Incentive Plan Participant definition

Incentive Plan Participant means an individual, whether or not an employee at the time of an event triggering this Policy, who is or becomes entitled to receive any payment pursuant to the Company's annual incentive plan, payment on account of an award granted pursuant to the Company's long-term incentive plan, or both.
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Incentive Plan Participant means a participant in the Incentive Plan.
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Incentive Plan Participant means each person entitled to payment pursuant to the Incentive Plan.
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Examples of Incentive Plan Participant in a sentence

  • Notices or communications to or from the Incentive Plan Representative shall constitute notice to or from each Incentive Plan Participant.

  • To the extent that the Incentive Award payable to an Incentive Plan Participant exceeds 150% of his or her guideline bonus, fifty percent (50%) of such excess amount shall be deferred in accordance with the terms of this Plan, provided that no deferral shall be made unless the amount to be deferred pursuant to this formula is equal to or greater than $15,000.

  • Parent shall have entered into the Registration Rights Agreement with each Bridge Lender, Incentive Plan Participant and Company Key Employee, and, to the extent elected by it, Catch Curve, Inc.

  • Each Incentive Plan Participant shall deliver to the Company, prior to the Effective Time and as a condition to the right to receive any payment under this Section 2.3(d), documents evidencing the release of claims of any kind or nature related thereto in accordance with the terms of the Management Incentive Plan, together with executed counterpart signature pages to the Escrow Agreement, the Stockholder Representative Escrow Agreement and the Stockholder Representative Agreement.

  • The Buyer shall be deemed to have deposited into escrow on behalf of each Company Stockholder an amount of shares of Buyer Common Stock equal to the amount set forth for such Company Stockholder on Schedule 1.5, as updated at the Effective Time, and each on behalf of each Incentive Plan Participant an amount of Escrow Cash equal to 10% of the Management Bonus Amount otherwise deliverable to such Incentive Plan Participant pursuant to the Incentive Plan.

  • To the extent that the Incentive Award payable to a Senior Executive Incentive Plan Participant pursuant to the Senior Executive Incentive Plan exceeds 150% of his or her guideline bonus, fifty percent (50%) of such excess amount shall be deferred in accordance with the terms of this Plan, provided that no deferral shall be made unless the amount to be deferred pursuant to this formula is equal to or greater than $15,000.

  • In addition, in no event shall any Company Securityholder or Incentive Plan Participant have any liability to any Indemnified Party or any other Persons for fraud in excess of the portion of the Merger Consideration received by such Person in accordance with the terms of this Agreement.

  • As a participant in the KC Incentive Plan, Participant is eligible to receive the following incentive award over the vesting and payment schedule set forth below: CASH AWARD: Subject to the terms of the KC Incentive Plan and this Award Statement, the following amounts of incentive compensation shall be paid in cash on the dates indicated below [OPTIONAL, USED IF AWARDS ARE PAID BEFORE EARNED], [subject to recovery of Recoverable Advances].

  • The death, insanity, dissolution, winding up, insolvency, bankruptcy, receivership or other legal termination of a Trustee, an Investor who is not a Managing Shareholder or an Incentive Plan Participant shall have no effect on the life of the Fund and the Fund shall not be dissolved thereby.

  • No Investor or Incentive Plan Participant or any officer, director, shareholder or other person holding a legal or beneficial interest in any Investor shall, by virtue of his ownership of a direct or indirect interest in the Fund, be in any way prohibited from or restricted in engaging in, or possessing an interest in, any other business venture of a like or similar nature including any venture involving the independent power industry.


More Definitions of Incentive Plan Participant

Incentive Plan Participant means each participant in the Incentive Plan who is identified in Exhibit A hereto.
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Incentive Plan Participant means each person that is a holder of units granted pursuant to the Incentive Plan.
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Related to Incentive Plan Participant

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • 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.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • 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.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.

  • Participant has the meaning specified in Section 10.06(d).

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • 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.

  • Eligible employer means any municipality with a municipal

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;