LTIP Grants definition

LTIP Grants means the outstanding grants of Phantom Units under the LTIP which are fully vested and may result in Common Units being issued to the holders of such grants.
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Examples of LTIP Grants in a sentence

  • For purposes of this Letter Agreement, your 1998 Stock Option and Performance Bonus Award grants are collectively referred to as "LTIP Grants." Note that the ECC reserves the right not to make Stock Option or Performance Bonus Awards in 1998, and, if so, you will be treated in the same manner as other executives at your salary level.

  • The LTIP Grants are offered to the Beneficiaries for no consideration.

  • All LTIP Grants shall be made in January following the contract year and shall be effective as of January 1st of such year.

  • During 2015 the Group settled its LTIP Grants and Deferred Shares Awards.

  • Strong performance in certain asset classes since the first grants were awarded have resulted in the potential for Special LTIP Grants.

  • There is therefore no further requirement for any further contaminated land surveys to be carried out however it is recommended that a Site Completion Report detailing the conclusions and actions taken at each stage of the works, including validation works, shall be submitted to, and approved in writing by, the LPA prior to the first use or occupation of any part of the development hereby approved.

  • No LTIP may be offered to any person who is a director, major shareholder or Chief Executive of Axiata or its holding company, or a person connected with them (within the meaning of Main LR), unless the specific LTIP Grants and related allotment of new EDOTCO Shares to that person shall have previously been approved by Axiata’s shareholders in a general meeting.

  • Modifications to LTIP Grants 3, 4 and 5 No modifications were made to any Plan during 2014.

  • His entitlement included deemed vesting of (i) a prorated portion of his LTIP grant for fiscal year 2021 and (ii) a prorated portion of his LTIP grant for fiscal year 2022, in each case based on achievement of the applicable performance metrics at the same level as the Chief Executive Officer of the Company (the "Pro-Rata LTIP Grants").

  • Such Pro-Rata LTIP Grants shall be settled at such time the LTIP grants for the applicable performance periods are settled with the Chief Executive Officer of the Company and support in tax preparation assistance and tax equalization benefits respecting the 2022 and 2023 taxable years (including 2023 tax return preparation occurring in 2024).

Related to LTIP Grants

  • 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.

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

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • 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.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Service Awards means the amount awarded by the Court and paid to the Class Representatives in recognition of their role in this litigation, as set forth below.

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).