Long-Term Incentive Award definition
Examples of Long-Term Incentive Award in a sentence
This Agreement contains the entire understanding of the parties with respect to any Change In Control or the subject matter of this Agreement, provided however, that the effects of a change in control pursuant to the Long-Term Incentive Award Agreements shall be governed by the terms of such agreements and shall not be affected by this Agreement.
Notwithstanding anything to the contrary herein, it is expressly understood and agreed that the terms and conditions of any Long-Term Incentive Awards shall continue to be governed by the applicable Long-Term Incentive Award Agreements and shall not be affected by this Release.
The Corporation hereby grants a Short-Term Annual Incentive Award and a Long-Term Incentive Award (the “Award”) under the Plan to the person identified in Section 3.
If the Executive is not a regular full-time employee of the Company at the close of business on March 5, 2000, or if the Executive has not been continuously employed by the Company on a regular full-time basis during the period from March 6, 1997, through March 5, 2000, then the Executive shall not be entitled to receive any Long-Term Incentive Award payment pursuant to this Paragraph 2.
The Company makes no representation or warranty to the Executive with respect to the possible future value of the Long-Term Incentive Award.