Examples of LTI Award Agreement in a sentence
These awards will vest on the third anniversary of the grant date, subject to the recipient’s continued employment through such date and the level of performance attained with respect to the applicable performance metrics.The above description of the form of LTI Award Agreement is qualified in its entirety by reference to the Form of Annual Long-Term Incentive AwardAgreement, attached hereto as Exhibit 10.1, and the PepsiCo, Inc.
The above description of the form of LTI Award Agreement is qualified in its entirety by reference to the Form of Annual Long-Term Incentive Award Agreement, attached hereto as Exhibit 10.1, and the PepsiCo, Inc.
BLACK STONE MINERALS, L.P.By: Black Stone Minerals GP, L.L.C., its general partner Date: February 18, 2016 By: /s/ Steve Putman Steve PutmanSenior Vice President, General Counsel, and Corporate Secretary 3 EXHIBIT INDEX EXHIBIT DESCRIPTIONForm of STI Award Grant Notice and STI Award Agreement (Leadership) under the Black Stone Minerals, L.P. Long-Term10.1 Incentive Plan.Form of LTI Award Grant Notice and LTI Award Agreement (Leadership) under the Black Stone Minerals, L.P. Long-Term10.2 Incentive Plan.
In this latter case, dramatisation comes from the concept, it doesn’t come so much from intuition.
The rationale for the retention bonus is virtually the same rationale that WMI used for making the long term cash incentive awards pursuant to the standard form WMI Cash LTI Award Agreement.
Your award will vest by reference to the Performance Goals set out in Exhibit 1 to the 2018 LTI Award Agreement with no discretion reserved to the Compensation Committee as to the number of shares which you will receive.
The first sentence of the SBO Agreement state that the special bonus was offered “as a reward for your continued service to Washington Mutual (the ‘Company’ or ‘WaMu’),” the same rationale WMI used for making the long term cash incentive awards pursuant to the standard form WMI Cash LTI Award Agreement.
On the basis that this is an Involuntary Termination Without Cause, the PSUs comprised in your 2018 LTI Award will vest in accordance with Section 4 of the Agreement governing your 2018 LTI Award (your "2018 LTI Award Agreement") subject to (x) achievement of the Performance Goals as if your Continuous Service Status had not terminated, and (y) compliance with the restrictive covenants set forth in Section 13 of your 2018 LTI Award Agreement.
The first sentence of the SBOs states that the special bonus was offered “as a reward for your continued service to Washington Mutual (the ‘Company’ or ‘WaMu’),” the same rationale WMI used for making the long term cash incentive awards pursuant to the standard form WMI Cash LTI Award Agreement.
Vested PSUs will be paid upon completion of the Performance Period based on the level of performance achieved as of the end of such Performance Period in accordance with Section 5 of your 2018 LTI Award Agreement.