Common use of Long-Term Incentive Program Clause in Contracts

Long-Term Incentive Program. Upon the Date of Termination, Executive’s entitlement to any award granted to Executive under SHO’s Long-Term Incentive Program (the “LTIP) or other applicable long-term incentive program sponsored by SHO will be determined in accordance with the terms and conditions of the applicable award letter and the LTIP or other plan document regarding termination of employment.

Appears in 4 contracts

Samples: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)

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Long-Term Incentive Program. Upon the Date of Termination, Executive’s entitlement to any award granted to Executive under SHO’s Long-Term Incentive Program (the “LTIP) or other applicable long-term incentive program sponsored by SHO will be determined in accordance with the terms and conditions of the applicable award letter and the LTIP or other plan document regarding termination of employment.

Appears in 1 contract

Samples: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)

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