Short Term Incentive Plan definition

Short Term Incentive Plan means any Company’s annual short term cash bonus plan in which Executive participates, as in effect and as amended from time to time.
Short Term Incentive Plan means the FY2023 short-term incentive plan for LCI’s employees in existence as of the effective date of the Restructuring Support Agreement, as amended by the CEO STI Side Letter Agreement.
Short Term Incentive Plan means the Corporation's Short Term Incentive Plan and any other executive cash bonus or incentive plan of the Corporation, in each case as constituted and administered at the Effective Date;

Examples of Short Term Incentive Plan in a sentence

  • If Employee elects not to provide such release, Employee shall not be entitled to severance or to any Bonus that has not yet been approved by the Board and become earned and payable under the terms of the applicable Short Term Incentive Plan.

  • The compensation package for all Enbridge Gas employees, which includes DSM employees, consists of base pay and a Short Term Incentive Plan (“STIP”).

  • For 2018, the Short Term Incentive Plan now includes revenue alongside profit as a performance measure, with a meaningful weighting of 20% (profit retains its 50% weighting, and the individual component has been reduced to 30%).

  • The Short Term Incentive Plan (“STIP”) was introduced in 2001 for executive Directors as part of an overall plan to align the interests of all senior management more fully with shareholders interests.

  • The Short Term Incentive Plan is designed to obtain maximum performance of the employee and not an entitlement for payment on performance of job description.


More Definitions of Short Term Incentive Plan

Short Term Incentive Plan means the Company's Management Incentive Plan, together with other incentive compensation plans specifically approved for this purpose by the Committee.
Short Term Incentive Plan means any bonus or incentive compensation plan, policy, program or other arrangement pursuant to which awards payable in cash are made to a Participant in respect of an award period of one year or less.
Short Term Incentive Plan means the Company’s Short Term Incentive Plan in effect as of the Effective Date and all amendments, modifications, and successors thereto.
Short Term Incentive Plan means the Plans listed on Exhibit C of this Agreement.
Short Term Incentive Plan means the Xxxx Foods 2012 Short-Term Incentive Compensation Plan, as the plan is amended from time to time.
Short Term Incentive Plan means the Pacific Telesis Group Short Term Incentive Plan and its predecessor plan.
Short Term Incentive Plan means any short-term compensation, bonus, or incentive compensation programs to be established or maintained by Certegy pursuant to Section 2.03.