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 cover 10% of the fully-diluted shares of New Common Equity in the Reorganized Debtors.

• On the Effective Date, the Management Equity Incentive Plan will provide for the issuance of 4% of the fully-diluted New Common Equity of the Reorganized Debtors, which will vest in four equal annual installments on each of the first four anniversaries of the Effective Date.

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 Caesars Entertainment Corporation Management Equity Incentive Plan, as adopted by the Company, as it may be amended, supplemented, restated or otherwise modified from time to time.

Management Equity Incentive Plan means that certain compensation program consisting of grants of equity, restricted stock or options in an amount of up to 10% of the capital stock of New Dura, the terms of which program are to be determined by the New Board or any compensation committee thereof as soon as reasonably practicable after the Effective Date.

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.

Management Equity Incentive Plan means the post-Effective Date management equity incentive plan, which shall provide for, among other things, 6% of Reorganized HoldCo Common Stock, or other Interests in Reorganized HoldCo, on a fully diluted basis, to be reserved for directors, officers, and employees of the Reorganized Debtors, with awards and terms and conditions thereunder determined by the Reorganized HoldCo Board, except as otherwise set forth in the Executive Employment Agreement, the terms of which shall be filed with the Plan Supplement and shall be acceptable to the Requisite First Lien Creditors, and, solely with respect to increases in the amount of Reorganized HoldCo Common Stock to be distributed, shall be reasonably acceptable to the Requisite Crossover Creditors.