Short Term Incentive Plan definition

Short Term Incentive Plan means any Company’s annual short term cash bonus plan in which Executive participates, as in effect and as amended from time to time.

Short Term Incentive Plan means the FY2023 short-term incentive plan for LCI’s employees in existence as of the effective date of the Restructuring Support Agreement, as amended by the CEO STI Side Letter Agreement.

Short Term Incentive Plan means the Company's Management Incentive Plan, together with other incentive compensation plans specifically approved for this purpose by the Committee.

Examples of Short Term Incentive Plan in a sentence

• The rules and administration and payout formula of the Company’s Short Term Incentive Plan will apply to this Incentive Plan.

• In connection with the foregoing, under the terms of the Bank’s Executive Short Term Incentive Plan (the “ESTIP”), annual cash bonuses can be awarded to the Executive in an amount equal to up to 200% of the Executive’s Base Salary as in effect at the start of the ESTIP’s plan year to which the bonus relates.

• If a bonus is payable under the Short Term Incentive Plan to the Maker in a year, fifty percent of the after tax proceeds of such bonus calculated at the highest marginal tax rate applicable to the Maker is due.

• In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year during the Employment Period, an annual cash bonus (the "Annual Bonus"; which shall include, without limitation, any other annual cash bonus plan or program provided to Executive such as the Short Term Incentive Plan or any other similar plan, but shall not include any cash sign-on, relocation, retention or other special bonus or payments.

• Executive may be eligible to be receive an annual Short Term Incentive Plan bonus subject to the terms of the STIP as determined by the Board of Directors or compensation committee thereof in its sole discretion.

More Definitions of Short Term Incentive Plan

Short Term Incentive Plan means the Corporation's Short Term Incentive Plan and any other executive cash bonus or incentive plan of the Corporation, in each case as constituted and administered at the Effective Date;

Short Term Incentive Plan means the Plans listed on Exhibit C of this Agreement.

Short Term Incentive Plan means any bonus or incentive compensation plan, policy, program or other arrangement pursuant to which awards payable in cash are made to a Participant in respect of an award period of one year or less.

Short Term Incentive Plan means the Company’s Short Term Incentive Plan in effect as of the Effective Date and all amendments, modifications, and successors thereto.

Short Term Incentive Plan means the Pacific Telesis Group Short Term Incentive Plan and its predecessor plan.

Short Term Incentive Plan means the Xxxx Foods 2012 Short-Term Incentive Compensation Plan, as the plan is amended from time to time.

Short Term Incentive Plan means any short-term compensation, bonus, or incentive compensation programs to be established or maintained by Certegy pursuant to Section 2.03.