Long Term Incentive Plan (LTIP. The Company will establish a long-term incentive program (LTIP) for Executive. The first LTIP awards will cover the 3 year period 2019-2021, consisting of various equity incentive instruments, but whose value shall be 150% of Executive’s annual Base Salary for the year at issue (such value is the “Yearly LTIP Value”) subject to and on the terms described in Sections 3.7.1 and 3.7.2 as follows:
Long Term Incentive Plan (LTIP. Executive shall be entitled to participate in the Long Term Incentive Plan (“LTIP”) pursuant to the terms and conditions of such program as it may exist from time to time, and as it may be amended by the Board in its discretion, provided:
Long Term Incentive Plan (LTIP. You are eligible to participate in the Iron Mountain Long Term Incentive Plan when the next award takes place. All awards are made at the sole discretion of the Board of Directors. Full details of the scheme will be sent to you in due course. Medical Insurance: You remain eligible to participate in the Company’s private medical insurance plan. Family cover will be provided at the Company’s cost if you elect to receive this. Details of this benefit are available on the flexible benefits website. Please note that this is a taxable benefit. Your participation in any of the benefits arrangements and schemes referred to in this clause 6 and elsewhere in this contract is subject to and in accordance with the rules and provisions of the arrangement or scheme and any related contracts or policies of insurance as in force from time to time. It is also conditional upon you satisfying the normal underwriting requirements of the relevant insurance provider and being eligible to participate in or benefit from such scheme or arrangement pursuant to the insurer’s rules and requirements at a cost and on terms which are acceptable to the Company. If the insurance provider refuses for any reason to provide you with an insured benefit, the Company shall not be liable to provide to you with any replacement benefit of the same or similar kind or to pay any compensation in lieu of such benefit. The Company reserves the right to amend any arrangement or scheme and/or withdraw it at any time.
Long Term Incentive Plan (LTIP. In 2014, you will be eligible to participate in the T-Mobile LTIP generally applicable to T-Mobile’s senior leadership and DT will recommend to the Compensation Committee that you have a target value of 250% of your annual base Salary and Target Bonus (Total Target Cash) and a vesting period of three years, as set forth in the LTIP and applicable award documents issued to similarly situated members of T-Mobile’s senior leadership team; this is subject to approval by the Compensation Committee. The specific terms and conditions will be outlined in the applicable plan document and any award documents once finalized. For 2013, after you commence employment at T-Mobile, you will be eligible to participate in T-Mobile’s Legacy LTIP (which includes vesting over a three year period, as set forth in the LTIP and applicable award documents issued to similarly situated members of T-Mobile’s senior leadership team) with a target value of $2,500,000 subject to approval by the Compensation Committee. The specific terms and conditions are set forth in the applicable plan document and as will be contained in any award documents which you will receive following the Closing.
Long Term Incentive Plan (LTIP. Employee agrees that Company will treat Employee as an involuntary termination “without cause” under the LTIP and grant agreements. Employee’s outstanding 2019, 2020, and 2021 LTIP awards are governed by the terms of the LTIP and Employee’s grant agreements. The Company will continue to prepare and file all Section 16 filings that Employee is required to file, including as a result of the LTIP vesting contemplated by this Agreement.
Long Term Incentive Plan (LTIP. 5.1 Equinix acknowledges and agrees that in consequence of the Transaction, awards already granted under the LTIP as at the date of this Agreement will vest in respect of such number of Telecity Shares as may be determined by the Telecity remuneration committee in accordance with the LTIP rules and the Telecity remuneration committee has confirmed that:
Long Term Incentive Plan (LTIP. RadiSys will be recommending to the Board of Directors that you are added as a participant in this first LTIP performance period beginning Oct 1, 2009, with a target of 25,000 full-value shares. Attached is the LTIP program brochure to provide you with more information.
Long Term Incentive Plan (LTIP. You will continue to be eligible to participate in the Company’s long-term incentive plan and to receive grants under such plan, as determined by the Board of Directors from time to time, at its discretion. You will be eligible to an annual grant equivalent to 125% of your annual base salary.
Long Term Incentive Plan (LTIP. Except as otherwise set forth in this Agreement, including paragraph 2(f), above, Employee’s grants under the Long-Term Incentive Plan for each grant year, if any, will be treated as illustrated on Attachment A. Employee will have 90 days following the Separation Date to exercise any vested stock appreciation rights. Employee understands that the value of any vested stock appreciation rights will be determined at the time of exercise, if any, and may differ from the value in the illustration contained on Attachment A.
Long Term Incentive Plan (LTIP. In addition to any incentive compensation the Executive may receive in accordance with Sections 4.1 and 4.2 of this Agreement, pursuant to the terms of this Agreement, Executive will receive: a grant from the Company of 50,000 shares of the Company’s restricted stock equity which restricted stock grant shall vest one (1) year from the date of the grant. Executive shall also be entitled to receive additional equity grants pursuant to terms of the Company’s Equity Incentive Plan and Long-Term Incentive Plan. Executive will also receive annual equity grants in accordance with the determination of the Company’s Compensation Committee and Board of Directors.
