Term Incentive Plan definition
Examples of Term Incentive Plan in a sentence
The rules and administration and payout formula of the Company’s Short Term Incentive Plan will apply to this Incentive Plan.
Incentive compensation (Management Incentive Plan, Variable Pay Plan and Long Term Incentive Plan) related to Atmos’ Shared Services Unit will be applied consistent with treatment approved in GUD 10580.
Rate base is prepared consistent with the rate making treatments approved in the Final Order, and as in GUD 10580 as specifically related to capitalized incentive compensation (Management Incentive Plan, Variable Pay Plan and Long Term Incentive Plan) for Atmos’ Shared Services Unit.
If the Term is extended, the Executive shall participate in a new Long Term Incentive Plan that shall commence after the LTIP ends.
In connection with the foregoing, under the terms of the Bank’s Executive Short Term Incentive Plan (the “ESTIP”), annual cash bonuses can be awarded to the Executive in an amount equal to up to 200% of the Executive’s Base Salary as in effect at the start of the ESTIP’s plan year to which the bonus relates.
If a bonus is payable under the Short Term Incentive Plan to the Maker in a year, fifty percent of the after tax proceeds of such bonus calculated at the highest marginal tax rate applicable to the Maker is due.
Executive shall be eligible to participate in the Company’s Long Term Incentive Plan (“LTI Plan”), as such plan shall be in effect and amended and/or superseded from time to time.
The Executive shall be eligible to participate in the Company’s Long Term Incentive Plan (“LTI Plan”), as such plan shall be in effect and amended and/or superseded from time to time.
In each year of this Agreement, Employee will be eligible to be considered for a grant of awards under Employer’s 2007 Long Term Incentive Plan and/or any similar plan made available to employees of Employer.
The Executive shall be eligible to receive stock-based compensation, whether stock options, stock appreciation rights, restricted stock grants or otherwise, under the Parent’s Amended and Restated 2004 Long Term Incentive Plan or other stock-based compensation plans as Parent may establish from time to time (collectively, the “Plans”).