non-equity incentive plan definition

non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;
non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan; “option-based award” means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features; “plan” includes any plan, contract, authorization, or arrangement, whether or not set out in any formal document, where cash, securities, similar instruments or any other property may be received, whether for one or more persons; “replacement grant” means an option that a reasonable person would consider to be granted in relation to a prior or potential cancellation of an option; “repricing” means, in relation to an option, adjusting or amending the exercise or base price of the option, but excludes any adjustment or amendment that equally affects all holders of the class of securities underlying the option and occurs through the operation of a formula or mechanism in, or applicable to, the option; “share-based award” means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.
non-equity incentive plan means, for the purposes of applicable Canadian securities legislation, an incentive plan or portion of an incentive plan that is not an incentive plan under which awards are granted and that falls within the scope of IFRS 2 Share-Based Payment.

Examples of non-equity incentive plan in a sentence

  • As soon as practicable following the Distribution, AWI shall transfer to AFI the AWI Non-Equity Incentive Plan accruals in respect of AFI Group Employees and Former AFI Group Employees for the portion of the 2016 performance period that occurs prior to the Distribution.

  • Such Non-Equity Incentive Plan shall be separate from any existing or future performance-based bonus plans for employees and shall, among other things, reward such Critical Individuals for achieving a change of control event.

  • Change in Pension Value/ Nonqualified Deferred Salary Bonus Stock Awards Option Awards Non-Equity Incentive Plan Compensation Compensation Earnings All Other Compensation Name and Principal Position Year ($) (1) ($)(2) ($)(3)(4) ($)(3)(5) ($)(6) ($)(7) ($) Total ($) Xxxxxxx X.


More Definitions of non-equity incentive plan

non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan; “option-based award” means an award under an equity incentive plan of options, including, for greater certainty, shareoptions, share appreciation rights, and similar instruments that have option-like features;
non-equity incentive plan has the meaning set forth in Section 8.15.

Related to non-equity incentive plan

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Equity Awards means all options to purchase shares of Company common stock, as well as all other stock-based awards granted to the Executive, including, but not limited to, stock bonus awards, restricted stock, restricted stock units and stock appreciation rights.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • 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).

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.