ITT Stock Plans definition

ITT Stock Plans has the meaning set forth in Section 7 of this Agreement.
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ITT Stock Plans has the meaning set forth in Section 7 of this Agreement. “Laws” has the meaning set forth in the Distribution Agreement. “Liabilities” has the meaning set forth in the Distribution Agreement. “Master Trust” means the trust established by ITT and maintained by Northern Trust as the trustee to hold the assets of all US Qualified DB Plans. “New ITT Trust” has the meaning set forth in Section 3 of this Agreement. “New Water Trust” has the meaning set forth in Section 3 of this Agreement. “New York Courts” has the meaning set forth in Article XVIII of this Agreement. “Non-US DB Plans” has the meaning set forth in Article III of this Agreement. “Non-US DC Plans” has the meaning set forth in Article IV of this Agreement. “Non-US H&W Plans” has the meaning set forth in Article V of this Agreement. “party” means ITT, Water and Defense. “person” means any natural person, corporation, business trust, joint venture, association, company, partnership or government, or any agency or political subdivision thereof. “Plan Actuary” means the plan actuary for each Non-US DB Plan, Non-US DC Plan or Non-US H&W Plan prior to the Distribution Date or the third-party individual who determined the liability under such plan prior to, on or after the Distribution Date. “Preexisting ITT Employees” means persons actively employed by the ITT Group immediately prior to the Distribution; and persons who are absent from work to the ITT Group immediately prior to the Distribution by reason of layoff, leave of absence or disability. “Records” has the meaning set forth in Article 13 of this Agreement. “RSUs” has the meaning set forth in Article VII of this Agreement. “Schedule” or “Schedules” means the Schedules Relating to Benefits and Compensation Matters Agreement, dated as of October 25, 2011, among ITT Corporation, Exelis Inc. and Xylem Inc., as they may be amended from time to time. “Subsidiary” has the meaning set forth in the Distribution Agreement. “Tax Matters Agreement” has the meaning set forth in the Distribution Agreement. “Tax” has the meaning set forth in the Tax Matters Agreement. Table of Contents
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Examples of ITT Stock Plans in a sentence

  • The Compensation and Personnel Committee of the Board of Directors of ITT has approved the adjustment of any ITT stock awards held by such non-employee directors that have not been exercised as of the Distribution Date to reflect the Distribution, as provided pursuant to the terms of the ITT Stock Plans following the conversion formula used for common shareholders of ITT stock.

  • ITT stock awards held by ITT Employees and ITT Retirees shall be adjusted to reflect the Distribution, as provided pursuant to the terms of the ITT Stock Plans, such that they retain ITT stock awards (but not stock awards payable in Water or Defense shares) following the Distribution Date.

Related to ITT Stock Plans

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Stock Plans shall have the meaning set forth in Section 3.7.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Company Option Plans means the Company’s 1999 Stock Option Plan and 2000 Stock Plan, each as amended, or any other compensatory option plans or Contracts of the Company, including, without limitation, option plans or Contracts assumed by the Company pursuant to a merger or acquisition.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Restricted Stock Plan means the RPM, Inc. 1997 Restricted Stock Plan and any successor plan or arrangement thereto.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Company Options means options to purchase shares of Company Common Stock.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Company Equity Plans means the Company’s 1994 Stock Option Plan, 1998 Stock Option Plan, 2000 Stock Option Plan, 2003 Equity Incentive Plan and 2005 Equity Incentive Plan, each as may be amended from time to time, and any stock option agreements, award notices, stock purchase agreements or other agreements or instruments executed and delivered pursuant thereto.

  • Company Equity Awards means the Company Options, Company PSUs and Company RSUs.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Company Option Plan means, either individually or collectively, the Company’s 2000 Employee Incentive Stock Option Plan and 2003 Employee Incentive Stock Option Plan.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • ESPP means the Company’s Employee Stock Purchase Plan.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.