Phantom Plan definition

Phantom Plan means the Rexam Inc. 2007 Phantom Stock Plan;
Phantom Plan means the practice within Allied Minds plc of paying to executives 10% of gains arising from any successful individual investment independent of the scale of losses incurred on other investments;
Phantom Plan means the Amended and Restated AVSC Holding Corp. Phantom Unit Appreciation Plan, as such plan may be amended prior to the Closing Date.

Examples of Phantom Plan in a sentence

  • Except in certain circumstances described in the Phantom Plan, the accrued Unit Benefits Value of a tranche is paid to the recipient at the end of the third year of the respective tranche.

  • The purpose of the Phantom Plan is to provide an incentive to retain applicable senior officers of Elbit Systems and certain of our subsidiaries by strengthening the alignment of the Phantom Plan recipients’ financial interests with those of the Company and our shareholders.

  • The benefits received under the Phantom Plan are subject to tax at the regular personal income tax rates.

  • In 2012, our Board approved a “Phantom” Bonus Retention Plan for Senior Officers (the Phantom Plan).

  • Because of certain conditions in the Phantom Plan, the Unit Benefits Value for a particular year of a tranche may be zero or only part of the calculated Unit Benefits Value for that year.


More Definitions of Phantom Plan

Phantom Plan means the Fluence Energy, LLC Phantom Equity Incentive Plan. “Pro-Rata Bonus” means the Participant’s Target Bonus for the year in which theSeparation From Service occurs, multiplied by a fraction, the numerator of which is the number ofdays during such year that the Participant was employed by the Employer and the denominator which is 365 (or 366 as the case may be).
Phantom Plan means the Viper Holdings Corporation Amended and Restated Management Phantom Plan (as amended and in effect).
Phantom Plan means the Bioventus LLC Phantom Profits Interests Plan.
Phantom Plan means the CPA Global Employee Phantom Share Plan adopted by the UK Seller on 27 February 2019.
Phantom Plan means the employee phantom share unit plan dated November 10, 2020;
Phantom Plan is defined in Section 3.3(b).
Phantom Plan means the Target Employee Phantom Share Plan established January 1, 1998, as amended;