Long-Term Incentive Plan definition
Examples of Long-Term Incentive Plan in a sentence
Without limiting the generality of the foregoing, during the Term, the Executive shall be eligible to participate in the Short-Term Incentive Plan (“STIP”) and Long-Term Incentive Plan the (“LTIP”) offered by the Company to its senior management.
Each stock option granted by the Company under the Company’s stock option plans was granted (i) in accordance with the terms of the Company’s 2021 Share Incentive Plan, as amended, or 2023 Long-Term Incentive Plan, as amended, as applicable, and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law.
You will be eligible for consideration for an annual long-term incentive award under the B▇▇▇▇ Long-Term Incentive Plan (“LTIP”).