Examples of Phantom Share Plan in a sentence
Outside Directors’ Phantom Share Plan (incorporated by reference to Exhibit 10.14 to the Form 10-K for the year ended December 31, 2002 filed by EnPro Industries, Inc.
In CEB’s Phantom Share Plan the terms and conditions for the granting of Phantom Shares to Identified Staff are laid down.
Phantom Share PlanOverview: A Phantom Share Plan is an account-balance plan that measures return on equity measured by reference to shares of company stock.
The most commons are:Sale of the company or other change in control Executive reaching retirement at age 65 or older Death or permanent disabilityTermination of employment without cause or by the executive for “good reason” Vesting on a certain date; g., five years from execution of the agreementValue of the Benefit: Once a triggering event occurs, the amount of the payout per a Phantom Share Plan is usually based on the per-share value of the company.
Phantom Share Plan In CEB’s Phantom Share Plan the terms and conditions for the granting of Phantom Shares to Identified Staff are laid down.
Phantom Share Plan� Overview: A Phantom Share Plan is an account-balance plan that measures return on equity measured by reference to shares of company stock.
The SARs relating to MAXXAM common stock set forth in the above table for Mr. La Duc were granted under MAXXAM's 1984 Phantom Share Plan (the "MAXXAM Phantom Plan").
The Quantum Foods Holdings Limited Equity Settled Phantom Share Plan is intended as an incentive to selected Employees to promote the continued growth of the Company and/or its Subsidiaries.
When they leave the board, these directors will receive cash in an amount equal to the value of the phantom shares awarded under the Outside Directors’ Phantom Share Plan.
The most commons are:� Sale of the company or other change in control� Executive reaching retirement at age 65 or older� Death or permanent disability� Termination of employment without cause or by the executive for “good reason”� Vesting on a certain date; g., five years from execution of the agreement� Value of the Benefit: Once a triggering event occurs, the amount of the payout per a Phantom Share Plan is usually based on the per-share value of the company.