MIP Participants definition

MIP Participants means those certain management employees entitled to receive MIP Equity pursuant to a grant under the MIP.
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MIP Participants means those persons entitled to the respective portions of the MIP Gross Payout set out on Schedule A to theMIP.
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MIP Participants means any participant in the MIP (including any holding company or other vehicle through which such participant holds its interest in the MIC).
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Examples of MIP Participants in a sentence

  • The initial percentage (and no other terms and conditions) of the Management Incentive Plan allocable to the MIP Participants shall be determined by the Creditors’ Committee and identified in the Plan Supplement, and such initial percentage will be allocated by the New Board within sixty (60) days following the Effective Date.

  • 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.

  • Any ADVANZ PHARMA Shares that are issued to MIP Participants after the Scheme Record Time shall, subject to the Scheme becoming Effective and the proposed amendments to the Articles of Association being approved at the General Meeting, be immediately transferred to Bidco in consideration for payment of the Cash Offer.

  • The number of ADVANZ PHARMA Shares to be issued to the MIP Participants shall be such number as has an aggregate value equal to 7.59 per cent.

  • In addition, certain MIP Participants are entitled to receive a contractual bonus, payable in cash, of such amount as will ensure that the total value he or she receives (taking into account the value of the ADVANZ PHARMA Shares) reflects amendments made to the Management Incentive Plan in 2020, under which the applicable performance thresholds were reduced and the hurdle was reduced to 7 per cent.


More Definitions of MIP Participants

MIP Participants means those individuals that are allocated a percentage of the Acquisition Pool (as defined in the MIP) under the MIP as of immediately prior to the Effective Time.
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MIP Participants has the meaning set forth in Section 6.4(c).
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MIP Participants has the meaning given thereto in paragraph 9 of this Announcement "MIP Resolution" the Resolution to be proposed by Xxxxxxxx at the General Meeting in connection with the approval of the MIP
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MIP Participants means all of the participants in the Management Incentive Plan.
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MIP Participants means the “Participants” as such term is defined in the MIP. “New Collateral Agent” has the meaning ascribed to it in Section 7(c).
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MIP Participants means the “Participants” as such term is defined in the MIP.
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MIP Participants means the participants identified under the MIP and approved by the Company's Board of Directors, as set forth on Schedule 12.01(a).
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