Examples of Long-Term Incentive Plan in a sentence
Flowserve Corporation (“Company”) will collect and process as data controller, directly from you or indirectly through your employer, personal data about you regarding your employment, the nature and amount of your compensation and the fact, details and conditions of your participation in the Flowserve Corporation 2020 Long-Term Incentive Plan (the “Plan”).
The treatment of the Award in connection with a Change in Control shall be governed by Section 7.9 of the Plan, as modified to reflect the terms of the Amendment to the United States Cellular Corporation 2022 Long-Term Incentive Plan Award Agreements dated December 1, 2023 (applied as if this Award had been an outstanding award at that time).
The benefits of ELG membership include recognition of status as one of RTX’s most senior leaders, with annual Long-Term Incentive Plan awards and annual bonus awards commensurate with your ELG status.
The Company agrees and acknowledges that, unless your employment is terminated by the Company for Cause (as defined in the Company’s Amended and Restated 2018 Long-Term Incentive Plan), your termination of employment on the Separation Date will be treated and qualified as a “Normal Retirement” for purposes of your outstanding equity and equity-based awards with respect to shares of the Company’s common stock (the “Equity Award Treatment”).
All of Executive’s equity awards granted under the Company’s Amended and Restated 2013 Long-Term Incentive Plan (the “2013 Plan”) that remain outstanding and non-forfeited as of the Separation Date will be treated in accordance with the terms of the applicable award agreements (the “Award Agreements”).