Management Incentive Compensation Plan means (i) that certain HVM Management Incentive Plan and (ii) those certain grant agreements to be issued pursuant to the Management Incentive Plan described in clause (i) to the participant relating to the grant of class B units (the terms of which are described in that certain ESA Incentive Plan Term Sheet dated as of the date hereof).
Management Incentive Compensation Plan means the Intermec, Inc. Management Incentive Compensation Plan (effective for the 1999 fiscal year and thereafter) and any predecessor or successor plans which provide for the grant of annual cash bonuses or other short-term cash incentive awards during the last three full fiscal years prior to the Change of Control Date.
Management Incentive Compensation Plan means the Intermec, Inc. Management Incentive Compensation Plan (effective for the Company’s 1999 fiscal year and thereafter) and any predecessor or successor plans which provide for the grant of annual cash bonuses or other short-term cash incentives during the Company’s last three fiscal years prior to the Date of Termination.
Examples of Management Incentive Compensation Plan in a sentence
In addition, Parent shall cause the Surviving Corporation to continue in effect the awards made under the Company’s Management Incentive Compensation Plan, as well as all existing commission plans or arrangements, through the end of fiscal 2025 (plus any period that is necessary thereafter to calculate and pay amounts owed thereunder) without change.
More Definitions of Management Incentive Compensation Plan
Management Incentive Compensation Plan. The Executive shall be entitled to participate in the Company's Management Incentive Compensation Plan (the "Incentive Plan") to the extent provided in, and subject to the conditions and any terms and limitations of, the Incentive Plan, and, subject to the discretion of the Board, any stock option plan ("Stock Plan") currently in effect or hereafter adopted by the Company which is applicable to employees or executive employees generally to the extent provided in, and subject to the conditions and any terms and limitations of, such Stock Plan; provided, however, that nothing in this Agreement shall require the Company to maintain or continue the Incentive Plan or any Stock Plan and nothing in this Agreement shall restrict the right of the Company to amend, modify or terminate the Incentive Plan or any Stock Plan.
Management Incentive Compensation Plan means compensation paid annually to a Participant as an Employee under the Western Digital Corporation Management Incentive Plan.
Management Incentive Compensation Plan means the Company's annual management incentive bonus program.
Management Incentive Compensation Plan means the Xxxxxxxxx Companies, Inc. Management Incentive Compensation Plan.
Management Incentive Compensation Plan means that certain incentive compensation program for the benefit of employees of the Borrower to be funded by contributions from CBD Investor or its Affiliates (other than the Borrower or its Subsidiaries).
Management Incentive Compensation Plan. (the "Plan") is designed to offer incentive compensation to key employees ("Associates") by rewarding the achievement of corporate goals, specifically measured individual goals that are consistent with and support the overall corporate goals. The Management Incentive Compensation Plan will create an environment which will focus key Associates on the achievement of objectives. Since cooperation between departments and Associates will be required to achieve corporate objectives which will represent a significant portion of the Compensation Plan, the Plan should help xxxxxx improved teamwork and a more cohesive management team. The Company reserves the right to revise or discontinue the Plan at any time. Key Associates (as hereinafter defined) who may be eligible to participate in the plan shall be selected at the sole discretion of the Company. PURPOSE OF THE PLAN The E-dentist Management Incentive Compensation Plan (the "Plan") is designed to: o Provide an incentive program to achieve overall corporate objectives and to enhance shareholder value o Reward those individuals who significantly impact corporate results o Encourage increased teamwork among all disciplines within the Company o Incorporate an incentive program in E-dentist's overall compensation program to help attract and retain key Associates PLAN GOVERNANCE The Plan will be governed by the Compensation Committee of the Board of Directors. The President and CEO will be responsible for administration of the Plan. The Compensation Committee will be responsible for approving any incentive awards to the President and CEO. CORPORATE AND INDIVIDUAL PERFORMANCE Prior to the beginning of the Plan year, the President and CEO will present to the Board a list of overall corporate objectives for the coming year, which are subject to approval by the Board. All participants in the Plan will then develop a list of key individual objectives which will be approved by the responsible Vice President and by the President and CEO. The Plan will call for incentive awards based on the achievement of annual corporate and individual objectives that have been approved as indicated above. The relative weight between corporate and individual performance factors will vary based on levels within the organization. The weighing will be reviewed annually and be adjusted as necessary or appropriate. The weighing for the year 2000 will be as follows: CORPORATE INDIVIDUAL --------- ---------- President and CEO 100% Senior Vice Pres...
Management Incentive Compensation Plan means that certain incentive compensation plan adopted by the Company prior to the date hereof to compensate certain employees and a consultant of the Company in the event of a sale or acquisition of the Company.