Long-Term Compensation definition

Long-Term Compensation means, collectively, contingent performance shares, stock options and share units and the Long-Term Compensation granted to the Executive in each of 2007 and 2008 shall be a minimum of $2.75 million annually. The Long-Term Compensation to be granted to the Executive pursuant to this subparagraph 3(c) shall be granted under the Incentive Plan and at the same time the applicable annual grants are made to other senior executives of the Company. In no event shall the Executive be granted Long-Term Compensation pursuant to this subparagraph 3(c) unless he is employed by the Company on the date of grant. The Long-Term Compensation granted to the Executive pursuant to this subparagraph 3(c) shall be subject to the same terms and conditions as apply to the annual grants of Long-Term Compensation to other senior executives of the Company for the applicable grant, subject to the terms and conditions of this Agreement.
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Long-Term Compensation means an annual compensation amount determined by the Committee for each Participant and delivered in the form of Options, Performance Awards and/or cash at the discretion of the Committee.
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Long-Term Compensation means an annual compensation amount determined by the Committee or the Board, as applicable, for each Participant and delivered in the form of Options, Performance Awards, Restricted Awards and/or cash at the discretion of the Committee or the Board.
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Examples of Long-Term Compensation in a sentence

  • Mattel has adopted the Amended and Restated 2010 Equity and Long-Term Compensation Plan, as may be amended from time to time (the “Plan”), for the granting to selected employees of awards based upon shares of Common Stock of Mattel.

  • During the Period of Employment, the Executive shall be eligible to participate in the Company’s Long-Term Compensation Program (as it may be amended from time to time, the “Program”) on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect.

  • The Compensation Committee of the Board of Directors (the “Committee”) has determined to award to the Executive shares of the common stock of the Company (“Common Stock”), subject to the restrictions contained herein, pursuant to the Company’s 2010 Long-Term Compensation Plan (the “Plan”).

  • From the date of this Letter Agreement, you will no longer be eligible for any equity awards such as stock options, performance share units or restricted shares under Company’s Long-Term Compensation Plans.

  • Long-Term Compensation shall become vested as follows: 0% in the first year, 25% in the second year, 50% in the third year, 75% in the fourth year and 100% in the fifth year, following the award, and shall be paid in the sixth year.

  • Long-Term Compensation Strategy" delivered to each of the parties hereto and such shares are being purchased in exchange for management's rights to a five percent (5%) preferred dividend as set forth in the Arth▇▇ ▇▇▇e▇▇▇▇ Report.

  • At the Effective Time, each outstanding Performance Award held by a participant which has been granted under the NAL 2005 Long-Term Compensation Plan (the “Performance Awards”) will become fully vested, and the participant will receive the Stock Consideration in respect of each outstanding Performance Award, multiplied by the Pro Rata Portion (as defined in the next sentence).

  • Notwithstanding the foregoing, the Executive shall not participate in the Hertz Corporation Long-Term Compensation Plan, under which the Company has ceased to make additional grants (and only pre-existing awards remain outstanding).

  • The Compensation Committee of the Board of Directors (the “Committee”) has determined to award to the Executive Restricted Stock Units, subject to the restrictions contained herein, pursuant to the Company’s 2017 Long-Term Compensation Plan (the “Plan”).

  • The Compensation Committee of the Board of Directors (the "Committee") has determined to award to the Executive Performance Share Units, subject to the restrictions contained herein, pursuant to the Company's 2017 Long-Term Compensation Plan (the "Plan").


More Definitions of Long-Term Compensation

Long-Term Compensation. Employee shall be eligible to participate in the Azurix Corp. stock plan. Upon finalization of the plan, Employee shall receive a grant with a theoretical three-year total value of $1,500,000. The theoretical value methodology shall be the same methodology used for other executives of the Company participating in the plan. Employee shall vest 33 1/3% on each grant date anniversary (three-year vesting). MEDICAL INSURANCE: Employee will be entitled to such private medical insurance arrangements as may be provided by the Company from time to time. Employee shall attend for health screening at the Company's request. ACCIDENT/LIFE INSURANCE: Employee will be entitled to participate in the accident/whole life insurance cover as may be provided by the Company from time to time.
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Long-Term Compensation means compensation payable in accordance with the provisions of Part IV of these Regulations for loss of employment or loss or diminution of emoluments ;
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Long-Term Compensation means, collectively, contingent performance shares, stock options and share units.
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Long-Term Compensation means, collectively, contingent performance shares, stock options and share units. The dates on which such grants shall occur, the types of grants, and the terms and conditions applicable to such awards shall be determined by the Committee in its discretion under the LTIP (or a successor plan thereto), provided that the intent is that the awards made pursuant to this subparagraph 3(d) shall be made at the same time as annual Long-Term Compensation awards are made to other senior executives of the Company and that the first such grant shall be made in December, 2008. The provisions of this subparagraph 3(d) shall not apply to periods after December, 2012.
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Long-Term Compensation means the bonus payable under the Company's Long Term Incentive Plan.
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Long-Term Compensation. Executive shall be eligible to participate in a three-year long term incentive compensation plan awarding up to $3,000,000. Payment under the plan will be paid in accordance with a formula and based upon the achievement by Executive of mutually agreed upon performance criteria, including, but not limited to, reductions in per member per month administrative expenses and other expense ratios and attainment of earnings per share targets for Coventry Corporation and its successor corporation, Coventry Health Care, Inc. The terms and conditions of the plan will be mutually agreed upon by Employer and Executive within sixty (60) days from the Date of Employment and will be included as an amendment to this Agreement.
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Related to Long-Term Compensation

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

  • Section 415 Compensation means a Participant's earned income, wages, salaries, and fees for professional services, and other amounts received for personal services actually rendered in the course of employment with an employer maintaining a plan (including, but not limited to, commissions paid salesmen, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips and bonuses), and excluding the following:

  • 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;

  • Basic Compensation means Salary and Benefits.

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.