Post-Effective Date Management Incentive Program definition

Post-Effective Date Management Incentive Program means a management incentive program that the Board of Managers of Reorganized Majestic Holdco may, but shall have no obligation to, develop, adopt, and implement on or after the Effective Date.

Examples of Post-Effective Date Management Incentive Program in a sentence

  • In the Netherlands and Denmark domestic helpers as well as live-in care workers constitute only a limited share of the long-term care workforce, and the regulation of domestic care work mainly concerns professions that provide domestic chores and non-professional care for older people and children.

  • Up to ten percent (10%) of the New Membership Interests on a fully diluted basis shall be reserved as of the Effective Date for the implementation of a Post-Effective Date Management Incentive Program if the Board of Managers elects to issue all or any of such New Membership Interests as part of such program.

Related to Post-Effective Date Management Incentive Program