LTIP Term definition

LTIP Term means the term of 5 (five) consecutive years from the date of the execution of the Agreement;
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LTIP Term means the term of 5 (five) consecutive years from 8 November 2017;
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Examples of LTIP Term in a sentence

  • The Company shall pay you the LTIP Amount accumulated during the LTIP Term on or promptly after the three-year anniversary of the Effective Date.

  • The Heirs undertake to open and maintain a brokerage account at the Broker for a period no shorter than until the lapse of the later of: (i) the last Call Option Period; or (ii) LTIP Term (the “Brokerage Account”).

  • The Advisor shall regularly inform the Company about the Tested Share Price: (i) on the last Business Day of each week during the LTIP Term; or (ii) after the Tested Share Price reaches any of the price levels referred to in Clause 2.2, which would result in vesting of any of the Call Option Tranches, in which case the Advisor shall inform the Company within 1 (one) Business Day about such fact.

  • The LTIP is a long-term bonus program pursuant to which you accumulate a bonus amount (the “LTIP Amount”) over the LTIP Term.