LTIP Employee definition

LTIP Employee means, at any applicable time, any employee or officer of a Transferred Company who participates in a long-term incentive plan of Parent or any of its Subsidiaries; provided that the “LTIP Employees”, at any applicable time, shall in all cases include all Key Employees at such applicable time (whether or not they participate in a long-term incentive plan of Parent or any of its Subsidiaries).
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LTIP Employee means an Employee of the Company or an Affiliate eligible for Long-Term Bonus Compensation.
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LTIP Employee means an employee who is eligible to participate in the Company's Long Term Incentive Plan.
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Examples of LTIP Employee in a sentence

  • As a result of the Share Consolidation, no amendments are envisaged to be made to the performance conditions for existing awards.The trustee of the LTIP Employee Share Trust (the Trust) holds Existing Ordinary Shares which may be applied for the purpose of satisfying awards under the LTIP.

  • In accordance with and subject to the terms of the Employment Agreement and the LTIP, Employee is entitled to certain separation benefits upon termination without cause.

  • Employee will also be entitled to participate in the 2000-2002 Long-Term Incentive Plan (“LTIP”), 2001-2003 LTIP and the 2002-2004 LTIP with no pro-rata adjustment for retiring prior to December 31, 2002; provided, however, that if there is a payout for the HEI officers under the 2001-2003 LTIP and the 2002-2004 LTIP, Employee will be eligible for a 24/36 payout and a 12/36 payout, respectively.

  • A statement as to the balance of his or her Deferred Stock Equivalent Account will be sent to each LTIP Employee at least once each calendar year.

  • All notices or other correspondence shall be addressed to the Owner and the Bidder at their respective addresses set forth herein.

  • If the mosquito is infected, the virus must reproduce in the mosquito and make its way to the mosquito’s salivary glands.

  • In the event that the Company adopts a Long-Term Income Plan (LTIP), Employee will participate in the LTIP and be eligible for future grants or awards of stock options based on his performance.

  • Annual Bonus Compensation and/or Long Term Bonus Compensation deferred by an LTIP Employee shall be credited to such Account as of the Payment Date, and shall be converted into Common Stock Equivalents based on Fair Market Value as of such date.

  • This includes Rs 24.95 crores pertaining to earlier financial years.2. Long term incentive plan (LTIP)The Company offers equity-based award plans to its employees, officers and directors through its parent, Vedanta Resources Plc (the "Parent"), [The Vedanta Resources Long-Term Incentive Plan ("LTIP"), Employee Share Ownership Plan ("ESOP") and Performance Share Plan (“PSP”)] and Vedanta Limited [Vedanta Limited - Employee Stock Option Scheme (“Vedanta Limited- ESOS”)].

  • If no such beneficiary designation is in effect at the time of the LTIP Employee's death, or if no designated beneficiary survives the LTIP Employee, the LTIP Employee's estate shall be deemed to have been designated his beneficiary and the executor or administrator thereof shall receive the amount, if any, payable hereunder after the LTIP Employee's death.


More Definitions of LTIP Employee

LTIP Employee means any employee of the Company or any of its Subsidiaries eligible to receive a payment or benefit under the LTIP.
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Related to LTIP Employee

  • Partnership Employee means an employee or other service provider of the Partnership or of a Subsidiary of the Partnership, if any, acting in such capacity.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Current Employee has the meaning set forth in Section 7.8(a).

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • Retired employee means an employee of the state who retired after April 29, 1971,

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Term Employee means an employee hired for a specific term of employment. The term of employment may be based on a specific period of time or the completion of a specific job or until the occurrence of a specified event.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.