Examples of Compensation Plan in a sentence
Commencing with fiscal year 2025, during the Employment Term, the Executive shall be eligible to receive equity and/or other long-term incentive awards pursuant to the Company’s Long-Term Incentive Compensation Plan as may be in effect from time to time and as may be amended by the Company (each an “Annual Equity Award”) with a targeted aggregate award for 2025 as set forth in Exhibit A.
Annual Incentive Compensation Plan, the termination of Executive’s employment at the conclusion of the Advisory Term qualifies for a prorated AIP payment for fiscal year 2025.
Such options, to the extent outstanding, shall also provide for full vesting (exercisability) in the event of a change in control (within the meaning of the Share-based Compensation Plan).
The Executive shall be eligible to participate in the Company’s Share-based Compensation Plan dated January 1, 2010 (also referred to as the Company’s “LTIP” plan) or any similar long-term incentive plans implemented during the Term.
Seller shall terminate and liquidate each Company Employee’s interests in the Deferred Compensation Plan in accordance with Treasury Regulation Section 1.409A-3(j)(4)(ix)(B).