MIP definition

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

MIP shall have the meaning set forth in Section 4(b) below.

MIP means the Company's Management Incentive Plan providing annual cash bonus awards to participating employees based upon predetermined goals and objectives.

Examples of MIP in a sentence

• TSI shall provide monitoring, support and maintenance for all items installed and integrated as part of the MIP.

• Capitalized terms used but not otherwise defined in this MIP Term Sheet shall have the meanings ascribed to them in the Transaction Term Sheet to which this MIP Term Sheet is annexed.

• In the DECAL sensor, which is designed and fabricated in the same process as the OVERMOS demonstrator, the collection node from the analogue pixel is illuminated with a laser with a wavelength of 1064 nm and a maximum pulse frequency of 50 Hz. The laser beam focal spot size is 10x10 μm2, the absolute laser intensity is calibrated and the injected charge is similar to that expected for a MIP.

• No Subsidiary (other than the obligations of AX V Nissens II in respect of the MIP Warrants) has any obligation to purchase, redeem or otherwise acquire any equity security or interest therein or to pay any dividend or make any distribution in respect thereof.

• Except for the Company’s call options and drag-along rights and the MIP Participants’ corresponding put options and tag-along rights with respect to the MIP Shares under the shareholders’ agreements entered into between the Company and the respective MIP Participants, the Company does not have any obligation to purchase, redeem or otherwise acquire any equity securities or interest therein or to pay any dividend or make any distribution in respect thereof.

More Definitions of MIP

MIP means the Virtu Financial LLC Management Incentive Plan, as the same may be amended from time to time.

MIP shall have the meaning set forth in Section 5 below.

MIP means the Company's Management Incentive Plan, as the same may be amended from time to time, or any successor plan.

MIP means the Management Incentive Plan of the Company.

MIP means the new management incentive plan to be adopted by the Reorganized Company on the terms and conditions set forth in the Plan Term Sheet.

MIP means the McKesson Corporation Management Incentive Plan.

MIP means a post-emergence management incentive plan to be implemented by the board of the Company after the Effective Date as further described in the Plan.