ICP Sample Clauses

ICP. As of the Closing Date, ICP represents and warrants to the Purchasers and the Agent that: (a) each of its representations and warranties in the Pooling Agreement (in its capacity as Servicer) and the Purchase Agreement (in its capacity as a Seller) is true and correct, as if made on the Closing Date with the same effect as if made on that date (unless specifically stated to relate to an earlier date); (b) the audited consolidated balance sheet of ICP and its consolidated Subsidiaries as at the end of ICP's most recent fiscal year and the related statement of earnings, stockholders' equity and cash flows of ICP and its consolidated Subsidiaries for such fiscal year and the unaudited consolidated balance sheet of ICP and its consolidated Subsidiaries as at the end of ICP's most recent fiscal quarter and the related statement of earnings, stockholders' equity and cash flows of ICP and its consolidated Subsidiaries for such fiscal quarter, copies of which have been furnished to the Trustee and each Purchaser, fairly present the consolidated financial position and business of ICP and its consolidated Subsidiaries as at the dates specified therein and the consolidated results of the operations of ICP and its consolidated Subsidiaries for the periods ended on such dates, all in accordance with GAAP consistently applied throughout the periods reflected therein; (c) since January 1, 1996 through the Closing Date, (i) there has been no material adverse change in the condition, financial or otherwise, or the earnings, business affairs or business prospects of Transferor or ICP whether or not arising in the ordinary course of business, and (ii) there have been no transactions entered into by Transferor, ICP or the Sellers that are material with respect to the condition, financial or otherwise, or the earnings, business affairs or business prospects of Transferor or ICP; and (d) no information supplied by or on behalf of Transferor, ICP or any of its Subsidiaries to the Agent or the Purchasers in connection with the Transaction Documents contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading in light of the circumstances under which they were made.
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ICP. “ICP” shall mean the American Locker Group Incentive Compensation Plan as it may be amended from time to time.
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ICP. Subject to Employee’s compliance with the terms of this Agreement and to satisfaction of Release Condition 2, Employee will be eligible for a pro-rated performance incentive award under the Incentive Compensation Plan (“ICP”) for the 2014 performance year. In accordance with the provisions of the ICP, the amount of the pro-rated ICP award, if any, will be based on Employee’s performance and the actual funding, if any, of the pertinent business unit, provided that, to the extent that an ICP award is made to Employee, it will be based upon the Employee being deemed to have achieved a “3” rating as an individual performance measure for the 2014 performance year. Employee has no right or guarantee of any ICP award payment and any such payments are completely discretionary and gratuitous. Payment of a pro-rated ICP award, if any, shall be made at the same time payments are made to active employees of the Company. Employee will not be eligible for any additional performance incentive awards, retained awards or ICP awards except as provided within this Section. An ICP award, if any, will be subject to applicable taxes and withholdings.
Sample 1
ICP the percentage of the Government’s Grant monies paid to the Consortia Members of a Project in respect of the Project that shall be set out in the relevant Innovate UK Grant Offer Letter and shall be payable by the Lead Project Partner to the ATI as the Industrial Contribution in accordance with Schedule 4.
Sample 1
ICP. Employee is a participant in the Company’s 2014 Incentive Compensation Plan (“ICP Plan”) and has a target award of $288,000, subject to the terms and conditions of the ICP Plan. Provided the performance measures are achieved and in accordance with the terms and conditions of the ICP Plan, Employee shall be entitled to compensation earned under and as provided by the ICP Plan, even though Employee will not have continued employment through the payment date of the award as required under the terms of the ICP Plan. Any compensation earned under this section 4(d) is to be paid to Employee on or before March 15, 2015. To the extent the Separation Date occurs prior to December 31, 2014, Employee’s compensation under the ICP shall be prorated. In such event, the award shall be calculated by taking Employee’s actual days of service for the 2014 calendar year divided by 365 multiplied by Employee’s award earned under the ICP Plan.
Sample 1
ICP. The iterative closest point (ICP) algorithm was first introduced in 1991 [5] and is still widely used for registration of 3D point clouds. The two seminal papers on ICP were written by Xxxx and XxXxx [1] and Xxxx and Xxxxxxx [5]. To summarize the algorithm concisely: ICP iteratively refines the relative pose of two overlapping scans by minimizing the sum of squared distances between corresponding points in the two scans. Corresponding point pairs are identified either by Euclidean point-to-point distance [1] or by a point-to-plane metric [5], which measures the distance from a point in one scan and the closest tangent plane in the other. Since its conception, a large number of variants have been developed, differing in, e.g., how points are selected and how to select point-to- point correspondences. However, the main structure of the algorithm remains. The point-to-plane variant has been shown to be more accurate in many cases, and Xxxxxxxxx et al. [20] show that it also performs better for the benchmark used here. As specified in the experimental protocol, we compare our algorithms to the baseline implementation of the well-established point-to-plane ICP variant. The parameter selection for ICP is the same as in [20].
Sample 1
ICP. The Participant acknowledges that the grant and distribution of an award to him/her under the 20___ STIP Plan is governed by the terms of the ICP, as amended from time to time, and the terms of the ICP as they exist on the date of this Agreement are incorporated into this Agreement in their entirety and made a part hereof by reference. Unless otherwise defined herein, capitalized terms used herein shall have the meaning set forth in the ICP. In the event of any conflict between the terms of the ICP and this Agreement, the terms of the ICP shall control.
Sample 1
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Related to ICP

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Bonus Program You will be eligible for an annual target bonus of 35% of your annual base salary as determined by the Board in its sole discretion based upon, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Bonus Plan Such bonus, if any, as shall be determined upon the recommendation of the CEO by the Board (or any designated Committee of the Board comprised solely of independent directors), shall be paid in accordance with the terms and conditions of the bonus plan established for the Company (“Bonus Plan”).

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Bonus Programs Employee may participate in any incentive program which may be made available from time to time to Corporation’s employees at Employee’s level; provided, however, that Employee’s participation is subject to the applicable terms, conditions and eligibility requirements of the program, as they may exist from time to time.

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