MIP Plan definition
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").