LTIP Award definition

LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

LTIP Award means an incentive compensation opportunity granted under the LTIP.

LTIP Award means each or any, as the context requires, LTIP Award issued under the OPP Agreement or otherwise having the economic rights and entitlements and such other rights and entitlements, and subject to the vesting, forfeiture and additional restrictions on transfer, as set forth in the applicable LTIP Award, including any amendments thereto.

Examples of LTIP Award in a sentence

• The LTIP Award for FY 2024 will be subject to the terms and conditions of XXXX’s 2021 Incentive Award Plan, as amended and restated from time to time (the “2021 Incentive Award Plan”) and will be evidenced by, and is conditional upon the Executive’s acceptance of, a written agreement - 6 - between LICY and the Executive.

• The LTIP Award will be payable as to 50% in restricted share units (“RSUs”) and as to 50% in Performance Share Units (“PSUs”), accordance with the plan design for FY 2024.

• It is anticipated that the Executive’s LTIP Award for FY 2024 will be granted by the Board at the next quarterly meeting of the Board following the Effective Date.

• The Executive understands that the awards referenced in Subsections 3.2 (Annual STIP Award) and 3.3 (Annual LTIP Award) (collectively, the “Awards”) are subject to the terms of XXXX’s long-term incentive award plans and the relevant agreements governing the Awards, in place and as amended from time to time.

More Definitions of LTIP Award

LTIP Award means an Award of performance shares under the LTIP.

LTIP Award shall have the meaning set forth in Section 4(b) hereof.

LTIP Award means a grant under the LTIP.

LTIP Award means an equity award granted under an LTIP prior to the Company’s 2009 fiscal year and approved for deferral under the Plan by the Plan Administrator. To the extent the Committee approves an adjustment to any LTIP Awards deferred under the Plan as a result of any dividend or other distribution (whether in the form of cash, Campbell Stock or other securities), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Campbell Stock or other securities of the Company, issuance of warrants or other rights to purchase Campbell Stock or other securities of the Company, issuance of Campbell Stock pursuant to the anti-dilution provisions of Campbell Stock, or other similar corporate transaction or event that affects the Campbell Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, the Company shall adjust equitably any or all of the LTIP Awards credited to a Participant’s Account Balance. Notwithstanding the foregoing, on and after the Company’s 2009 fiscal year, Eligible Executives who are Directors shall continue to be permitted to defer LTIP Awards.

LTIP Award means each or any, as the context requires, long-term incentive plan award issued under any Equity Incentive Plan.

LTIP Award means a long term cash award earned and payable to an Executive under the LTIP that is eligible for deferral pursuant to the Plan. The “2002-2004 Cycle” LTIP Awards (payable in 2005) are the first LTIP Awards eligible for deferral under the Plan.

LTIP Award means the number of performance shares or performance share units, as applicable, that Executive shall be entitled to receive under the LTIP with respect to any performance period (as defined in the applicable program or plan) that includes the Date of Termination, such number to be determined as if Executive satisfied the remaining performance requirements and was entitled to the maximum pay out level under the long term incentive program with respect to such performance periods.