Long Term Incentive Program definition

Long Term Incentive Program means the program described in Section 6(b) hereof.

Long Term Incentive Program or “LTIP” is a program adopted with respect to calendar 2021 by the Committee under which equity awards and/or cash awards may be granted to certain eligible employees of the Company, its Subsidiaries or its Designated Associate Companies.

Long Term Incentive Program means the Second Amended and Restated Long Term Incentive Program of the Borrower.

Examples of Long Term Incentive Program in a sentence

• Under the Long Term Incentive Program, the Committee is authorized to grant the Awards described in this Section 6(b), under such terms and conditions as deemed by the Committee to be consistent with the purposes of the Plan.

• Except as otherwise set forth herein or as may be determined by the Committee, each Award granted under the Long Term Incentive Program shall be evidenced by an Award Agreement containing such terms and conditions applicable to such Award as the Committee shall determine at the date of grant or thereafter.

• The following summarizes certain material components of the Company’s Long Term Incentive Program as applicable to grants under Section 3(c) of the Agreement to which this Exhibit B is attached.

• During the Term of Executive's employment by the Company, Executive shall be entitled to participate in the Company's Executive Long Term Incentive Program which will be established by the Company's Board of Director's in accordance with a strategic plan developed for the Company and on appropriate terms and conditions.

• The 1987 Long Term Incentive Program (1987 Program) authorized the issuance of shares of the company's stock over a 15-year period in the form of stock options, restricted stock or long-term performance awards.

More Definitions of Long Term Incentive Program

Long Term Incentive Program means the Continental Airlines, Inc. Long Term Incentive Performance Award Program adopted under the Incentive Plan 2000, as amended from time to time.

Long Term Incentive Program means the equity incentive program of the Loan Parties which grants employees of the Loan Parties the right to acquire Equity Interests in Holdings and with respect to which no Loan Party has any obligation to repurchase such Equity Interests or any other monetary obligations with respect to such program.

Long Term Incentive Program. (“LTIP”) — Beginning with the grant to be made for fiscal year 2009, if any, you will be eligible to participate in Cabot’s long-term incentive program, as may be in effect from time to time, pursuant to the terms of the 2006 Long-Term Incentive Plan or any successor plan thereto. The program is designed to provide long-term incentive compensation to employees who contribute to the long-term strategic direction of the Company. Awards made under the program are discretionary and will be based on your contribution to the success of the Company and your anticipated future contribution. Each year the Compensation Committee determines the form of the LTIP award. Historically, the Compensation Committee has granted stock options and purchase restricted stock that have fully vested after three years. Any award granted to you under the LTIP will be subject to the terms and conditions of the award and the Plan, including but not limited to terms providing for forfeiture of unvested awards in the event your employment terminates; and

Long Term Incentive Program. (“LTIP”). The Executive shall be eligible to participate in the Company’s LTIP program, as it may be amended from time to time (including without limitation pursuant to the Board’s discretion to alter the ratio of PSUs to options granted under such program). Notwithstanding the foregoing, the Company and the Executive agree that the value of the grant as so determined for the Executive for 2022, 2023, 2024 and 2025 shall be reduced in each such year by US$2,100,000.”

Long Term Incentive Program. 9.4 "Notice" 10.3 "Personnel" 4.13 "Section 4.5 Subsidiaries" 4.5 "Securities Act" 4.3 "Seller Notes" 4.23 "TRG Incentive Plans"

Long Term Incentive Program is a 2011 program adopted by the Compensation Committee of the Company under which grants of Cash Awards and equity awards are to be made to certain eligible employees of the Wxxxxx Group.

Long Term Incentive Program means the Partnership’s Long-Term Incentive Program, as may be amended from time to time, or any successor program or plan.