LTI Payment definition

LTI Payment means the amount payable to a Participant as set forth on Exhibit C.
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LTI Payment means the amount that would otherwise be payable to an Eligible Executive for a Plan Year under any long-term incentive program of the Company.
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LTI Payment means the payment amount determined in accordance with Section VII of the Plan.
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Examples of LTI Payment in a sentence

  • The LTI Payment shall be calculated by multiplying the Executive’s Base Salary by the applicable multiple reflected in Exhibit A.

  • Fifty percent (50%) of the LTI Payment shall be paid to the Executive on or before March 15, 2019, and the remaining fifty percent (50%) shall be paid on or before December 9, 2019.

  • In the event you are an executive officer of the Company who meets the specifications under Rule 3b-7 under the U.S. Securities Exchange Act of 1934, as amended, you hereby acknowledge and agree that the LTI Payment is subject to the Company’s Recoupment Policy and the Company’s remedies under the Recoupment Policy include but are not limited to repayment of the LTI Payment.

  • Any LTI Payment is due upon the Change of Control, or the closing of the Sale date, and is not dependent on the Executive continuing employment with the Company or being offered or accepting employment with the Company subsequent to the Change of Control, or Sale.

  • The LTI Payment shall be paid to the Executive on or before the Change in Control.

  • In the event of the Executive’s death, the LTI Payment shall be made to the Executive’s designated beneficiary or to the Executive’s estate, if no beneficiary has been designated.

  • Parent shall cause the Surviving Corporation or an Affiliate to pay the Company LTI Payment Amount to the holder of the applicable Company LTI Award at or reasonably promptly after the Effective Time (but in no event later than three (3) Business Days after the Effective Time).

  • Payment of any Bonus for 2013 or any Cash LTI Payment will be made at the regularly scheduled times pursuant to the plan documents.