LTI Plans definition

LTI Plans or “LTIP” means the Long-Term Incentive Plans and includes the Option Plans, the DSU Plan, the RSU Plan, the PSE Plan, and the PSU Plan pursuant to which long-term incentives may be issued.
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LTI Plans means the Incentive Award Plan, Phantom Plan and Option Plan.
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LTI Plans applicable to Executive shall survive any revocation of this Agreement by Executive. Notwithstanding anything herein to the contrary, this Agreement shall be read so as to supplement the LTI Plans and not to replace or eliminate them.
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Examples of LTI Plans in a sentence

  • Under the LTI Plans members of the Executive Board received stock appreciation rights entitling them to receive the difference between the exercise price and the price of the Schering Shares on the exercise date.

  • The following table summarizes certain information relating to the LTI Plans for members of the Executive Board as of March 31, 2006: Thus, members of the Executive Board hold in total 475,500 stock appreciation rights.

  • Table of ContentsIn the event of a change of control, such as, for example, a takeover of Schering AG, the LTI Plans provide for an automatic early termination of the three-year lockup period of the options.

  • Members of the Executive Board hold Schering Shares and have rights to acquire Schering Shares or to receive cash payments in connection with increases in the market price of the Schering Shares arising from their participation in the LTI Plans.

  • Aside from this, the LTI Plans are generally not affected by any possible takeover and continue to be able to be exercised.

  • Pursuant to the conditions of the LTI Plans, upon a change of control in Schering AG, the options may be exercised irrespective of whether or not the three year lockup period has expired.

  • In addition, any rights which the relevant member of the Executive Board has in connection with the ongoing LTI Plans remain unaffected and can be asserted in accordance with the terms and conditions of the LTI Plans if they have not already been exercised.

  • In no event shall any payments made to you (x) for base salary, (y) under the Long Term Incentive Compensation Plan of any of the SFC Companies dated July 11, 1997 (the "LTI Plans"), or (z) under the Divestiture Award Bonus Plans dated October 22, 1997 be included in calculating the amount of the Deferred Bonus.

  • Until the stock ownership guidelines have been met, a senior executive is required to retain at least 75% of shares obtained under the Company’s LTI Plans (net of taxes and other costs).

  • The post-employment restrictions in the Confidentiality Agreements and the LTI Plans shall survive any revocation of this Agreement by Executive.

Related to LTI Plans

  • Sub-Plans means any sub-plan to the Plan that has been adopted by the Board or the Committee for the purpose of permitting the offering of Awards to employees of certain Designated Foreign Subsidiaries or otherwise outside the United States of America, with each such sub-plan designed to comply with local laws applicable to offerings in such foreign jurisdictions. Although any Sub-Plan may be designated a separate and independent plan from the Plan in order to comply with applicable local laws, the Absolute Share Limit and the other limits specified in Section 5(b) shall apply in the aggregate to the Plan and any Sub-Plan adopted hereunder.

  • 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.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Old Plans has the meaning set forth in Section 6.8(b).

  • EIP means the Company’s 2006 Equity and Incentive Plan, as amended from time to time, or any successor plan.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Statutory Plans means statutory benefit plans which a Party or any of its subsidiaries is required to participate in or comply with or in respect of which any of them has an actual or potential liability, including the Canada Pension Plan and Quebec Pension Plan and plans administered pursuant to applicable health, tax, workplace safety insurance and employment insurance legislation;

  • SIP means Session Initiation Protocol.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Final Plans with respect to any particular work or improvement means Plans which (i) have received final approval from all governmental authorities required to approve such Plans prior to completion of the work or improvements and (ii) contain sufficient specificity to permit the completion of the work or improvement.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Company Equity Plans means the Company’s 1994 Stock Option Plan, 1998 Stock Option Plan, 2000 Stock Option Plan, 2003 Equity Incentive Plan and 2005 Equity Incentive Plan, each as may be amended from time to time, and any stock option agreements, award notices, stock purchase agreements or other agreements or instruments executed and delivered pursuant thereto.

  • Awards means, collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Phantom Stock, Restricted Stock, Performance Awards, or Other Stock or Performance Based Awards.

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

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