Long Term Incentive Scheme. The Executive will be entitled to the value of 1.5% of the total ordinary shares of the Company as set out in the Employee Share Option Plan, once established.
Long Term Incentive Scheme. You will be eligible to a Long Term Incentive plan in accordance with Delphi policies. • Company car: You will have the use of a company car according to the current procedure implemented at Delphi Luxembourg which can be changed at any time by Delphi Luxembourg.
Long Term Incentive Scheme. The Employee will be invited to participate in a long term incentive scheme ("LTIS") once approved by the Board, subject to the terms and conditions of the LTIS Plan, as amended from time to time. The Company intends to implement the LTIS as soon as practically possible and Company will at that time enrol the Employee as a participant in the LTIS.
Long Term Incentive Scheme. The Executive will be eligible to participate in the Company’s LTI Scheme, as per terms of the LTI Scheme and this clause. The Executive will be granted a total of $500,000AUD of shares, subject to the terms of the LTI Scheme as follows:
Long Term Incentive Scheme a. The Executive will be eligible to participate in the Company’s Employee Share Option Plan (ESOP) if and when it is formed. The discretionary long-term incentive (LTI) will be determined and payable at the absolute discretion of the Board and subject to the attainment of performance milestones which will be agreed to between the Company and the Executive.
