LTIP Award Election Date definition

LTIP Award Election Date means, for any LTIP cycle, November 30 of the last Fiscal Year of the LTIP cycle (or such other date as selected by the Committee or its appointed representative, provided that the Committee or its appointed representative shall not select any such other date with respect to any LTIP cycle unless the date, (1) is the same date for all Eligible Employees and (2) is no later than the last day of the LTIP cycle or such earlier date as the Committee or its appointed representative determines is necessary to be satisfied that, for income tax purposes, no Participant may be in constructive receipt of any Compensation deferred under this Plan).
Sample 1

Examples of LTIP Award Election Date in a sentence

  • If an Eligible Employee fails to give such written notice of election by the LTIP Award Election Date, such failure will be deemed an election not to defer any LTIP Award payable to him/her for services rendered in the LTIP cycle.

  • If an Eligible Employee fails to give such written notice of election by the Annual Bonus Election Date, or LTIP Award Election Date as applicable, such failure will be deemed an election not to make a Deferred Equity Swap with respect to amounts otherwise payable to him for services rendered in such Fiscal year or LTIP Cycle, as applicable.

  • Each Eligible Employee shall give written notice to the Committee or its appointed representative, of his/her election to defer the LTIP Award (or portion of any LTIP Award) expected to be payable to him/her for services rendered in the Fiscal Years of an LTIP cycle that end nearest to the end of each Plan Year in an LTIP cycle, no later than the LTIP Award Election Date.

  • A Participant may make changes in his/her previously made Deferred Equity Swap election no later than the Annual Bonus Election Date or LTIP Award Election Date, as applicable.

  • The preceding chapters have demonstrated that when it comes to understanding why network operators have foregone application-specific traffic management, the subtleties of the regulatory environment were more influential than the presence of competition.

  • A Participant may make changes in his/her previously made deferral election for an LTIP Award otherwise expected to be payable to him/her for services rendered in a LTIP cycle up to and including the LTIP Award Election Date.

  • Each Eligible Employee shall give written notice to the Committee or its appointed representative of his/her election to defer the LTIP Award (or portion of any LTIP Award) expected to be payable to him/her for services rendered in the Fiscal Years of an LTIP cycle that end nearest to the end of each Plan Year in an LTIP cycle, no later than the LTIP Award Election Date.

  • Each Eligible Employee shall give written notice to the Committee or its appointed representative of his/her election to defer (in the form of a Deferred Equity Swap) all or any portion of the Eligible Employee's Equity Swap Common Shares otherwise payable to him/her for services rendered pursuant to an Equity Swap with respect to an Annual Bonus or LTIP Award, no later than the Annual Bonus Election Date or LTIP Award Election Date, as applicable.

Related to LTIP Award Election Date

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Deferral Election Form means each form established from time to time by the Administrator that the Executive completes, signs and returns to the Administrator to designate the amount of Deferrals.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Plan Year means the calendar year.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Election Date has the meaning specified in Section 312(h).

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.