Long-Term Incentive Award Opportunity Sample Clauses

Long-Term Incentive Award Opportunity. With respect to each fiscal year of the Company during the Term, Employee shall be eligible to be awarded a long-term incentive award (“LTI Award”), with a target award opportunity having a value (based on the grant date value of any such LTI Award, as determined in accordance with the Company’s standard valuation methodology and procedures for equity and equity-based awards as applied consistently with respect to other executive officers of the Company) equal to fifty percent (50%) of the Base Salary. The actual amount and terms and conditions of any such LTI Award shall be determined by the Compensation Committee consistent with and subject to the terms of the applicable long-term incentive plan of the Company as in effect from time to time.
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Long-Term Incentive Award Opportunity. The Company shall include Executive for participation in the Company's 2003 Management and Directors Incentive Plan (the "LTI Plan"). The Company shall award Executive a 2005 LTI grant (not to be prorated) equal to 150% of his Base Salary. During the Employment Period, the Company shall award Executive future annual LTI grants equal to 125% of his Base Salary no later than April 30th of each year. The 2005 LTI grant shall be made no less than five days and no more than 30 days after the Company files with the Securities and Exchange Commission its first quarterly report on Form 10-Q. All LTI grants shall be structured as follows:
Sample 1
Long-Term Incentive Award Opportunity. The Company shall provide Employee the following with respect to long-term incentive:
Sample 1
Long-Term Incentive Award Opportunity. Executive shall be entitled to participate in the equity incentive plan of GenTek Technologies established by the Board following Closing, if any. The terms and conditions and the amount of any equity awards granted under the plan shall be commensurate with Executive’s title and position. The equity awards shall vest and be subject to terms and conditions substantially similar to those terms and conditions that are typical for other chief executive officers of other similarly situated companies owned by the Principal Owner (as defined below). Notwithstanding the foregoing, the equity awards shall vest in full upon (i) the occurrence of a change in control or other similar transaction or sale of all or a substantially all of the equity or assets of GenTek Technologies (as determined in accordance with the terms of the equity incentive plan) or (ii) a termination of Executive’s employment without Cause (as defined below) within three (3) months prior to or in connection with such a transaction.
Sample 1

Related to Long-Term Incentive Award Opportunity

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • 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.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

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