Examples of EIX Company in a sentence
A termination of employment will not be deemed to occur for purposes of the LTI if a Holder’s employment by one EIX Company terminates but immediately thereafter the Holder is employed by another EIX Company.
A termination of employment will not be deemed to occur for purposes of the LTI if a Holder's employment by one EIX Company terminates but immediately thereafter the Holder is employed by another EIX Company.
Each EIX Company will then have the authority to determine to whom Plan Awards will be granted and the amount of the individual awards.
Further, with the consent of Edison International and the Participant, each EIX Company may amend the terms of any existing Plan Award previously granted to include or amend any provisions which could have been incorporated in such a Plan Award at the time of such amendment except that repricing of Nonqualified Stock Options is not permitted.
The Committee will allocate a portion of the total number of Plan Awards to each EIX Company.
Awards may be granted as alternatives or replacements of awards outstanding under any other plan or arrangement of another business or entity, all or a portion of which is acquired by an EIX Company.
Performance Awards may be based on Common Stock performance over a period determined in advance by the Administrator or may be based on any other measures as determined appropriate by the Administrator, including the performance of hypothetical equity-related measures of any EIX Company.
Each EIX Company may grant Plan Awards to newly eligible individuals at any time during the year provided the total number of Plan Awards authorized by the Committee for that EIX Company for that year is not exceeded.
Nothing contained herein shall be construed as conferring upon TRM the right to continue in the employ of EC (or any other EIX Company) as an officer or in any other capacity.
The Administrator may grant Stock Options as alternatives or replacements of awards outstanding under any other plan or arrangement of another business or entity, all or a portion of which is acquired by an EIX Company.