Profit Share Plan definition

Profit Share Plan means any management profit sharing or incentive compensation plan of the Company covering a Participant.
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Profit Share Plan means the employee profit sharing plan of the Corporation.
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Examples of Profit Share Plan in a sentence

  • Andrew Clifford received no cash variable awards from either the Investment Team Plan or the Profit Share Plan.

  • The investment team has access to the Investment Team Plan and the Profit Share Plan.

  • After this period, an additional three-year holding period with vesting scheduled to occur in 2024.Enterprise Profit Share Plan The grant is split into two tranches with continued service for two and three years respectively.

  • Copies of this budget amendment shall be furnished to the Clerk to the Governing Board, to the Budget Officer and the Finance Officer for their direction.

  • Plan Long-term Incentive PlanShort-term Incentive Deferral Plan, Transition Incentive award and Retention award Enterprise Profit Share Plan and Deferred Bonus Equity PlanOverviewShare rights give the participant the right to acquire one fully paid ordinary share in AMP Limited after a specified service period.

  • Phillippone Profit Share Plan; and 029.11-2-075, containing a total of 1 acre of land, owned by J.

  • To enforce the long term element of remuneration, in common with all other employees of the Group, under the Deferred Profit Share Plan (“DPSP”) (see below for further details) one third of Directors’ profit share, above £50,000, has to be paid in deferred shares under the DPSP.

  • Plan Long-term Incentive PlanShort-term incentive Deferral Plan, Transition Incentive award and Retention awardEnterprise Profit Share Plan and Deferred Bonus Equity PlanOverviewShare rights give the participant the right to acquire one fully paid ordinary share in AMP Limited after a specified service period.

  • The investment team is eligible to participate in the Investment Team Plan (ITP) and the Profit Share Plan (PSP).

  • Accordingly, although the Nomination and Remuneration Committee had initially intended for Mr Clifford to receive a partial award under the CEO Plan, the Nomination and Remuneration Committee ultimately recommended that Mr Clifford should not receive any variable remuneration awards under the CEO Plan, or under any of the other variable remuneration plans (Investment Team Plan and the Profit Share Plan).

Related to Profit Share Plan

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer or director for services provided to the Company in their capacity as such.

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • 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;

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

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

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Share Incentive Plan means any one of the foregoing plans.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;