Annual Long-Term Incentive Compensation. You are eligible to participate in Xxxxx & XxXxxxxx Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee as set forth in the award agreement and in Xxxxx & XxXxxxxx Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “Restrictive Covenants Agreement” in connection with long-term incentive awards.
Annual Long-Term Incentive Compensation. You are eligible to participate in Maxxx & McLennan Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Maxxx & McXxxxxx Xompanies Board of Directors (“Compensation Committee”) as set forth in the award agreement and in Maxxx & McLennan Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “Restrictive Covenants Agreement” in connection with long-term incentive awards.
Annual Long-Term Incentive Compensation. You are eligible to participate in IHS Markit’s annual incentive program for similarly situated executives of IHS Markit, as amended or otherwise modified from time to time by the HR Committee of the Board. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the HR Committee, as set forth in the applicable award agreement and in the IHS Markit Ltd. 2014 Equity Incentive Award Plan (or other plan under which the long-term incentive award is granted, collectively or individually, the “LTI Plan”).
Annual Long-Term Incentive Compensation. You are eligible to participate in MMC’s long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee as set forth in the award agreement and in MMC’s 2000 Senior Executive Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you will be required to enter into a “Restrictive Covenants Agreement” in connection with the grant.
Annual Long-Term Incentive Compensation. You are eligible to participate in Xxxxx & XxXxxxxx Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Xxxxx & XxXxxxxx Companies Board of Directors as set forth in the award agreement and in Xxxxx & XxXxxxxx Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you will be required to enter into a “Restrictive Covenants Agreement” in connection with the grant.
Annual Long-Term Incentive Compensation. Each year, the Company and the Compensation Committee of the Time Inc. Board of Directors (“Compensation Committee”) will determine, in their sole discretion, whether to xxxxx xxxx term incentive awards. Beginning in 2017, during the Term of Employment, you shall be eligible to receive long term incentive compensation at the same time and in the same manner as grants are made to comparable executives. Your current annual long term incentive target value is $350,000 (determined based on the valuation method used by the Company for its senior executives) and is subject to change by the Company. Long term incentive compensation may be granted through a combination of stock option grants, restricted stock units, performance shares or other equity-based awards, cash-based long-term plans or other components as may be determined by the Compensation Committee (collectively, the “Long-Term Incentive Plans”). All grants are subject to the approval of the Compensation Committee in its sole discretion.
Annual Long-Term Incentive Compensation. Commencing with the Employer’s 2021 fiscal year, Employee shall receive a long-term incentive opportunity pursuant to the terms of the 2018 Omnibus Incentive Plan of the Employer at a target of 50% of base compensation in such form as the Compensation Committee of the Employer’s Board of Directors shall determine with respect to other senior executives of the Employer. Currently, such awards consist 50% of grants of time- based restricted stock and 50% performance based restricted stock units. Grants are normally made in the first week of September each year following approval of the Compensation Committee. Actual stock earned with respect to the performance based restricted stock units is variable from 0% to 200% of target based on achievement of certain metrics established by the Compensation Committee of the Board of Directors of the Employer.
Annual Long-Term Incentive Compensation. In each of 2019, 2020 and 2021 (the “Annual LTI Years”), you will be eligible to receive an annual equity award grant set forth on Exhibit A to be awarded at the time that such Annual Long-Term Incentive Compensation are generally awarded to IHS Markit’s officers. These long-term incentive awards are governed by terms and conditions approved by the HR Committee, as set forth in the applicable award agreement and in the IHS Markit Ltd. 2014 Equity Incentive Award Plan (or other plan under which the long-term incentive award is granted, collectively or individually, the “LTI Plan”). To qualify for the grants, you must remain continuously and actively employed by the Company or the Affiliated Group, without having tendered a notice of resignation, through the grant date, in accordance with the terms and conditions of such program.
Annual Long-Term Incentive Compensation. So long as the term of employment has not terminated, you will be eligible for an annual grant of long-term incentive compensation, prior to the Spin-off, from Time Warner or its affiliates, and, upon and following the Spin-off, from PublicCo, with a value targeted at $2,500,000 (based on the valuation method used by Time Warner or PublicCo, as applicable, for its senior executives) through a combination of stock option grants, restricted stock units, performance shares or other equity-based awards, cash-based long-term plans or other components as may be determined, prior to the Spin-off, by the Time Warner Compensation Committee, and, upon and following the Spin-off, by the Relevant Person, in its sole discretion; provided that no such Time Warner equity-based awards shall be performance-based awards.
Annual Long-Term Incentive Compensation. A new Section 3(l) shall be added to the Agreement as follows:
