Annual Long Term Incentive. Beginning in fiscal year 2022, Employee will be eligible for Long Term Incentive opportunities with an approximate value of at least $325,000.00 for each award (the form of such award to be determined by the Compensation Committee of CCOH), consistent with other comparable positions pursuant to the terms of the award agreement(s), taking into consideration demonstrated performance and potential, and subject to approval by Employee’s Manager and the Board of Directors or the Compensation Committee of CCOH, as applicable.
Annual Long Term Incentive. With respect to each calendar of the company ending during the Employment Term, Company Founder shall be eligible to receive additional long term incentive award of not less than sixty (60%) percent of his Base Salary or at least $ 500,000.00, whichever is greater .
Annual Long Term Incentive. You will be eligible to participate in a long term incentive (“LTI”) program under the SiriusPoint Ltd 2013 Omnibus Incentive Plan as amended and restated as of February 26, 2021 (the “Plan”). Starting in 2023, your annual LTI award (“Annual Award”) will, subject to the review and approval of the Compensation Committee, have an on-target grant date value equal to 200% of your Base Salary (with 200% expressed as $1,000,000 USD for the purpose of the 2023 LTI grant). The Annual Award will be provided through a mix of restricted stock units of SiriusPoint Ltd. (“RSUs”) with time-based, performance-based and/or a combination of time and performance-based vesting requirements (as to 75% of the shares underlying the Annual Award) and options to acquire common stock of SiriusPoint Ltd. (“Options”) (as to 25% of the shares underlying the Annual Award) or in such other ratio and/or in the form of other types of awards permitted under the Plan as granted to other Plan participants and as determined at the discretion of the Compensation Committee. The RSU's and Options are subject to the terms and conditions of the Plan. Your Annual Award will be granted at the same time as awards are granted to other Plan participants (expected to be no later than the second quarter of each calendar year) and will be subject to the terms set forth in the applicable equity plans and related implementing award agreements and award notices.
Annual Long Term Incentive. Awards—Executive will be eligible to participate in the AGL Long Term Incentive Plan or similar future plans (“LTIP”). The amount of any award made to Executive under LTIP will be based on the profitability of the Company and Executive’s performance and will be subject to the discretion of the Compensation Committee of AGL’s Board of Directors. All Long-Term Incentive awards will be subject to the terms and conditions of the LTIP.
Annual Long Term Incentive. Awards During each calendar year that commences during the Employment Period, you will be granted annual long-term incentive awards with a target grant date fair value of $4,500,000 (the “Target LTI Opportunity”). The grant timing, form and terms and conditions of such long-term incentive awards will be no less favorable than those applicable to other executive officers of Cabot. Your Target LTI Opportunity will be subject to review annually for increase but not decrease.
Annual Long Term Incentive. You will receive an annual long term incentive equity award with a target grant value of $750,000 the form and vesting schedule of which shall be the same as provided to similarly situated executives as determined by the Compensation Committee.
Annual Long Term Incentive. Commencing with the next grant of long term equity incentive to members of the Company’s Executive Officers, and subject to the approval of the Compensation Committee of AdaptHealth Corp., the Employee will be eligible to receive annual grants of equity-based incentive compensation in the form of restricted Class A Common Stock of Adapt Health Corp. with a target middle case and high case grant value of Six Hundred Thousand Dollars ($600,000) and One Million Two Hundred Thousand Dollars ($1,200,000), respectively. Any such grants will be in such form or forms and subject to such terms and conditions as determined by the Compensation Committee from time to time.
Annual Long Term Incentive. Awards During each calendar year that commences during the Employment Period, you will be granted annual long-term incentive awards with a target grant date fair value of $10,000,000 (the “Target LTI Opportunity”). The grant timing, form and terms and conditions of such long-term incentive awards will be no less favorable than those applicable to other executive officers of Cabot. Your Target LTI Opportunity will be subject to review annually for increase but not decrease. In recognition of the different historic annual long-term incentive grant timing schedules of Cimarex and Cabot and with the intention that you will not be deprived of annual long-term incentive awards for 2021, it is expressly understood and agreed that if the Effective Date occurs on or prior to December 1, 2021, you will receive both (1) on December 1, 2021, Cabot 2021 annual long-term incentive awards with a target grant date value equal to the Target LTI Opportunity and (2) on the date in the first quarter of 2022 on which Cabot grants 2022 annual long-term incentive awards to Cabot executive officers, 2022 annual long-term incentive awards with a target grant date value equal to the Target LTI Opportunity. For the avoidance of doubt, if the Effective Date occurs after December 1, 2021, Cabot acknowledges that Cimarex will have granted to you, prior to the Effective Date, 2021 annual long-term incentive awards with a target grant date value equal to the Target LTI Opportunity, which will be converted into equivalent Cabot awards upon the Closing in accordance with the terms of the Merger Agreement.
Annual Long Term Incentive. Employee has already received Employee’s long-term incentive award in respect of fiscal year 2023. Employee will not be eligible for an annual Long Term Incentive opportunity in fiscal year 2024.
Annual Long Term Incentive. Beginning in fiscal year 2024, Employee will be eligible to receive an annual long term incentive award (each, an “Annual LTI Award”), with a target value of $1,200,000.00 for the Annual LTI Award granted each year, pursuant to the Plan, and applicable award agreement, consistent with other comparable positions, taking into consideration demonstrated performance and potential, and subject to approval by the Chief Executive Officer and the Board of Directors or the Compensation Committee of CCOH, as applicable, provided that, in no event shall the grant date fair value of any such award be less than Three Hundred Thousand Dollars ($300,000.00) on the date of grant.
