Carrier LTIP definition

Carrier LTIP means the Carrier 2020 Long-Term Incentive Plan established by Carrier as of the Effective Time pursuant to Sections 2.03(a) and 4.01(a).
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Examples of Carrier LTIP in a sentence

  • Effective as of no later than immediately prior to the Effective Time, Carrier shall establish the Carrier LTIP and Carrier DSU Plan and Otis shall establish the Otis LTIP and the Otis DSU Plan, which plans shall have substantially the same terms as those of the UTC LTIP and the UTC DSU Plan, respectively, as of immediately prior to the Effective Time.

  • Carrier may make such changes, modifications or amendments to the Carrier LTIP and the Carrier DSU Plan and Otis may make such changes, modifications or amendments to the Otis LTIP and the Otis DSU Plan, in each case, as may be required by applicable Law or as are necessary and appropriate to reflect the Separation or to permit the implementation of the provisions of Article IV or Section 6.02.

  • Pursuant to the Transaction, he remained a participant in the UTC LTIP (now under the name RTX) and became a participant in the Carrier LTIP and the Otis LTIP.

  • Pursuant to the Transaction, he remained a participant in that plan (now under the name RTX) and became a participant in the Carrier LTIP and the Otis LTIP.

  • Pursuant to the Transaction, he remained a participant in that plan (now under the name RTX) and became a participant in the Carrier LTIP and Otis LTIP.

  • Hardesty was a participant in the UTC LTIP before the Transaction and has remained a participant in that plan (now under the name RTX) and now is a participant in the Carrier LTIP, Otis LTIP, Carrier Global Corporation LTIP Performance Share Unit Deferral Plan (“Carrier PSU Deferral Plan”), Carrier Global Corporation Deferred Compensation Plan (“Carrier DC Plan”) and Carrier SRP after the Transaction.

  • Carrier and the Carrier LTIP, having accepted and assumed the liabilities for the compensation and employee benefits owed to members of the Carrier Group, including the compensation owed under the UTC LTIP and 2018 UTC LTIP, is liable for the UTC LTIP and UTC’s breach of contract.

  • Pursuant to the Transaction, he remained a participant in that plan (now under the name RTX) and becamse a participant in the Carrier LTIP and the Otis LTIP.

  • Maurer was a participant in the UTC LTIP and the UTC SRP before the Transaction and has remained a participant in the UTC LTIP (now under the name RTX) and now is a participant in the Carrier LTIP, the Otis LTIP and the Otis Worldwide Corporation Savings Restoration Plan (“Otis SRP”) after the Transaction.

  • The Tonga Law Reports are up to date with the recent receipt of the 2016 Tonga Law Reports from the Editor.

Related to Carrier LTIP

  • Sprint means a set period of time during which specific work is realized and made ready for review.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • PSP or “PSPs” means the State’s IT Policies, Standards and Procedures. “SSAE” means Statement on Standards for Attestation Engagements.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • PSU means Public Sector Undertaking

  • Verizon means Verizon Communications Inc., a Delaware corporation.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Parent Plan means any plan, policy, program, payroll practice, on-going arrangement, contract, trust, insurance policy or other agreement or funding vehicle, whether written or unwritten, maintained or sponsored by Parent or any of its Subsidiaries or Affiliates (or any of their respective predecessors) at any time on or prior to the Effective Time for the purpose of providing compensation or benefits to any current or former employee of any such person.

  • Sprint PCS means any or all of the following Related Parties who are License holders or signatories to the Management Agreement: Sprint Spectrum L.P., a Delaware limited partnership, WirelessCo, L.P., a Delaware limited partnership, SprintCom, Inc., a Kansas corporation, PhillieCo Partners I, L.P., a Delaware limited partnership, PhillieCo, L.P., a Delaware limited partnership, Sprint Telephony PCS, L.P., a Delaware limited partnership, Sprint PCS License, L.L.C., a Delaware limited liability company, American PCS Communications, LLC, a Delaware limited liability company, and APC PCS, LLC, a Delaware limited liability company. Any reference in the Management Agreement or Services Agreement to Xxx Communications PCS, L.P., a Delaware limited partnership, or Xxx PCS License, L.L.C., a Delaware limited liability company, is changed to Sprint Telephony PCS, L.P., a Delaware limited partnership, or Sprint PCS License, L.L.C., a Delaware limited liability company, respectively, to reflect name changes filed with the Delaware Secretary of State in 2002.

  • SIP means Session Initiation Protocol.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Health plan or "health benefit plan" means any policy,

  • AIP means the Company's Annual Incentive Plan as it exists on the date hereof and as it may be amended, supplemented or modified from time to time or any successor plan.

  • Interexchange Carrier (IXC means a carrier that provides, directly or indirectly, interLATA or intraLATA Telephone Toll Services.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • SMS means a short message service consisting of a text message transmitted from one mobile to another;

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.