New LTIP definition

New LTIP means any long-term incentive plan established by the Company (or any parent or affiliate thereof) after the Effective Date, in which the Executive participates as of the date in question.
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New LTIP. If, during the Term, Warner Music Group establishes a new long-term incentive plan or program (a “New LTIP”) for which executives of Warner Music Group at your level are eligible to participate, then Warner Music Group shall, in good faith, offer you the opportunity to participate in such New LTIP in accordance with the terms and conditions of such plan or program.”
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New LTIP shall have the meaning set forth in Section 8.05(a).
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Examples of New LTIP in a sentence

  • The LTIP Bonus shall be governed according to the terms of the LTIP and New LTIP, as applicable.

  • If, during the Term, Warner Music Group establishes a new long-term incentive plan or program (a “New LTIP”) for which executives of Warner Music Group at your level are eligible to participate, then Warner Music Group shall, in good faith, offer you the opportunity to participate in such New LTIP in accordance with the terms and conditions of such plan or program.

  • The Parties acknowledge and agree that neither the consummation of the Separation nor any transaction in connection with the Separation shall be deemed a “change of control,” “change in control,” or term of similar import for purposes of any Benefit Plan, any NCTI Benefit Plan or the New LTIP.

  • Any Restricted Stock Units and New LTIP Awards granted to an Eligible Participant who is an employee pursuant to the Offer will be granted under the Omnibus Plans.

  • The terms of the Restricted Stock Units and New LTIP Awards that will be granted in exchange for tendered Eligible Awards are described fully in Section 9 of this Offer to Exchange.

  • Eligible Participants who are employees or former employees of the Company also will recognize taxable income upon the receipt of shares of Common Stock (or ConocoPhillips Common Stock, after completion of the Merger) in settlement of their Restricted Stock Units or New LTIP Awards received under a Restricted Stock Unit or a New LTIP Award, in an amount equal to the then-value of the shares of Common Stock (or ConocoPhillips Common Stock, after completion of the Merger).

  • From and after the effective date of the New LTIP, the New News Corporation Group shall retain, pay, perform, fulfill and discharge all Liabilities arising out of or relating to awards under the New LTIP.

  • Upon or as soon as reasonably practicable after the Distribution Date and subject to applicable Law, New News Corporation shall prepare and file with the SEC a registration statement on Form S-8 (or another appropriate form) registering under the Securities Act the offering of a number of shares of New News Corporation Common Stock at a minimum equal to the number of shares subject to the New LTIP Awards.

  • The Company is not aware of any license or regulatory permit that appears to be material to its business that might be adversely affected by the Company's exchange of Eligible Awards or the issuance of Restricted Stock Units or New LTIP Awards as contemplated by the Offer, or of any approval or other action by any government or governmental, administrative or regulatory authority or agency, domestic or foreign, that would be required for the exchange of the Eligible Awards as contemplated by the Offer.

  • Each New LTIP Award shall be settled in New News Corporation Common Stock, CDIs over New News Corporation Common Stock or, if applicable, a cash amount that takes into account the fair market value of New News Corporation Common Stock.


More Definitions of New LTIP

New LTIP see definition of "Pro-rata Target LTIP Bonus."
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New LTIP means TMAC’s long-term incentive plan which was approved by TMAC Shareholders on June 20, 2017.
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New LTIP has the meaning set forth in Section 7.20.
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New LTIP means the new long term incentive plan proposed to be adopted by Target at its next Annual General Meeting, which is scheduled for May 2024;
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Related to New LTIP

  • SIP means Session Initiation Protocol.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • 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 Partnership or the General Partner, including the Plan.

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

  • PSU means Public Sector Undertaking

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

  • 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;

  • Notification of Award/Letter of Award means the formal award by the Employer of the Bid incorporating any adjustments or variation to the Bid agreed between the Employer and the Contractor.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).