Long-Term Incentive Plan definition

Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;
Long-Term Incentive Plan means the plan designated by the Company as the Company’s Long-Term Incentive Plan pursuant to which Executive receives Equity Based Awards, as in effect and as amended from time to time.
Long-Term Incentive Plan or “LTIP” means the American Electric Power System Long-Term Incentive Plan, as amended from time to time, including any successor plan or plans. The LTIP that is in effect as of the date this Plan is executed is entitled the “Amended and Restated American Electric Power System Long-Term Incentive Plan – Approved by Shareholders April 26, 2005 (as amended through December 12, 2007)”

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”).


More Definitions of Long-Term Incentive Plan

Long-Term Incentive Plan or “LTIP” means the long-term incentive plan implemented under the Cinergy Corp. 1996 Long-Term Incentive Compensation Plan or any successor to that plan.
Long-Term Incentive Plan means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto or otherwise adopted by the General Partner or the Partnership.
Long-Term Incentive Plan means the long-term incentive plan then in effect, as approved by the Compensation Committee or its designee.
Long-Term Incentive Plan means the CVR Partners, LP 2011 Long-Term Incentive Plan, as it may be amended, restated or modified from time to time, or any equity compensation plan successor thereto.
Long-Term Incentive Plan means the Company’s Long Term Incentive Plan as in effect for the Company’s fiscal year ending July 31, 2011, as amended, and any successor plan thereto.
Long-Term Incentive Plan means any plan that provides compensation intended to motivate performance to occur over a period greater than one fiscal year, but does not include option or share-based awards.
Long-Term Incentive Plan means any long-term incentive plan, program or arrangement offered by an Employer pursuant to which the Grantee is eligible to receive an award, subject in whole or in part to the achievement of performance goals over a period of more than one year, including without limitation the Plan.