AIP Employee definition
AIP Employee means an employee of the Company or any of its Subsidiaries eligible to receive an annual cash incentive payment pursuant to the Annual Incentive Plan.
Examples of AIP Employee in a sentence
As a participant in the AIP, Employee will be eligible to receive this minimum or a higher amount not to exceed the maximum level applicable to a Management Team member, which currently is 150% of base earnings.
With respect to any payment made to any AIP Employee under the 2007 AIP pursuant to this Section 6.18(b), such payment shall be calculated using the Pro-Rata Calculation Method.