LTIP Program definition

LTIP Program means the Continental Airlines, Inc. Long Term Incentive Performance Award Program, as amended from time to time.
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Examples of LTIP Program in a sentence

  • The maximum Award payout for each Participant for any LTIP Program Period, shall generally not exceed 200% (2 times) of the Target Award as determined by the Committee (or the CEO under any delegation of authority made pursuant to Sections 5.3 and 5.4 below) based on performance, but will be within the discretion of the Committee to determine subject to Section 4.4 with respect to compliance with the requirements of Code § 162(m).

  • Additionally, the Company’s Compensation Committee has approved for the Executive a Long-Term Incentive Award in the target amount of $2,000,000 under the Company’s 2014 LTIP Program, subject to the terms and conditions of the 2014 LTIP Program, including applicable performance period and program objectives.

  • The Company will recommend that the Compensation Committee approve for the Executive a 2013 Long-Term Incentive Award in the target amount of one-third of $2,000,000, which shall be pro-rated based upon the Effective Date and would be payable in March 2014 to the extent the objectives for 2013 under the Company’s Transitional LTIP Program have been achieved (and otherwise subject to the terms of the Transitional LTIP Program and the Incentive Compensation Plan).

  • On «CC_Vote_Date», the Compensation Committee of the Board of Directors of the Company (the "Committee") approved your participation in the «First_Year» Long-Term Incentive Compensation Program (the "2015 LTIP Program") which gives you and other participants the opportunity to earn shares of common stock of the Company.

  • SOURCE OF SHARES Shares of Company common stock to be paid under the Deferral Program and the LTIP Program are issued pursuant to the provisions of the Equity Compensation Plan.

  • No provision of this Section 6.7 shall create any third party beneficiary or other rights in any owner of Equity Interests of LTIP or any participant or former participant in any LTIP Program.

  • Management will recommend that the Compensation Committee approve a 2013 LTIP grant in the amount of $500,000, which shall not be pro-rated for 2013 and would be payable in March, 2016, to the extent the objectives under the LTIP Program (for 2013, 2014 and 2015) have been achieved (and otherwise subject to the terms of the LTIP Program and the Compensation Plan).

  • The provisions of the 2015 LTIP Program and all awards made under this Agreement are governed by, and will be interpreted in accordance with, the laws of the State of Delaware, without regard to any of its conflicts of law provisions.

  • In the event that Tower (or a corporation into which Tower converts) consummates, on or before October 31, 2010, an underwritten initial public offering pursuant to a registration statement declared effective under the Securities Act of 1933 (any such initial public offering, an “ IPO”), then your rights with respect to the IPO under the LTIP Program shall be governed by this letter and the Original Letter shall cease to have any effect.

  • Additionally, the Company will recommend that the Compensation Committee approve for the Executive a Long-Term Incentive Award in the target amount of $2,000,000 under the Company’s 2014 LTIP Program, subject to the adoption by the Compensation Committee of a 2014 LTIP Program and the terms and conditions of such program, including applicable performance period and program objectives, as may be approved by the Compensation Committee.

Related to LTIP Program

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Development Program means the implementation of the development plan.

  • AIP means the Company's Annual Incentive Plan as it exists on the date hereof and as it may be amended, supplemented or modified from time to time or any successor plan.

  • Development Plan has the meaning set forth in Section 3.2.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • Development Plans has the meaning set forth in Section 3.2.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

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

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • LTIP means the Long-Term Incentive Plan of the General Partner, as may be amended, or any equity compensation plan successor thereto.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • PACE program means a program implemented by a municipality to stimulate energy efficiency and renewable energy projects in conformity with Act 270.

  • Alternative program means a non-disciplinary monitoring or practice remediation process approved by a physical therapy licensing board. This includes, but is not limited to, substance abuse issues.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.