Rights Incentive Plan definition

Rights Incentive Plan means the Corporation’s Rights Incentive Plan (prior to January 1, 2011, the Trust Unit Rights Incentive Plan (the “TURIP”)) dated effective June 21, 2001, as amended and restated effective January 1, 2011;
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Rights Incentive Plan means the Corporation's rights incentive plan dated effective June 21, 2001 as amended and restated January 1, 2011, as amended from time to time.
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Examples of Rights Incentive Plan in a sentence

  • The Trust has a Trust Unit Rights Incentive Plan (the “Plan”) whereby the maximum number of trust units issuable pursuant to the plan is a “rolling” maximum equal to 10% of the outstanding trust units plus the number of trust units which may be issued on the exchange of outstanding exchangeable shares.

  • Under the Rights Incentive Plan, distributions per trust unit to Enerplus unitholders in a calendar quarter which represent a return of more than 2.5% of the net PP&E of Enerplus at the end of such calendar quarter may result in a reduction in the exercise price of the rights.

  • The Trust has a Trust Unit Rights Incentive Plan (the “Plan”) whereby the maximum number of trust units issuable pursuant to the Plan is a “rolling” maximum equal to 10.0% of the outstanding trust units plus the number of trust units which may be issued on the exchange of outstanding exchangeable shares.

  • Diluted per-unit calculations include additional trust units for the dilutive impact of rights outstanding pursuant to the Rights Incentive Plan.

  • The maximum term is limited to five years by the Trust Unit Rights Incentive Plan.

  • CES has a Share Rights Incentive Plan for any new issuances effective after January 1, 2010.

  • Effective June 25, 2002, a Trust Units Rights Incentive Plan for external directors of the Fund was established and approved by the Unitholders of Advantage.

  • The Common Share Rights Incentive Plan provides the holder the right to purchase common shares over a five year period.

  • The Company uses the fair value method to account for Share Rights granted to employees, officers, and directors of the Company for grants under the Company’s Share Rights Incentive Plan.

  • Effective September 2, 2003, the Trust established a Trust Unit Rights Incentive Plan (the “Plan”) to replace the stock option plan of the Company.

Related to Rights Incentive Plan

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.