Management Incentive Scheme definition

Management Incentive Scheme means a contractual obligation of any member of the LuxCo1 Group to pay compensation to any manager of the LuxCo1 Group where the compensation payable is calculated by reference to the appreciation in value of the equity and shareholder debt invested in the LuxCo1 Group. For the avoidance of doubt, any securities issued to, or any rights to acquire securities held by, any manager and consultancy or other analogous fees payable to any manager do not fall within the scope of this term;
Sample 1Sample 2Sample 3
Management Incentive Scheme means the management incentive scheme for the management and certain other employees of the Group (as amended from time to time).
Sample 1Sample 2Sample 3
Management Incentive Scheme the bonus scheme put in place by the Board of Directors of Coda Octopus Group, Inc. which is intended to incentivise the management to perform the Group’s annual business plan and under which a bonus (Stock Grants or Cash ) is payable for the achievement of certain performance milestones.
Sample 1Sample 2

Examples of Management Incentive Scheme in a sentence

  • On 13 October 2016, the Group implemented an Enterprise Management Incentive Scheme followed by a NED and Consultant Share Option Scheme (The Scheme).

  • Demand Management Incentive Scheme and Demand Management Innovation Allowance – Rule Change Request, February 2019, p.

  • The Group operates three share option incentive plans – an Enterprise Management Incentive Scheme, a Global Share Option Plan and an ISO Sub Plan - in order to attract and retain key staff.

  • The adoption of the New Taptica Management Incentive Scheme will be inter-conditional with the Offer completing and is subject to a vote by Taptica Shareholders at the Taptica General Meeting.

  • Resolution 2:l To adopt the New Taptica Management Incentive Scheme, including an increase of the available pool of Taptica’s 2017 Equity Incentive Plan by 11,772,932 Taptica Shares as part of the New Taptica Management Incentive Scheme.

  • The New Taptica Management Incentive Scheme is in addition to Taptica’s existing equity incentive plans and RhythmOne’s existing equity incentive plans.

  • The Enlarged Group’s remuneration committee 24.10,App 7,15will decide on the final allocation of New Awards pursuant to the New Taptica Management Incentive Scheme to key management and staff of the Enlarged Group.Ofer Druker, who is intended to serve as Chief Executive Officer of the Enlarged Group, will be receiving 5,758,082 New Awards, which equates to 48.91 per cent.

  • In addition, certain share options originally issued over shares in Midatech Ltd under the Midatech Limited 2008 unapproved share option scheme or Midatech Limited 2013 approved Enterprise Incentive scheme were reissued in 2015 over shares in Midatech Pharma plc under the 2014 Midatech Pharma plc Enterprise Management Incentive Scheme.

  • Share Options The Group has issued options over ordinary shares under the 2014 Midatech Pharma plc Enterprise Management Incentive Scheme, the Midatech Pharma plc 2016 U.S. Option Plan, which is a sub-plan of the approved UK plan, and unapproved share options awarded to non-UK or non-US staff.

  • Options have been granted to certain directors and employees to subscribe for 1,390,000 ordinary shares of 5p each at a price of between 12.3p and 13.1p per share under the Belgravium Technologies plc Enterprise Management Incentive Scheme.


More Definitions of Management Incentive Scheme

Management Incentive Scheme means the schemes, plans or arrangements pursuant to which employees and/or non-employee directors of the Group are granted and hold either shares or options to acquire shares in the Company or any of its subsidiaries as such scheme may be amended from time to time and any successor or replacement share purchase or option schemes from time to time adopted by the Group for the benefit of its employees and/or non-employee directors;
Sample 1Sample 2
Management Incentive Scheme means the programme to be established by the Company pursuant to Clause 4.5
Sample 1
Management Incentive Scheme means the management incentive schemes of Valentia Holdings Limited relating to the grant of options to acquire shares in Valentia Holdings Limited to executives and senior managers of eircom, substantially in the form initialled by the Facility Agent on or prior to the date of this Agreement.
Sample 1

Related to Management Incentive Scheme

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Economic development incentive means a financial incentive,

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Uniform Grant Management Standards or “UGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • 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.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

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

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Share Incentive Plan means any one of the foregoing plans.

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • 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.

  • Exit Management means the obligations and rights of the Parties to ensure a smooth transition of the Framework from the Contractor to the Authority or any Replacement Contractor as set out in Clause 44 (Exit Management) and Schedule 8 (Exit Management).

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Texas Grant Management Standards or “TxGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas Government Code, to promote the efficient use of public funds in local government and in programs requiring cooperation among local, state, and federal agencies. Under this Grant Agreement, TxGMS applies to Grantee except as otherwise provided by applicable law or directed by System Agency. Additionally, except as otherwise provided by applicable law, in the event of a conflict between TxGMS and applicable federal or state law, federal law prevails over state law and state law prevails over TxGMS.

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.