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.
SECURITY BASED PAYMENTS GPT currently has four employee security schemes – the General Employee Security Ownership Plan (GESOP), the Broad Based Employee Security Ownership Plan (BBESOP), the Deferred Short Term Incentive Plan (DSTI) and the Long Term Incentive (LTI) Scheme.
Unless otherwise specified in this article, the rules and administration of the Company’s Short Term Incentive Plan will apply to this Incentive Plan.
Share incentives are provided under the Short and Long Term Incentive Plans.The Short Term Incentive Plan is settled in shares, but based on a cash amount.
The short term reward is determined by the Group’s Short Term Incentive Plan (STIP).