LTIP definition

LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.
LTIP or "long term incentive plan" means any plan which provides compensation intended to serve as incentive for performance to occur over a period longer than one financial year, but does not include option or stock appreciation right plans or plans for compensation through restricted shares or restricted share units.
LTIP means benefit plans, programs and practices adopted by the General Partner pursuant to Section 7.5(c).

Examples of LTIP in a sentence

  • Originally granted as LTIP Units and exchanged for RSAs on October 29, 2021, subject to the same vesting terms.

  • In addition, any Cash LTIP would be paid out according to the terms of the award, all restricted stock and restricted stock units would vest and all stock options would vest and remain exercisable for the full unexpired term of the option.

  • Incentive would be prorated for the fiscal year in which the termination occurred and any Cash LTIP would be paid out according to the terms of the award.

  • In addition, any Cash LTIP award would be paid out according to the terms of the award, all restricted stock and restricted stock units would vest and all stock options would vest and remain exercisable for the full unexpired term of the option.

  • The primary difference is that cash flow for Cash LTIP is reduced by capital expenditures.


More Definitions of LTIP

LTIP means the Nucor Corporation Senior Officers Long-Term Incentive Plan and any successor plan.
LTIP or “Long Term Incentive Plan” means the Company’s 2005 Long-Term Incentive Plan or other long-term incentive plan of the Company pursuant to which Executive receives Equity Based Awards, as in effect from time to time.
LTIP means the Summit Midstream Partners, LP 2012 Long-Term Incentive Plan adopted by the Partnership in connection with Registration Statement 333-184214, filed by the Partnership with the Securities and Exchange Commission on October 1, 2012, and any additional long-term incentive plan adopted in the future and identified by the Company or the Partnership, in the adopting resolution or otherwise, as an “LTIP” pursuant hereto.
LTIP means the Company’s Long-Term Incentive Plan.
LTIP or “Long-term Incentive Plan” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIP’s do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale.
LTIP means Company’s Amended and Restated Long-Term Incentive Plan, effective on June 18, 2010, and if hereafter further amended by Company then as hereafter so further amended.