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.
Sample 1Sample 2Sample 3
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.”
Sample 1Sample 2
New LTIP shall have the meaning set forth in Section 8.05(a).
Sample 1Sample 2

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.

  • Participants in the Original LTIP who were not invited to join the New LTIP, or who were invited but chose not to join, remained subject to the Original LTIP and its original vesting schedule.

  • Awards under the New LTIP may be granted in the form of nil or nominal cost options (“Options”) or conditional share awards (“Conditional Awards”).

  • An Award granted under the New LTIP will be personal to the participant and may not be transferred, assigned or charged in any way, except on death.

  • The Committee may develop and approve overseas jurisdiction variants to the New LTIP under the terms of which Awards may be made in such a way as to satisfy or take advantage of securities and tax legislation or exchange controls in such jurisdictions.

  • To ensure the proper execution of the three-year plan, particularly with respect to the manpower resources being committed to such plans, a new LTIP, or New LTIP, upon endorsement of the Executive Compensation Committee, was approved by the Board of Directors to cover the period from January 1, 2007 to December 31, 2009, or the New Performance Cycle.

  • As a result of the establishment of the New LTIP, the Board of Directors also approved the early vesting of the Original LTIP by the end of 2006 for those of its participants who were invited and chose to join the New LTIP.

  • Any plan variants will otherwise be of similar structure and economic intent as the main New LTIP Awards and will count towards the individual and overall Plan limits described above.

  • The vesting of Awards granted under the New LTIP to the Company’s executive directors will be subject to performance conditions set by the Committee.

  • The general shareholders' meeting approves that the shares awarded under the New LTIP can be definitively and fully acquired by the beneficiaries under the New LTIP prior to the end of the third year referred to in Article 520ter of the Belgian Companies Code.


More Definitions of New LTIP

New LTIP see definition of "Pro-rata Target LTIP Bonus."
Sample 1
New LTIP means TMAC’s long-term incentive plan which was approved by TMAC Shareholders on June 20, 2017.
Sample 1
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;
Sample 1
New LTIP has the meaning set forth in Section 7.20.
Sample 1

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.

  • Omnibus Plan means the Hanesbrands Inc. Omnibus Incentive Plan of 2006, as amended from time to time, and any successor plan or plans. The long-term incentive described in this section (“Long-Term Cash Incentive Plan”) includes cash long-term incentives, but does not include stock options, RSUs, or other equity awards. Such amounts shall be payable as provided in section 2(c). Treatment of stock options, RSUs, or other equity awards shall be determined pursuant to the Executive’s award agreement(s). Executive shall not be eligible for any new Annual Incentive Plan grants, Long-Term Cash Incentive Plan grants, or any other grants of stock options, RSUs, or other equity awards under the Omnibus Plan during the Severance Period.

  • 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.

  • RSU Plan means the restricted share unit plan of the Company;

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • EIP means the Company’s 2006 Equity and Incentive Plan, as amended from time to time, or any successor plan.

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

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

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

  • 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.

  • PSU means Public Sector Undertaking

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

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

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

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

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

  • 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;

  • 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.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

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

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to 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 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).