STI Plan definition
STI Plan means the CenterPoint Energy, Inc. Short Term Incentive Plan or any successor plan or program thereto.
STI Plan means the ▇▇▇▇▇▇▇ Information Services Corporation Annual Bonus Plan, as such plan shall be in effect and amended and/or superseded from time to time.
STI Plan means that certain proposed non-insider 2020 short term incentive plan of Seller and certain of its Affiliates, as described in more detail in that certain Motion of Debtors for Entry of an Order Authorizing Implementation of Non-Insider (I) Key Employee Retention Plan and (II) 2020 Short Term Incentive Plan filed on the docket of the Bankruptcy Cases [Case No. 19-36313 (DRJ) (Bankr. S.D. Tex. Jan. 24, 2020)] [Docket No. 851].
Examples of STI Plan in a sentence
The STI Plan shall be determined by the Board of Directors (“Board”), in its sole discretion.
The terms and conditions of the STI Plan are subject to change from year to year.
The following sets forth the definition of specific terms and calculations related to the STI Plan.
The STI Payment shall be subject to increase or decrease based on achievement of performance targets and in accordance with the terms of the STI Plan.
Maximum Target Payout The Maximum Target Payout is the maximum annual cash bonus that can be earned and paid under the STI Plan.
More Definitions of STI Plan
STI Plan means this CH Energy Group, Inc. Short-Term Incentive Plan, as amended from time to time.
STI Plan or “STIP” means the Short-Term Incentive Plan pursuant to which the Company may grant short-term variable pay based on the STIP payout calculation, as described in the section entitled “Short-Term Incentive Plan Payout Calculation”.
STI Plan means the CenterPoint Energy, Inc. Short-Tem Incentive Plan, or any successor plan thereto.
STI Plan means the Company’s Short-Term Incentive Plan, or any successor plan.
STI Plan means the Otis Worldwide Corporation Short-Term Incentive Plan, as amended, and any successor plan thereto.
STI Plan means the Partnership’s Short Term Incentive Plan, as in effect from time to time, or any similar successor plan adopted by the Partnership. “Target Bonus” means the Participant’s target incentive award opportunity under the STI Plan in effect for the year with respect to which the target bonus amount is being determined (assuming that the target level of performance has been achieved by the Employer and the Participant) or, if no such target incentive award opportunity is then in effect, for the last year in which such a target incentive award opportunity was in effect, expressed as a dollar amount based upon the Participant’s Base Salary for the year of such determination. “Target Incentive” the Participant’s target incentive award opportunity under the LTI Plan in effect for the year with respect to which the target incentive amount is being determined (assuming that the target level of performance has been achieved by the Employer and the Participant) or, if no such target incentive award opportunity is then in effect, for the last year in which such a target incentive award opportunity was in effect, expressed as a dollar amount based upon the Participant’s Base Salary for the year of such determination. “Tier 1 Officer” means an Officer who is an Executive Vice President. 4 Exhibit 10.1 “Tier 2 Officer” means an Officer who is not the CEO or a Tier 1 Officer. “Voting Securities” of a Person means the securities of any class of such Person entitling the holders thereof to vote in the election of, or to appoint, members of the board of directors or other similar governing body of the Person. “Waiver and Release” means a legal document, in a form determined by the Committee, in which a Participant, in exchange for certain severance benefits described in Section 3.01, among other things, releases the Employer, the Affiliates, their directors, officers, employees and agents, their employee benefit plans and the fiduciaries and agents of said plans from liability and damages in any way related to the Participant’s employment with or separation from the Employer or any of its Affiliates.
STI Plan means any short term incentive plan or program maintained by the Partnership or any of its Affiliates, including, without limitation, the Enable Midstream Partners, LP Short Term Incentive Plan or any successor plan or program thereto.