Incentive Members definition

Incentive Members means the Class B Members, Class C Members, Class D Members, Class E Members and/or Class F Members.
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Incentive Members means Members holding Incentive Shares with respect to such ownership of Incentive Shares.
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Examples of Incentive Members in a sentence

  • Items of income, gain, loss and deduction attributable to amounts retained by the Company pursuant to this Section 5.03 shall be allocated among the Incentive Members holding Unvested Units in a manner, determined in the Board of Managers’ discretion, that equitably reflects each such Incentive Member’s share of the amounts to which such items relate.

  • Education Incentive Members of the Police Department who have earned degrees in the following areas of study: Criminal Justice, Business Administration, Juris Doctor (Law Degree), Psychology, Forensic Science, Sociology, or other fields of criminal justice study as determined by the Chief will receive the following compensation.

  • Fourth, seventy-seven percent (77%) to such Common Unitholder and twenty-three percent (23%) to the Management Incentive Members in proportion to their MIU Percentages until (A) the IRR of such Common Unitholder is greater than twenty-five percent (25%) and (B) such Common Unitholder has received Total Distributions with respect to the Common Units held by such Common Unitholder equal to 4.0 times the amount of its aggregate Capital Contributions (the “Fourth Threshold”).

  • Second, ninety percent (90%) to such Common Unitholder and ten percent (10%) to the Management Incentive Members in proportion to their MIU Percentages until (A) the IRR of such Common Unitholder is greater than twenty percent (20%) and (B) such Common Unitholder has received Total Distributions with respect to the Common Units held by such Common Unitholder equal to 2.0 times the amount of its aggregate Capital Contributions (the “Second Threshold”).

  • Distributions that would otherwise be made to the Management Incentive Members shall be withheld until the amount that has so been withheld is equal to the aggregate of all amounts that have theretofore been applied to redeem or repurchase Management Incentive Units (“Withheld Amount”).

  • After the Common Unitholders have in the aggregate received the Withheld Amount, all remaining distributions to the Unallocated MIU Percentage shall be made to the Management Incentive Members in proportion to their MIU Percentages.

  • The entire total of Management Incentive Units reflecting all grants made pursuant to the Plan shall be available to the Board of Managers but shall not be available to other Management Incentive Members.

  • Third, eighty percent (80%) to such Common Unitholder and twenty percent (20%) to the Management Incentive Members in proportion to their MIU Percentages until (A) the IRR of such Common Unitholder is greater than twenty percent (20%) and (B) such Common Unitholder has received Total Distributions with respect to the Common Units held by such Common Unitholder equal to 3.0 times the amount of its aggregate Capital Contributions (the “Third Threshold”).

  • The LINN Incentive Members other than LINN will not have any right under the DLLCA or the Company Agreement to have access to any information relating to the Company other than tax information provided pursuant to Section 7.3(c) of the Company Agreement.

  • The LINN Incentive Interests will be issued by the Company and held by the LINN Incentive Members subject to the holdback, vesting, allocation, forfeiture and other terms and conditions of this Agreement and the LINN Incentive Pool Plan.

Related to Incentive Members

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • Team Members means the members of the Team, jointly and severally;

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.

  • Deferred member means a person who elected to receive deferred vested retirement

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Unit Holders means all Unit Holders.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Class B Members means the Members holding Class B Units.

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Employee Member means a member of the “Bargaining Unit”.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Class A Members means those Members who have purchased Class A Interests.

  • Teaching staff member means an employee who holds a position for which a certificate issued by the New Jersey State Board of Examiners is required.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Active member means a member of the pension program or the individual account program

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Executive manager means an individual employed by a new motor vehicle dealer in an executive capacity and who has a written employment agreement with the dealer that includes a right for the executive manager to purchase a controlling interest in the dealership at a future time or on the death or incapacity of the dealer.

  • General Partners means all such Persons.

  • the Members means the members of the Club admitted from time to time to membership of the Club in accordance with Rule 5;