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

  • In the event that payments made to you under the LTI Plans exceed the amount of the Deferred Bonus, no amounts of Deferred Bonus shall be payable to you hereunder.

  • 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 Plan dated July 15, 1997 be included in calculating the amount of the Deferred Bonus.

  • The existing VHA LTI Plans that were in place for former VHA Executives were retained following the merger on 26th June 2020.

  • Two of the retained VHA LTI Plans remain on-foot, namely 50% of the 2019 LTI plan and the full 2020 LTI Plan.

  • Performance of the LTI plans is assessed annually over a three year period.The performance periods for the VHA LTI Plans that remain outstanding are detailed below.

  • The final assessment of the achievement of the objectives set out in each of the ROLLING LTI Plans will be made by the Appointments and Remuneration Committee, upon expiration of the term and, as the case may be, settlement thereof, and will take place after the General Meeting of Shareholders at which the annual accounts for the last year covered by the Plan are approved.

  • 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.

  • 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.

  • The grant date in respect of the LTI Plans, for all eligible employees excluding the MD, was the day the plan was approved by the Board.

  • 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.

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 3.8(b).

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Old Plans shall have the meaning set forth in Section 5.11(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 assigned thereto in Section 2.5(b).

  • 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 3.13(a).

  • Statutory Plans means statutory benefit plans which a Party and any of its Subsidiaries are required to participate in or comply with, including any benefit plan administered by any federal or provincial government and any benefit 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.

  • 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 value 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 means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • 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 Options, RSUs and PSUs granted to a Participant pursuant to the terms of the Plan;

  • 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.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

Most Referenced Clauses

Most Referenced Definitions