Taker II performing work for the benefit of the Bank; 27) “Risk Taker II - Member of a subsidiary’s Management Board” means a Risk Taker II who holds the position of a member of the management board of mBank Group’s subsidiary; 28) “Regulation” means the Regulation of the Minister of Development and Finance of 6 March 2017 on the Risk Management System, Internal Control System, Remuneration Policy as well as detailed Method for Banks’ Internal Capital Assessment (Journal of Laws 2017.637); 29) “Average Market Price” means the arithmetic mean of market price per the Bank's share, determined on the basis of the closing prices of the Bank’s shares on the WSE on each day of the Reference Period, in which WSE trading sessions took place; 30) “GM” means a General Meeting of the Bank’s Shareholders; 31) “Total Remuneration” means the sum of basic remuneration paid for a given calendar year and variable remunerationawarded for a given calendar year;

Incentive Programme means the equity incentive programme (including the relevant eligibility criteria, applicable good and bad leaver provisions and vesting criteria settlement terms) under which certain employees of the Group are eligible to acquire DRs (subject to the applicable terms and conditions), in the Agreed Form; Certain information in this document identified by brackets and three asterisks (“[***]”) has been omitted from this exhibit because it both (i) is not material and (ii) would be competitively harmful if disclosed.

Incentive Programme means any performance-based long-term incentive programme of the Issuer in force from time to time and as duly approved by the annual general meeting of the Issuer, under which programme participants are granted, subject to the conditions for such allotment are fulfilled, (i) performance-based share awards, and (ii) performance-based employee stock options, both entitling to conversion into ordinary shares in the Issuer.