Common use of Long Term Incentive Benefits Clause in Contracts

Long Term Incentive Benefits. Employee shall be eligible to participate in any long-term incentive (“LTI”) program established by the Board or Compensation Committee in their sole discretion. The terms of any such LTI and specifically those for which Employee shall be eligible, shall be determined at such time, and upon such terms, as the Board or the Compensation Committee may from time to time determine. Employee shall be eligible to receive LTI grants for a year only to the extent he continues to be employed by the Company until and as of the day such LTI is granted.

Long Term Incentive Benefits. Employee shall be eligible to participate in any long-term incentive (“LTI”) program established by the Board or Compensation Committee Trustees in their sole discretion. The terms of any such LTI and specifically those for which Employee shall be eligible, shall be determined at such time, and upon such terms, as the Board or the Compensation Committee Trustees may from time to time determine. Unless otherwise provided in an LTI award agreement or notice, Employee shall be eligible to receive for the LTI grants benefits for a year only to the extent he continues to be employed by the Company Trust until and as of the day such LTI benefit is grantedpayable.

Long Term Incentive Benefits. Employee shall be eligible to participate in any long-term incentive (“LTI”) program program, established by the Board or Compensation Committee Trustees in their sole discretion. The terms of any such LTI and specifically those for which Employee shall be eligible, shall be determined at such time, and upon such terms, as the Board or the Compensation Committee Trustees may from time to time determine. Unless otherwise provided in an LTI award agreement or notice, Employee shall be eligible to receive for the LTI grants benefits for a year only to the extent he continues to be employed by the Company Trust until and as of the day such LTI benefit is grantedpayable.