Examples of Otis LTIP in a sentence
Effective as of no later than immediately prior to the Effective Time, Carrier shall establish the Carrier LTIP and Carrier DSU Plan and Otis shall establish the Otis LTIP and the Otis DSU Plan, which plans shall have substantially the same terms as those of the UTC LTIP and the UTC DSU Plan, respectively, as of immediately prior to the Effective Time.
Carrier may make such changes, modifications or amendments to the Carrier LTIP and the Carrier DSU Plan and Otis may make such changes, modifications or amendments to the Otis LTIP and the Otis DSU Plan, in each case, as may be required by applicable Law or as are necessary and appropriate to reflect the Separation or to permit the implementation of the provisions of Article IV or Section 6.02.
Pursuant to the Transaction, he remained a participant in the UTC LTIP (now under the name RTX) and became a participant in the Carrier LTIP and the Otis LTIP.
Pursuant to the Transaction, he remained a participant in that plan (now under the name RTX) and became a participant in the Carrier LTIP and the Otis LTIP.
GR-ER-CLAIM-INS-TCA (03/17) Page 1 of 1Fs/f Life insurance claim formEmployer/benefit administrator statementUse this form to file a life insurance claim when one of your employees/plan members or their dependents has died.
Machuga was a participant in the UTC LTIP, the United Technologies Corporation 2018 Long-Term Incentive Plan (the “UTC 2018 LTIP”), the UTC Deferred Compensation Plan (the “UTC DC Plan”), the UTC PSU Deferral Plan and the UTC SRP before the Transaction and now is a participant in the UTC LTIP (now under the name RTX), Carrier LTIP, Otis LTIP, the Carrier DC Plan, the Carrier PSU Deferral Plan and the Carrier SRP after the Transaction.
Carrier and Otis specifically acknowledged their successor liability for the outstanding awards issued under the UTC Plans that were converted to awards under the Carrier LTIP and the Otis LTIP, respectively.
Otis and the Otis LTIP, having accepted and assumed the liabilities the compensation and employee benefits owed to members of the Otis Group, including the compensation owed under the UTC LTIP and the 2018 UTC LTIP, is liable for the UTC LTIP, 2018 UTC LTIP and UTC’s breach of good faith and fair dealing.
Hardesty was a participant in the UTC LTIP before the Transaction and has remained a participant in that plan (now under the name RTX) and now is a participant in the Carrier LTIP, Otis LTIP, Carrier Global Corporation LTIP Performance Share Unit Deferral Plan (“Carrier PSU Deferral Plan”), Carrier Global Corporation Deferred Compensation Plan (“Carrier DC Plan”) and Carrier SRP after the Transaction.
The Tonga Law Reports are up to date with the recent receipt of the 2016 Tonga Law Reports from the Editor.