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 the Nucor Corporation Senior Officers Long-Term Incentive Plan and any successor plan.

Examples of LTIP in a sentence

  • The Employee will have the opportunity to earn annual equity-based compensation equal in value to his LTIP Target, multiplied by the Employee's current annual Base Salary, if the objectives set by the board, in its sole discretion, are met and the potential to earn a higher amount if the Employee materially exceeds such objectives.

  • Concurrent with the execution hereof and pursuant to a Board resolution, the Employee's annual target equity-based compensation percentage has been set at 90% subject to increase from time to time in accordance with section 4.1.3 hereof ("LTIP Target").

  • The Employee will have the opportunity to earn annual equity-based compensation equal in value to her LTIP Target, multiplied by the Employee's current annual Base Salary, if the objectives set by the board, in its sole discretion, are met and the potential to earn a higher amount if the Employee materially exceeds such objectives.

  • Concurrent with the execution hereof and pursuant to a Board resolution, the Employee's annual target equity-based compensation percentage has been set at 120% subject to increase from time to time in accordance with section 4.1.3 hereof ("LTIP Target").

  • In addition to any malus/clawback provisions set forth in any applicable Company performance-based pay arrangements (i.e. LTIP share plan, POSP share plan, annual bonus), Executive shall be subject to the requirements of the Company's Executive Compensation Clawback Policy.


More Definitions of LTIP

LTIP means benefit plans, programs and practices adopted by the General Partner pursuant to Section 7.5(c).
LTIP means long term incentive plan.
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 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 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.