Long Term Incentive Scheme definition

Long Term Incentive Scheme means the share option scheme adopted by the
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Long Term Incentive Scheme means any arrangement (other than a retirement benefit plan, a deferred bonus or any other arrangement that is an element of a director's remuneration package) which may involve the receipt of any asset (including cash or any security) by a director or employee of the company or any of its subsidiaries;
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Long Term Incentive Scheme means any agreement or arrangement under which money or other assets may become receivable by a director and which includes one or more qualifying conditions with respect to service or performance which cannot be fulfilled within a single financial year; and for this purpose the following are disregarded–
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Examples of Long Term Incentive Scheme in a sentence

  • Under the Long Term Incentive Scheme, the number of Shares which may be or have been issued or transferred in satisfaction of all Options and Share Awards to be granted under the Long Term Incentive Scheme shall not, in aggregate, exceed 126,701,060 Shares, being no more than 10% of the Shares in issue as at 8 June 2005 (which was 1,267,010,609 Shares).

  • The Company has obtained approval from the Stock Exchange to the listing of, and permission to deal in, up to 88,690,742 new Shares in the capital of the Company which may be issued and credited as fully paid by the Company to satisfy Options and Shares Awards granted and to be granted under the Long Term Incentive Scheme, subject to the 2% Cap.

  • The overall limit of 126,701,060 Shares that may be used to satisfy the Options and the Share Awards to be granted after 8 June 2005 under the Long Term Incentive Scheme includes existing Shares that may be purchased from the market and new Shares that may be issued by the Company.

  • Rindbo was granted options to subscribe for 1,200,000 Shares pursuant to the Long Term Incentive Scheme which are exercisable from 14 July 2007 to 14 July 2014.

  • Basic earnings per share is calculated by dividing the profit or loss attributable to the owners of the Company by the weighted average number of ordinary shares in issue during the period, excluding ordinary shares purchased by the Group and held both in Trust and as treasury shares to meet its obligations under the Long Term Incentive Scheme (“LTIS”) Deferred Bonus Plan (“DBP”) and SAYE schemes.

  • All Directors and senior executives have the opportunity to qualify for participation in the Employee Share Option Plan and Long Term Incentive Scheme which currently provides incentives where specified criteria are met including criteria relating to profitability, cash flow, share price growth and environmental performance.

  • Buttery was granted options to subscribe for 4,800,000 Shares pursuant to the Long Term Incentive Scheme.

  • PF plc operates the following equity-settled share schemes: the Restricted Share Plan (RSP) and associated Company Share Option Plan (CSOP), the Long Term Incentive Scheme (LTIS), employee savings-related share option schemes (typically referred to as Save As You Earn schemes (SAYE)), and the Deferred Bonus Plan (DBP) (formerly known as the Performance Share Plan or “PSP”), where shares in the ultimate parent company are available to the employees of the Company.

  • These were split as follows:- On 28 February 2019, the Company granted 775,000 options under the ESOP at an exercise price of $0.036 (Tranche I through to Tranche Q).- On 14 May 2019, the Company granted 3,188,831 options to the CEO under the ESOP (relating to the Long Term Incentive Scheme) at an exercise price of $0.059 (Tranche R).- On 14 June 2019, the Company granted 820,000 options under the ESOP at an exercise price of $0.036 (Tranche S).

  • The Spark New Zealand Managing Director Long Term Incentive Scheme replaces the Managing Director performance rights scheme.Under these restricted share schemes, ordinary shares in the Company are issued to Spark Trustee Limited.


More Definitions of Long Term Incentive Scheme

Long Term Incentive Scheme means any arrangement (not including, for the avoidance of doubt, any Ordinary Course Benefits) which may involve the receipt of any asset (including cash or any security) by a director or employee of a Group Company:
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Long Term Incentive Scheme means any arrangement (other than a retirement benefit plan, a deferred bonus or any other arrangement that is an element of an executive director’s remuneration package) which may involve the receipt of any asset (including cash or any security) by a director, executive or employee of the Group:
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Long Term Incentive Scheme means any agreement or arrangement under which money or other assets may become receivable by a director and which includes one or more qualifying conditions which cannot be fulfilled within a single financial year: accordingly, retirement benefits, compensation for loss of office, payments for breach of contract and other termination payments and bonuses the amount of which falls to be determined by refer- ence to service or performance within a single year are, for this purpose, to be disregarded;
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Long Term Incentive Scheme means any long term incentive schemes of the Clicks Group, as designated
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Related to Long Term Incentive Scheme

  • 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;

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

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Long-term care means those activities taken by a host state after a compact facility is permanently closed to ensure the protection of air, land, and water resources and the health and safety of all people who may be affected by the compact facility.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Long-term inpatient care means inpatient services for

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Long-term contract means a contract with a duration period exceeding one year;

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • SIP means Session Initiation Protocol.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • CIC Severance Plan means the Company’s Change in Control Severance Plan, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Share Incentive Plan means any one of the foregoing plans.