KERP Order definition

KERP Order means the Order Approving and Authorizing Payments Under Key Employee Retention Plan (Docket No. 738).
KERP Order means the Order (I) Approving the DebtorsKey Employee Retention Plan and
KERP Order means the Order (I) Approving the DebtorsKey Employee Retention Plan and (II) Granting Related Relief [Docket No. 684].

Examples of KERP Order in a sentence

  • The Company warrants that its execution of and performance under this Agreement does not violate or contradict the KERP Order, any provision of Title 11 of the United States Bankruptcy Code, any other applicable statutes, or any orders previously entered by the Bankruptcy Court in the Company's bankruptcy case.

  • On March 6, 2001, the Bankruptcy Court entered an -------------- order authorizing the Company to implement the KERP (the "KERP Order").

  • On March 6, 2001, the Bankruptcy Court -------------- entered an order authorizing the Company to implement the KERP (the "KERP Order").

  • Unless otherwise ordered by the Bankruptcy Court after notice and a hearing, any restricted stock units that: (i) were granted under prior long-term incentive plans of the Debtors; (ii) are unvested as of the Debtors’ emergence from these chapter 11 cases; and (iii) are held by employees of the Debtors that receive payments under the Modified ▇▇▇▇ (as defined in the ▇▇▇▇ Order) or Modified KERP (as defined in the KERP Order) shall be cancelled and released without recovery on account thereof.


More Definitions of KERP Order

KERP Order means collectively the October 23, 2003 and August 12, 2004 orders referenced in the definition of KERP Program below.
KERP Order means the Bankruptcy Court’s Agreed Final Order Granting Emergency Motion for Approval of Key Employee Retention Plan.
KERP Order means the Order of the Honourable Madam Justice K.M. Eidsvik of the Court made on March 27, 2013 approving the KERP.
KERP Order means the Order Authorizing the Debtors to Implement the Key Employee Retention Program signed by the Bankruptcy Court on May 29, 2003.

Related to KERP Order

  • Interim DIP Order means the order of the Bankruptcy Court, approving the Facility on an interim basis, substantially in the form of Exhibit J hereto.

  • Stop Order means an instruction to create a Short Position when Our Price reaches a specified price.

  • Levy Order means an Order made by the Commission under paragraph 16 of the Schedule to the Act.

  • FCC Order means Federal Communications Commission Order 94-102 (61 Federal Register 40348)

  • Confirmation Order means the order of the Bankruptcy Court confirming the Plan pursuant to section 1129 of the Bankruptcy Code.