Examples of Phantom Equity Plan in a sentence
Represents the impact of the change in value and vesting of phantom equity units pursuant to the Pilot Phantom Equity Plan.
Participants in the Phantom Equity Plan will participate (based on a granted award percentage) in the common equity value creation of the Company above a dollar threshold determined by the Board or its designee and set forth in the Phantom Equity Plan.
Corporate/Other contains certain assets (primarily cash and deferred financing costs), and related expenses that are not allocated to the segments (including compensation expense associated with the Phantom Equity Plan and Equity Plan), except to the extent that the expense can be directly attributable to the segment.
LDH Energy accounts for grants under the Phantom Equity Plan as liability awards under ASC 718–Compensation-Stock Compensation and uses fair value to measure compensation expense related thereto.
The Executive shall be entitled to participate in the School Bus Holdings Phantom Equity Plan (as amended or revised from time to time, in the sole discretion of the Board or its designee, the “Phantom Equity Plan”).