Long-Term Incentive Plan Awards. Employee shall be eligible to receive annual awards under the Rosehill Resources Inc. Long-Term Incentive Plan (the “LTIP”) on such terms and conditions as the Board (or a committee thereof) shall determine from time to time. All awards granted to Employee under the LTIP, if any, shall be subject to and governed by the terms and provisions of the LTIP as in effect from time to time and the award agreements evidencing such awards. Nothing herein shall be construed to give Employee any rights to any amount or type of grant or award except as provided in a written award agreement provided to Employee and authorized by the Board (or a committee thereof).
Long-Term Incentive Plan Awards. Any awards to the Employee under the Corporation’s Amended and Restated 2011 Omnibus Equity Incentive Plan (such plan, as may be amended from time to time, and any successor or replacement plan, the “LTIP Plan”) that are outstanding at the time of a Separation from Service will be governed by the terms of the LTIP Plan and the applicable award agreement.
Long-Term Incentive Plan Awards. The treatment of long term incentive awards during the Compensation Period shall be determined pursuant to the terms of the relevant LTIP and related award agreements; provided, however, that for such purposes, the Compensation Period shall be treated as a period of salary and benefit continuance.
Long-Term Incentive Plan Awards. The Employee will be entitled to earn long-term incentive bonus awards payable in accordance with a plan established by the Board or the Compensation and Organization Committee (the "Long-Term Bonus"). The Employee will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period. The Board will set, on or before the 90th day of such fiscal year, the performance goals to be achieved during the performance period that is then commencing in order for the Employee to earn all or a specified portion of his Long-Term Bonus. The Long-Term Bonus amount that may be earned by the Employee will be set at 35% of the Employee's then-current Annual Base Salary.
Long-Term Incentive Plan Awards. Executive shall be eligible to receive incentive awards pursuant to the terms of the Bank’s Executive Long Term Incentive Plan and the Holding Company’s 2018 Equity Incentive Plan, and any successor plans thereto.
Long-Term Incentive Plan Awards. You will not receive any additional awards under the Long-Term Incentive Plan of Transocean Ltd. (the “LTIP”). You should refer to the applicable award letters as to the specific treatment of any awards previously granted to you under the LTIP. In addition, the following terms shall apply to any awards previously granted to you under the LTIP that remain outstanding as of the Termination Date.
Long-Term Incentive Plan Awards. Officer shall receive awards under the terms of the Bank’s Long Term Incentive Plan (LTIP) or any other equity based compensation program which the Bank or Company may determine appropriate based upon the recommendation of the Compensation Committee (or other approval procedure required by applicable law regulation or Listing Requirements) of the Company or Bank Board. If granted, the target value of the awards shall be approximately equal to the target annual cash award for which Officer may be eligible under the terms and conditions of the Executive Incentive Plan or other annual cash bonus Plan that may be in effect.
Long-Term Incentive Plan Awards. During the Employment Term, Executive shall be eligible to participate in the Company’s Long-Term Incentive Plan, as modified, amended or replaced from time to time (the “LTIP”). Executive’s annual long-term award opportunities under the LTIP shall be determined by the Compensation Committee, in its sole discretion.
Long-Term Incentive Plan Awards. The Executive will be entitled to earn long-term incentive bonus awards payable in accordance with a plan established by the Board or the Compensation and Organization Committee (the "Long-Term Bonus"). The Executive will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period. The Board will set, on or before the 90th day of such fiscal year, the performance goals to be achieved during the performance period that is then commencing in order for the Executive to earn all or a specified portion of his Long-Term Bonus. The Long-Term Bonus amount that may be earned by the Executive will be set at 50% of the Executive's then-current Annual Base Salary.
Long-Term Incentive Plan Awards. Executive shall be eligible to receive an annual, calendar-year equity award (the “Annual LTIP”) based on criteria determined in the sole discretion of the Board (or a committee thereof) as part of the Company’s Third Amended and Restated 2007 Stock Incentive Plan (or then-current plan, “Stock Incentive Plan”), it being understood that (a) the actual amount of each Annual LTIP shall be determined in the sole discretion of the Board (or a committee thereof) acting in good faith, (b) Executive must be employed by the Company or Opco on the vesting dates of any portion of any Annual LTIP awarded, except as otherwise provided herein or in the associated equity award agreements. For the calendar-year 2018 Annual LTIP only, the grant date value of Executive’s Annual LTIP to be awarded in accordance with the Stock Incentive Plan and the associated equity award agreement shall be no less than USD$3,500,000. Notwithstanding the above, Executive’s Annual LTIP awards shall contain provisions relating to a change in the effective ownership or control of the Company or termination of employment that are no less favorable than the provisions relating to a change in the effective ownership or control of the Company or termination of employment that apply to any other senior executive of the Company or its Subsidiaries being granted an LTIP at that time.
