Common use of Short Term Incentives Clause in Contracts

Short Term Incentives. The liquidated damages for foregone short-term incentives under STIP shall be paid annually in cash, not later than 30 days after the date on which incentives are awarded by Xxxx Atlantic under the STIP for the prior year's performance, in an amount equal to the value of the cash and deferred stock which the Key Employee would have been entitled to receive under the STIP, without adjustment for individual performance. (iii)

Short Term Incentives. The liquidated damages for foregone short-term incentives under STIP shall be paid annually in cash, not later than 30 days after the date on which incentives are awarded by Xxxx Atlantic under the STIP for the prior year's performance, in an amount equal to the value of the cash and deferred stock which the Key Employee Executive would have been entitled to receive under the STIP, without adjustment for individual performance. (iii).

Short Term Incentives. The liquidated damages for foregone short-short- term incentives under STIP shall be paid annually in cash, not later than 30 days after the date on which incentives are awarded by Xxxx Atlantic under the STIP for the prior year's performance, in an amount equal to the value of the cash and deferred stock which the Key Employee Executive would have been entitled to receive under the STIP, without adjustment for individual performance. (iii).