MIP Participant definition

MIP Participant means an individual who is eligible for a payment under the MIP.
Sample 1
MIP Participant means each of Xxxxx Xxxxxx and Xxxxx Xxxxxxxxx. ​
Sample 1
MIP Participant means a Participant (as defined in the Greystone Management Incentive Plan).
Sample 1

Examples of MIP Participant in a sentence

  • Immediately prior to the Scheme Record Time, ADVANZ PHARMA shall issue to the MIP Participant the ADVANZ PHARMA Shares to which he or she is entitled.The Scheme shall apply to any ADVANZ PHARMA Shares that are issued to MIP Participants immediately prior to the Scheme Record Time.

  • In order to exchange their MIPCo Shares, each MIP Participant must then deliver to ADVANZ PHARMA (a) the share certificates relating to their MIPCo Shares; or (b) an indemnity in respect of any missing share certificate in a form acceptable to ADVANZ PHARMA; and (c) an instrument of transfer duly executed in favour of ADVANZ PHARMA to transfer title in their MIPCo Shares to ADVANZ PHARMA.

  • If the New Board elects to terminate a KEIP Participant’s employment without cause prior to: (i) the expiration of sixty (60) days from the Effective Date, and (ii) reaching an agreement with respect to such KEIP Participant’s employment agreement, then such MIP Participant shall be entitled to receive one hundred percent (100%) of their annual base salary as severance.

  • The Company shall have delivered to Parent (i) a consent executed by each MIP Participant with respect to its MIP Consideration which shall include an acknowledgement that such MIP Participant will be receiving both cash and securities in settlement of amounts payable thereunder and that such MIP Participant will not be entitled to any other amounts under the MIP, other than the MIP Consideration, and (ii) evidence of termination of the MIP, effective as of the Effective Time.

  • For the avoidance of doubt, no interest shall accrue on any amounts payable under this Agreement to any Former Securityholder or any MIP Participant.

  • The 2016 MIP provides each 2016 MIP Participant (as defined in paragraph 2 below) with an opportunity to earn a performance-based compensation award for calendar year 2016 (the “2016 Performance Period”), based on the attainment of pre-established performance goals, as set forth below (a “MIP Award”).

  • The maximum payable to any 2015 MIP Participant, regardless of any adjustment referred to in this Section 5, is 200% of Target Percentage.

  • The expressions we used incorporated the multiple scattering effects only partly.

  • The Committee has established the value for each Performance Factor where the 2016 MIP Participant shall earn the Target Percentage.

  • The Committee shall also establish the value for each Performance Factor where the 2013 MIP Participant shall earn the Maximum Percentage (“Maximum”).


More Definitions of MIP Participant

MIP Participant means a Person who is a participant in the MIP.
Sample 1
MIP Participant means executives, senior management, and certain consultants and advisors (excluding non-employee directors) of the Company or any of its Affiliates.
Sample 1

Related to MIP Participant

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participant has the meaning specified in Section 10.06(d).

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.

  • Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Other Participant means a cooperative project participant other than the United States.

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Study Participant means a person recruited to participate in the Study.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Section 16 Participant means a participant under the Plan who is then subject to Section 16 of the Exchange Act.