SpinCo Equity Plan definition

SpinCo Equity Plan means the equity compensation plan to be adopted by SpinCo in accordance with Section 5.6.

SpinCo Equity Plan means the Spinco 2020 Stock Incentive Plan.

SpinCo Equity Plan means the equity incentive compensation plan or arrangement that governs the terms of equity-based incentive awards assumed by the SpinCo Group in connection with this Agreement and any sub-plans established under those programs.

Examples of SpinCo Equity Plan in a sentence

• The Parties agree that SpinCo reserves the right, in its sole discretion, to amend or terminate the SpinCo Equity Plan or the ARP Equity Plan at any time following its establishment in accordance with its terms and applicable Law.

• The Parties hereby acknowledge that nothing in this Article V shall be construed to require SpinCo or any of its Affiliates to continue the SpinCo Equity Plan or the ARP Equity Plan after the Effective Time.

• Prior to the Effective Time, the SpinCo Equity Plan shall be established in accordance with Section 5.6 to implement the provisions of this Section 5.2.

• No later than immediately prior to the Effective Time, SpinCo shall adopt the SpinCo Equity Plan, pursuant to which awards may be granted to SpinCo Group Employees on and after the Effective Time.

• SpinCo GP (in its capacity as general partner of SpinCo and on behalf of SpinCo) and Parent (in its capacity as holder of a majority of SpinCo Common Units) shall, prior to the Effective Time, execute and deliver a written consent approving the adoption by SpinCo of the SpinCo Equity Plan, with the SpinCo Equity Plan to be effective no later than immediately prior to the Effective Time.

More Definitions of SpinCo Equity Plan

SpinCo Equity Plan has the meaning ascribed thereto in Section 5.2 of this Agreement.

SpinCo Equity Plan means the Yum China Holdings, Inc. Long Term Incentive Plan.

SpinCo Equity Plan means the SpinCo 2023 Long-Term Performance-Based Incentive Plan, as established by SpinCo as of the Effective Time pursuant to Section 2.03(a) and Section 4.01.

SpinCo Equity Plan shall have the meaning set forth in Section 4.12.

SpinCo Equity Plan means the plan adopted by SpinCo prior to the Distribution Date and approved by NOV, as sole shareholder of SpinCo, under which the SpinCo equity-based awards in Article IV shall be issued.

SpinCo Equity Plan has the meaning set forth in Section 8.04 hereto.

SpinCo Equity Plan means the Viamet Equity Plan, to the extent assumed by SpinCo in connection with the Distribution and pursuant to Section 8.1.