Management Equity Incentive Plan definition

Management Equity Incentive Plan means the management equity incentive plan to be adopted by the New Board(s) on the Effective Date, the form of which shall be included in the Plan Supplement and, solely for the New Board of the REIT, shall be in form and substance reasonably acceptable to the Requisite Consenting Bond Creditors, including as to the amount of New Interests to be set aside for the Management Equity Incentive Plan, which shall be determined by the Debtors prior to the Confirmation Hearing.

Management Equity Incentive Plan means the post-Effective Date management equity incentive program as set forth in Exhibit G attached hereto.

Management Equity Incentive Plan means the management equity incentive plan to be implemented on the Effective Date, the form of which shall be included in the Plan Supplement and shall be satisfactory in form and substance to the Ad Hoc 8.625% Noteholders and JPMorgan Noteholders, pursuant to which 10% of the fully-diluted and fully-distributed New Common Equity shall be reserved for issuance to certain management employees pursuant to the Plan.

Examples of Management Equity Incentive Plan in a sentence

• On the Effective Date, the Debtors shall adopt the Management Equity Incentive Plan.

• Executive represents and certifies that Executive has carefully reviewed the Company's 2003 Management Equity Incentive Plan (the "Equity Incentive Plan"), a copy of which is attached as Exhibit C hereto and is entering into this Agreement in reliance upon the terms thereof.

• The Executive acknowledges and agrees that the terms of the grant of an award pursuant to the Management Equity Incentive Plan shall be governed exclusively by the terms of such plan and award agreement, including, without limitation, the vesting provisions thereof.

• The Management Equity Incentive Plan will provide for the issuance to management upon the Effective Date of 2% of the fully-diluted New Common Equity of the Reorganized Debtors in the form of stock options, exercisable at Plan value, and will vest and become exercisable in annual installments, as determined by the New Board over a period that will not exceed four years.

• As a participant in the Management Equity Incentive Plan, the Employee will be eligible to receive options, which shall vest over a period of time from the date of each option's issue, to purchase common shares of the Company.

More Definitions of Management Equity Incentive Plan

Management Equity Incentive Plan means the post-Effective Date management equity incentive plan implemented and approved by the Reorganized Hertz Parent Board in accordance with the MIP Term Sheet.

Management Equity Incentive Plan means that certain post-Effective Date management equity incentive plan to be implemented by the New Board of Reorganized GSE Environmental, Inc.

Management Equity Incentive Plan means the management equity incentive plan to be implemented on the Effective Date, the form of which shall be included in the Plan Supplement and shall be reasonably satisfactory in form and substance to the Senior Secured Notes Steering Committee, pursuant to which (a) 10% of the fully-diluted New Common Equity shall be reserved for issuance to certain management employees and (b) pursuant to which an additional 1% of fully-diluted New Common Equity will be distributed to certain management employees upon a non-affiliate change of control event pursuant to the Plan.

Management Equity Incentive Plan means the post-Effective Date management equity incentive plan, the terms and conditions of which (including with respect to emergence allocations) shall be filed with the Plan Supplement and be reasonably acceptable to the Requisite Consenting Creditors and the Debtors.

Management Equity Incentive Plan means that certain post-Effective Date management equity incentive plan, the form of which shall be included in the Plan Supplement and shall be established and adopted by the New Board of Wellman Holdings, and shall consist of grants of equity, restricted stock, or options in an amount up to 10% of the New Common Stock, or its equivalent (including, without limitation, synthetic or phantom instruments), as of the Effective Date. The terms of the Management Equity Incentive Plan shall be set forth in the Plan Supplement and be subject to the approval of the New Board of Wellman Holdings.

Management Equity Incentive Plan means the management equity incentive plan to be either

Management Equity Incentive Plan means the Company’s 2009 Management Phantom Equity Plan, as amended, from time to time.