Examples of Transitional Plan in a sentence
LGP and Splitco shall use commercially reasonable efforts to take all actions necessary or appropriate so that Awards that are outstanding immediately prior to the Effective Time are adjusted as set forth in this Section 2.3 and in accordance with the terms of the Splitco Transitional Plan.
Licensor hereby grants to Company the nonexclusive, nonassignable right and license to use the technology and/or content defined and described in Section 3 ("Licensed Materials") in connection with its operations, but only in the Territory described on Schedule 2 in accordance with the terms and conditions of this Agreement.
As provided in the Splitco Transitional Plan, at the time that the level of performance achievement is determined for each restricted share unit with respect to LiLAC Ordinary Shares that is subject to performance conditions and that is outstanding at the Effective Time (an “Outstanding LiLAC PSU”), such Outstanding LiLAC PSUs will automatically be cancelled and replaced with Splitco RSUs with the same number and class of shares subject to the earned portion of the Outstanding LiLAC PSUs.
The term “Employee” shall have the meaning set forth in the Transitional Plan or the Thrift/401(k) Plan, as applicable.
Please clarify for us how you will account for the equity awards being adjusted into equity incentive awards pursuant to the Transitional Plan and whether or not these adjusted awards have been given pro forma effect in your pro forma financial statements.
The following table provides certain information related to stock-based compensation not yet recognized as of December 31, 2009: December 31, 2009LGI Series A, Series B and Series C common stock (a) LGI performance plans (b) Telenet Employee Stock Option Plans (c) Austar Performance Plan (d)(a) Amounts relate to the LGI incentive plans (including the Transitional Plan) and the UGC incentive plans described below.
An Executive’s “Compensation” as defined in the Transitional Plan or Thrift/401(k) Plan, as applicable.
Deemed Earnings for a Supplemental Benefit Credit shall not begin accruing until such time as the corresponding Employer Contributions under the Transitional Plan or Thrift/401(k) Plan, as applicable, are credited to Participant accounts under the Transitional Plan or Thrift/401(k) Plan, as applicable, subject to Section 5.3 in the case of Total and Permanent Disability and Section 5.2 in the case of death.
The Incentive Plans and the Transitional Plan continue to exist subsequent to the Newhouse Transaction.
The approval of the Transitional Plan, including any demergers, splits, spin offs or other disposals of the ABN AMRO businesses contemplated by the Transitional Plan, and any material variation to the Transitional Plan"; and a definition of the Transitional Plan in the terms of Clause 1.1 of this Supplemental Agreement shall be inserted in Clause 1.1 of the CSA.