Incentive Unit Plan definition

Incentive Unit Plan means the incentive unit plan of the REIT which was established in 2013, as amended from time to time.
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Incentive Unit Plan means the AHI NEWCO, LLC Incentive Unit Plan entered into as of the Effective Date, as the same may be modified from time to time in accordance with the terms thereof and this Agreement.
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Incentive Unit Plan means the Southcross Energy Partners GP, LLC and Southcross GP Management Holdings, LLC 2014 Equity Incentive Plan adopted as of August 4, 2014, as it may be amended from time to time.
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Examples of Incentive Unit Plan in a sentence

  • The Incentive Units will be subject to the terms and conditions of the LLC Agreement, the Pluralsight Holdings, LLC Incentive Unit Plan dated as of May 24, 2013, as amended, modified, or supplemented from time to time, and an Incentive Unit Offer Letter between you and the Company (the “Offer Letter”).

  • The CG&N Committee has granted RSUs under the REIT’s existing Incentive Unit Plan which represent the right to receive, at the discretion of the Board, either Units (including accrued distribution equivalents) or a cash payment having an equivalent market value to the Units subject to the award when such RSUs vest at the end of the third calendar year following the grant.

  • A description of the terms of the Incentive Unit Plan can be found in Schedule B to this Circular.

  • The Incentive Unit Plan was amended to give effect to this adjustment.

  • As at September 30, 2023, the maximum number of incentive units authorized to be granted under H&R’s Incentive Unit Plan was 5,000,000.

  • IN WITNESS WHEREOF, this ECPM Holdings, LLC 2013 Incentive Unit Plan, is, by the authority of the Board of Managers of the Company, executed in behalf of the Company, effective as of the 11th day of January, 2013.

  • Upon entry of this Order each party will promptly undertake to transfer to their name individually the balance owed on each debt assumed by the said party per Schedules B and C.

  • As of December 31, 2021, 222,070 Units had been issued pursuant to the Incentive Unit Plan (0.08% of the Units outstanding as of that date), 284,858 Units were issuable upon vesting of PSUs granted but not yet vested (0.10% of the issued and outstanding Units issued and outstanding as of that date) assuming vesting at 100% and 1,308,920 Units were issuable upon vesting of RSUs granted but not yet vested (0.45% of the issued and outstanding Units issued and outstanding as of that date).

  • Accordingly, as of December 31, 2021, an aggregate of 1,593,778 Units (0.55% of the Units issued and outstanding as of that date) were issuable under outstanding grants of Incentive Units (as defined herein) and 3,184,152 Units (1.10% of the Units issued and outstanding as of that date) were reserved for issuance for potential future grants of Incentive Units pursuant to the Incentive Unit Plan.

  • Up to 5,000,000 Units may be issued in connection with the Incentive Unit Plan, representing 1.73% of the REIT’s outstanding Units as of December 31, 2021.


More Definitions of Incentive Unit Plan

Incentive Unit Plan means the Hospice Partners of America, LLC Incentive Unit Plan.
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Related to Incentive Unit Plan

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

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

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • 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.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.

  • 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.

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

  • 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;

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

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

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

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • 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.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • 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.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Incentive Distribution Right means a Limited Partner Interest having the rights and obligations specified with respect to Incentive Distribution Rights in this Agreement (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest).

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

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

  • RSU Plan means the restricted share unit plan of the Company;