RSPIP definition

RSPIP means AOG’s restricted share performance incentive plan;
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Examples of RSPIP in a sentence

  • The Plan replaced the previous Restricted Trust Unit (“RTU”) plan that was in place prior to the conversion to a corporation and outstanding grants under the RTU are now subject to the RSPIP.

  • Subsequent to the corporate conversion, 547,738 shares were issued in satisfaction of grants vesting under the RSPIP.

  • In January 2010, an RSPIP grant was made to service providers valued at $7.27 per share or $5.6 million and to be issued in shares.

  • The Board has not accelerated the vesting terms for any of the Restricted Shares granted since inception of the RSPIP.

  • The RSPIP authorized the Board of Directors to grant restricted shares to service providers, including directors, officers, employees, and consultants of Advantage.

  • The Return Period is as defined per the RSPIP and generally comprises a twelve month period beginning no earlier than the date of conversion to a corporation on July 9, 2009.

  • The primarily key parameters and targets that determine whether or not there is a grant of Restricted Shares and the magnitude of such a grant are the Total Return Percentage and the Peer Group Percentile Rank during the Return Period, as defined per the RSPIP.

  • Represents the grant date fair value of Restricted Shares granted under the RSPIP.

  • Each Restricted Share will entitle the holder to be issued the number of Common Shares designated in the Restricted Share Award and such Restricted Shares will vest with Common Shares issued as to one-third on the Grant Date (as defined in the RSPIP) and as to one-third on each of the first and second anniversary dates of the Grant Date or such earlier or later dates as may be determined by the Board.

  • Compensation cost related to the RSPIP is recognized as share based compensation expense within general and administrative expense over the service period of the service providers and incorporates the fair value at grant date, the estimated number of restricted shares to vest, and certain management estimates.

Related to RSPIP

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • RSP means Rail Settlement Plan Limited;

  • PIP means personal injury protection coverage provided as part of an automobile insurance policy issued in New Jersey. PIP refers specifically to provisions for medical expense coverage.

  • STI means sexually transmitted infection;

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • EDSP means the Exchange Delivery Settlement Price and has the meaning attributed to it in Rule PPPP.5.

  • SIP means Session Initiation Protocol.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • EIP means the Company’s 2006 Equity and Incentive Plan, as amended from time to time, or any successor plan.

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

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

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • PSU means Public Sector Undertaking

  • ESP means the Company’s Executive Savings Plan.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Nursing Service Plan means the plan that is developed by the registered nurse based on an Individual’s initial nursing assessment, reassessment, or updates made to a nursing assessment as a result of monitoring visits. The Nursing Service Plan must describe all licensed nursing services the Individual shall receive and be pursuant to the Individual’s Service Plan.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • SSP is the amount of the Salary Severance Payment, before the deduction of applicable federal, state and local withholding taxes;

  • SPP Has the meaning stated in the preamble of this Agreement.

  • Nutrient management plan means a plan developed or approved by the Department of Conservation and Recreation that requires proper storage, treatment and management of poultry waste, including dry litter, and limits accumulation of excess nutrients in soils and leaching or discharge of nutrients into state waters.

  • PSP or “PSPs” means the State’s IT Policies, Standards and Procedures. “SSAE” means Statement on Standards for Attestation Engagements.

  • Individualized service plan means a plan prepared by a

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • 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;

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;