TAP Plan definition

TAP Plan means the Trust Unit Award Incentive Plan of the Trust;
View Source

Examples of TAP Plan in a sentence

  • Development of the TAP plan – TAP committee will develop the TAP Plan.

  • It is understood that the TAP Plan is intended to be in addition to and does not supplant the Improvement Plan referred to elsewhere in this agreement.

  • Notwithstanding the first paragraph of Section 3.1(c) of the TAP Plan, in the event a Flip-in Date (as defined in the TAP Plan) shall occur prior to the Effective Time, at Parent’s option, the Board of Directors of the Company shall exchange, as soon as practicable after the Flip-in Date, all (but not less than all) of the then outstanding Rights for shares of Common Stock or TAP Plan Preferred Stock (as permitted by Section 3.1(d) of the TAP Plan) at the Exchange Ratio (as defined in the TAP Plan).

  • The Company is not party to a shareholder rights agreement, “poison pill” or similar anti-takeover agreement or plan, other than the TAP Plan.