Common use of LTIP Awards Clause in Contracts

LTIP Awards. Awards under the LTIP shall be granted to Executive with aggregate target opportunities not less than those granted to peer executives of the Company.

Appears in 7 contracts

Samples: Change in Control Employment Agreement, Change in Control Employment Agreement (Baltimore Gas & Electric Co), Change in Control Employment Agreement (Exelon Corp)

AutoNDA by SimpleDocs

LTIP Awards. Awards under the LTIP shall be granted to Executive with aggregate target opportunities (including target performance goals not materially more difficult to achieve) no less than those granted to peer executives the average of the CompanyExecutive's awards (expressed as a percentage of Executive's Base Salary in effect at the beginning of the applicable performance period) granted in the three-year period ending on the Applicable Trigger Date.

Appears in 1 contract

Samples: Change in Control Employment Agreement (Commonwealth Edison Co)

AutoNDA by SimpleDocs

LTIP Awards. Awards under the LTIP shall be granted to Executive with aggregate target opportunities (including target performance goals not materially more difficult to achieve) no less than those granted to peer executives the average of Executive's awards (expressed as a percentage of Executive's Base Salary in effect at the beginning of the Companyapplicable performance period) granted in the three-year period ending on the Applicable Trigger Date.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!