Examples of Company LTIP in a sentence
The Company LTIP permits the treatment of Company Equity Awards described in Article III.
As of June 21, 2022 (“Company Capitalization Date”), (i) there were issued and outstanding (A) 77,060,612 shares of Company Stock and (B) 19,610 shares of Series A Preferred Stock, and (C) Company DSUs with respect to an aggregate of 2,052,474 shares of Company Stock, all of which were issued under the Company LTIP, and (ii) 5,414,193 shares of Company Stock are reserved under the Company LTIP.
Deferred tax assets have not been recognised in respect of the revaluation losses on investment properties, the valuation of the Company LTIP, interest rate swaps and in regard to IFRS 16 “Lease Contracts” as they may not be used to offset taxable profits elsewhere in the Group as realisation is not assured.
As of the date of this Agreement, there are 204,946 shares of Common Stock reserved for issuance under the Company LTIP and the Company does not sponsor or maintain any other plan, program or arrangement providing for the grant of equity-based awards to directors, officers, employees or other service provides of the Company or any Company Subsidiaries.
Under the Company LTIP, options are granted with exercise prices that are no less than market value of the stock at the grant date.