Management Compensation Plan definition

Management Compensation Plan means those certain plans by which Reorganized Delphi shall implement a management compensation program for certain members of management, directors, and other employees on and after the Effective Date, as set forth on Exhibit 7.8 hereto.
Management Compensation Plan means that certain Euramax Management Incentive Plan pursuant to which (i) nine and 87/100 percent (9.87%) of the fully diluted outstanding Common Stock of the Company as of the date hereof will be reserved for issuance to certain members of management of the Company and (ii) one percent (1%) of the fully diluted outstanding Common Stock as of the date hereof will be reserved for issuance to members of the Board, each as determined by the Board, and in each case, calculated after giving effect to the potential issuance of all Common Stock under the Management Compensation Plan.
Management Compensation Plan means an executive emergence and long-term incentive program approved by the board of directors of the Reorganized Debtors and implemented for the benefit of the Reorganized Debtors’ employees, members of management, and directors and designed to (i) recognize the experience, qualifications, and proven track record of the Reorganized Debtors’ management team and (ii) provide incentives for the beneficiaries thereof to maximize value for stockholders after the Effective Date.

Examples of Management Compensation Plan in a sentence

  • For promotion to a management position the probation and salary procedures shall follow those prescribed in the various applicable provisions of the Management Compensation Plan.

  • In addition, it includes the County Manager, General Manager of Xxxxx County Water Reclamation District, Law Library Director, General Manager of Xxxxx County Regional Flood Control District, his/her deputy and immediate assistants, attorneys, all classifications assigned to the Management Compensation Plan and others who are primarily responsible for formulating and administering management policy and programs.

  • RESOLVED FURTHER, That for individuals covered under the Management Compensation Plan, the following payroll year cost of living salary increases are approved: 2012 – 1.0%; 2013 – 1.5%; 2014 – 2.0%, and a one-time lump sum payment of $480, not added to the salary base, is approved for individuals covered by the plan as of July 1, 2013.LEGISLATIVE PROTOCOL POLICYRESOLUTION NO.

  • On the Effective Date, 4% of the New Common Stock of Reorganized Group shall be issued to senior management pursuant to the Management Stock Plan, on the terms set forth in the Management Compensation Plan attached hereto as Exhibit 7.7.

  • Explain the basis of the 10% reduction in Restoration costs and how specifically the Company plans to achieve this objective.


More Definitions of Management Compensation Plan

Management Compensation Plan means the compensation plan formed in accordance with Article XI of this Plan to compensate current key management and employees for their efforts in reorganizing Atlas and to facilitate the orderly transition to future management, as may be required.
Management Compensation Plan means that certain Management Incentive Plan approved by the Bankruptcy Court on July 16, 2004.
Management Compensation Plan means those certain plans by which Reorganized Group shall deliver an amount of shares of New Equity on the Effective Date and certain stock options and restrictive stock grants to certain members of management, directors and other employees on and after the Effective Date, as set forth on Exhibit A hereto.
Management Compensation Plan means those certain plans and/or agreements by which the Reorganized Debtors, as substantially in the forms set forth on Exhibit
Management Compensation Plan means those certain plans and/or agreements by which the Reorganized Debtors, as substantially in the forms set forth on Exhibit 7.11 hereto, and ^ Company Buyer shall implement a compensation program for certain members of management and other employees on and after the Effective Date.
Management Compensation Plan means the Company’s Management Change of Control Plan effective as of June 27, 2014.
Management Compensation Plan means those certain plans and/or agreements by which the Reorganized DelphiDebtors, as substantially in the forms set forth on Exhibit 7.11 hereto, and Parnassus shall implement a management compensation program for certain members of management, directors, and other employees on and after the Effective Date, as set forth on Exhibit 7.8 hereto.