Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx is entitled to participate therein, Xx. Xxxxxxxxx shall receive cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x target performance level and prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 3 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Hairston is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Hairston is not otherwise entitled to a plan payout under xxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Hairston is entitled to participate therein, Xx. Xxxxxxxxx Mr. Hairston shall receive cash in an amount equal to his award equxx xx xxx xxard under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Hairston's target performance level and prorated by the number prorxxxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 2 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Gulf Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx Xxxxxxx is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Xxxxxxx is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Xxxxxxx is entitled to participate therein, Xx. Xxxxxxxxx Xxxxxxx shall receive cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Xxxxxxx'x target performance level and prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 2 contracts
Samples: Change in Control Agreement (Savannah Electric & Power Co), Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx Xxxxxxxx is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Xxxxxxxx is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Xxxxxxxx is entitled to participate therein, Xx. Xxxxxxxxx Xxxxxxxx shall receive cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Xxxxxxxx'x target performance level and prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Wakefield is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Wakefield is not otherwise entitled to a plan payout under plax xxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Wakefield is entitled to participate therein, Xx. Xxxxxxxxx Mr. Xxxxxxxld shall receive cash in an amount equal to his award eqxxx xx xxx xxxxx under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Wakefield's target performance level and prorated by the number proxxxxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Fanning is a participant in any other "short term compensation plancomxxxxxxxxx xlan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Fanning is not otherwise entitled to a plan payout under any change unxxx xxx xxxnge of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Fanning is entitled to participate therein, Xx. Xxxxxxxxx shall receive Mr. Fannixx xxxxx xxceive cash in an amount equal to his award under xxxxx xxxxx the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Fanning's target performance level and prorated by the number of months thx xxxxxx xx xonths which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Franklin is a participant in any other "short term compensation xxxx xxxxxxxxxxxx plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Franklin is not otherwise entitled to a plan payout under any paxxxx xxxxx xny change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Franklin is entitled to participate therein, Xx. Xxxxxxxxx Xxxxxxxx shall receive cash in an amount equal to his award xx xxx xxxxx under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Franklin's target performance level and prorated by the number prorxxxx xx xxx xumber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Bowden is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Bowden is not otherwise entitled to a plan payout under pxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Bowden is entitled to participate therein, Xx. Xxxxxxxxx Mr. Bowden shall receive cash in an amount equal to his award xx xxx xxard under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Bowden's target performance level and prorated by the number proratxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) 2.(d)(v), the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. DeNicola is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. DeNicola is not otherwise entitled to a plan payout under xxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. DeNicola is entitled to participate therein, Xx. Xxxxxxxxx Mr. DeNicola shall receive cash in an amount equal to his award equxx xx xxx xxard under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. DeNicola's target performance level and prorated by the number prorxxxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Ratcliffe is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Ratcliffe is not otherwise entitled to a plan payout under plax xxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Ratcliffe is entitled to participate therein, Xx. Xxxxxxxxx Mr. Xxxxxxxfe shall receive cash in an amount equal to his award eqxxx xx xxx xxxxx under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Ratcliffe's target performance level and prorated by the number proxxxxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx XxXxxxx is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx XxXxxxx is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx XxXxxxx is entitled to participate therein, Xx. Xxxxxxxxx XxXxxxx shall receive cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x XxXxxxx'x target performance level and prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Pershing is a participant in any other ix xxx xxxxx "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Pershing is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Pershing is entitled to participate thereinparticxxxxx xxxxxin, Xx. Xxxxxxxxx shall receive Mr. Pershing shaxx xxxxxxx cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Pershing's target performance level and performanxx xxxxx xxx prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Xxxxxxxx is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Xxxxxxxx is not otherwise entitled to a plan payout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Xxxxxxxx is entitled to participate therein, Xx. Xxxxxxxxx Xxxxxxxx shall receive cash in an amount equal to his award under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Xxxxxxxx'x target performance level and prorated by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Ratcliffe is a participant in any other "short term compensation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Ratcliffe is not otherwise entitled to a plan payout entitlex xx x xxxx xayout under any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Ratcliffe is entitled to participate therein, Xx. Xxxxxxxxx Mr. Ratcliffe shall receive cash in an amount equal to his award xxxxxx xxxxx xx xxx xxxxx under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Ratcliffe's target performance level and prorated xxxxxxxx by the number of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Other Short Term Incentive Plans. The provisions of this Paragraph 2.(d)(iv2.(d)(v) shall apply if and to the extent that Xx. Xxxxxxxxx Mr. Farris is a participant in any other "short term compensation xxxxxnsation plan" not otherwise previously referred to in this Paragraph 2.(d). Provided Xx. Xxxxxxxxx Mr. Farris is not otherwise entitled to a plan payout under pxxxxx xxxxr any change of control provisions of such plans, if the "short term compensation plan" is in place as of the Termination Date and to the extent Xx. Xxxxxxxxx Mr. Farris is entitled to participate therein, Xx. Xxxxxxxxx Mr. Farris shall receive cash in an amount equal to his award xx xxx xxard under the Company's "short term incentive plan" for the annual performance period in which the Termination Date shall have occurred, at Xx. Xxxxxxxxx'x Mr. Farris's target performance level and prorated by the number proratxx xx xxx xxmber of months which have passed since the beginning of the annual performance period until his Termination Date. For purposes of this Paragraph 2.(d)(iv2.(d)(v) the term "short term incentive compensation plan" shall mean any incentive compensation plan or arrangement adopted in writing by the Company which provides for annual, recurring compensatory bonuses based upon articulated performance criteria.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)