MIP Plan definition

MIP Plan has the meaning set forth in Section 2.20(j).
MIP Plan means the Management Incentive Plan adopted by the Company, as the same may be amended, modified, supplemented or restated from time to time (including any successor thereto or replacement therefor).

Examples of MIP Plan in a sentence

  • The Executive will be entitled to participate in the Company's Management Incentive Plan (or any successor short-term incentive plan or program) (the "MIP Plan") for the Company's fiscal year 2002 and subsequent fiscal years during the Term in accordance with the terms and conditions of the MIP Plan with a target bonus of 100% of the Executive's annual base salary for each fiscal year (the "Target Bonus").

  • Bonus payments under this section shall be made on the same date as the other executives in the MIP Plan.

  • The Executive will be entitled to participate in the Company's Management Incentive Plan (or any successor short-term incentive plan or program) (the "MIP Plan") for the Company's fiscal year 2003 (on a prorated basis from Effective Date through fiscal year end) and subsequent fiscal years during the Term in accordance with the terms and conditions of the MIP Plan (the "Bonus").

  • Such RSUs shall be granted pursuant to the form of Restricted Stock Unit Agreement attached hereto as Exhibit B and the terms of the 2016 MIP Plan.

  • Payments for achievement above or below target will be on a straight line basis subject to the terms of the MIP plan, including the thresholds and caps contained in the MIP Plan.

  • The Transition and Separation Allowances, and the additional lump sum, include and exceed any paid time off, bonuses (other than an 8/12 pro rata 2007 MIP bonus, for which you will be eligible per the terms of the MIP Plan if other elected officers receive a 2007 MIP bonus and a 32/36 pro rata 2005-2007 LRIP bonus for which you will be eligible per the terms of the 2005 LRIP Plan if other elected officers receive a 2005-2007 LRIP bonus), or any other amounts that are unpaid as of your Separation Date.

  • Management Incentive Plan: For Fiscal Year 2010, if you execute and do not revoke this Agreement within the Revocation Period, you will be eligible to participate in the MIP Plan, pursuant to the terms of the Plan (other than those relating to the forfeiture of awards upon termination from employment prior to the fourth quarter, which shall not apply).

  • The MIP payment, if earned and approved by the Human Resources Committee of Viad Corp, will be paid in accordance with terms of the MIP Plan no later than March 31, 2011.

  • The Executive will be eligible to participate in the Company's Management Incentive Plan (or any successor short-term incentive plan or program) (the "MIP Plan") for the Company's fiscal year 2005 and subsequent fiscal years during the Term in accordance with the terms and conditions of the MIP Plan with a target bonus of 60% of the Executive's annual base salary for each fiscal year (the "Target Bonus").

  • The Executive will be entitled to participate in the Company's Management Incentive Plan (or any successor short-term incentive plan or program) (the "MIP Plan") for the Company's fiscal year 2002 and subsequent fiscal years during the Term in accordance with the terms and conditions of the MIP Plan with a target bonus of 60% of the Executive's annual base salary for each fiscal year (the "Target Bonus").

Related to MIP Plan

  • HACCP plan means a written document that delineates the formal procedures for following the Hazard Analysis Critical Control Point principles developed by The National Advisory Committee on Microbiological Criteria for Foods.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.