Management Incentive Program means the management incentive program described in Section IV.D.5, which shall be implemented after the Effective Date and which shall be in form and substance consistent with the Management Incentive Program Agreements.
Management Incentive Program means that certain post-Effective Date equity incentive program, on the terms and conditions that shall be decided upon by the New Revel Board, which shall provide for grants of options and/or restricted units or equity reserved for management, directors, and employees in an amount of the New Equity Interests to be issued by the Reorganized Debtors sufficient to properly incentivize the senior management to each of the Reorganized Debtors.
Management Incentive Program means the equity-based management incentive program described in Article V.E to be implemented by the Reorganized Debtor, which shall be included in the Plan Supplement.
Examples of Management Incentive Program in a sentence
Within Parmalat’s Management Incentive Program, a target is conceived as a system of results that must be achieved.
The fundamental objectives of the Management Incentive Program are:- To create a single reward system for all Group subsidiaries;- To maximize the value of the Company’s top performers;- To create a compensation system that enhances the Group’s competitiveness.
Optional ItemAmountOptional camps incursions, excursions and sporting events as scheduled throughout 2021.
Management Incentive Program - Action Network:During the quarter no performance share units or share options were granted under this program.
Management Incentive Program Agreement dated February 4, 2000, as amended.
More Definitions of Management Incentive Program
Management Incentive Program means that certain pre-Effective Date incentive program for management, directors, and/or employees on the terms and conditions (a) in form and substance reasonably acceptable to the Requisite Consenting Senior Noteholders and (b) in form and substance acceptable to the Purchasers.
Management Incentive Program means the management incentive program described in Article V.K, which shall be implemented after the Effective Date and which shall be consistent with the terms of the Restructuring Support Agreement.
Management Incentive Program means Company’s 2013 Management Incentive Program, as may be amended prior to the Closing.
Management Incentive Program means Reorganized RoomStore’s equity incentive plan, the terms of which will be described fully in the Plan Supplement.
Management Incentive Program means the Exari Group, Inc. 2019 Management Incentive Plan, effective as of March 1, 2019. “Material Contracts” shall have the meaning assigned to it in Section 2.15(a).
Management Incentive Program means that certain post-Effective Date Management Incentive Program which shall be implemented to provide designated directors and members of senior management of the Reorganized CDX Gas with (i) New CDX Gas Membership Interests, (ii) options to purchase units of the New CDX Gas Membership Interests, or (iii) other awards, as applicable, as approved by the New Board of the Reorganized CDX Gas.
Management Incentive Program means that certain management incentive program to be adopted by Xxxxx as of the Closing Date on terms and conditions reasonably acceptable to each of the Consenting Stakeholders. (cc) “New Money Financing” has the meaning set forth in the Transaction Term Sheet. (dd) “New Second Lien PIK Exchangeable Notes” means the new second lien PIK exchangeable notes to be issued by the Borrower (or, upon the request of the Majority Consenting Preferred Equityholders, Topco) to the Consenting Preferred Equityholders, the material terms of which are set forth in the Transaction Term Sheet. (ee) “Organizational Documents” means (a) with respect to a corporation, the charter, articles or certificate of incorporation, as applicable, and bylaws thereof, (b) with respect to a limited liability company, the certificate of formation or organization, as applicable, and the operating or limited liability company agreement thereof, (c) with respect to a partnership, the certificate of formation and the partnership agreement, and (d) with respect to any other Person the organizational, constituent and/or governing documents and/or instruments of such Person. (ff) “Outside Closing Date” means June 15, 2023. (gg) “Outside Signing Date” means April 15, 2023. (hh) “Person” means any “person” as defined in section 101(41) of the Bankruptcy Code, including any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof or other entity. (ii) “Preferred Equity Held Term Loans” means the Term Loans held by the Consenting Crossholders or their respective affiliates. (jj) “Preferred Stock” means Topco’s issued and outstanding Series A Preferred Stock. (kk) “Registration Rights Agreement” means a registration rights agreement to be entered as of the Closing Date, by and among Topco and the Consenting Preferred Equityholders for the benefit of the holders of the New Second Lien PIK Exchangeable Notes and the shares of Common Stock into which such notes are exchangeable. (ll) “Revolving Credit Facility” means the “Revolving Facility” as defined in the Credit Agreement. Exhibit 10.1