Short Term Incentive Plans definition

Short Term Incentive Plans means collectively, the LBP, the QPB and any other short term incentive compensation plan of State Auto.
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Short Term Incentive Plans means OTIP and any other short term incentive compensation plan of State Auto.
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Short Term Incentive Plans are any bonus or incentive compensation plans, policies, programs or other arrangements that make cash awards to the Executive on the basis of award periods that are no longer than one year.
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Examples of Short Term Incentive Plans in a sentence

  • When immediately preceded by “Tronox,” Short Term Incentive Plans means the plans to be established by Tronox pursuant to Section 2.03 that correspond to the Xxxx-XxXxx 2002 Annual Incentive Compensation Plan and the Xxxx-XxXxx SCORE Compensation Program (effective 2003).

  • The results of the Group Companies over the financial years 2017, 2018 and 2019 were such that no bonuses were due under the respective Tradin Short Term Incentive Plans.

  • Short Term Incentive Plans, when immediately preceded by “Xxxx-XxXxx,” means the Xxxx-XxXxx 2002 Annual Incentive Compensation Plan and the Xxxx-XxXxx SCORE Compensation Program (effective 2003).

  • Employee Benefit Plans, when immediately preceded by “Xxxx-XxXxx,” means the Xxxx-XxXxx Retirement Plan, the Xxxx-XxXxx SIP, the Xxxx-XxXxx Stock Plans, the Xxxx-XxXxx Executive Benefit Plans, the Xxxx-XxXxx Short Term Incentive Plans, the Xxxx-XxXxx Health and Welfare Plans, the Xxxx-XxXxx Other Benefit Programs, and the Xxxx-XxXxx Non-U.S. Benefit Plans.

  • When immediately preceded by “Tronox,” Employee Benefit Plans means the Tronox Retirement Plan, the Tronox SIP, the Tronox Stock Plans, the Tronox Executive Benefit Plans, the Tronox Short Term Incentive Plans, the Tronox Health and Welfare Plans, the Tronox Other Benefit Programs, and the Tronox Non-U.S. Benefit Plans.

  • In addition, Executive shall be entitled to receive the average of the annual aggregate bonus under the Short Term Incentive Plans (or its successors) earned by the Executive in each of the two calendar years immediately preceding the calendar year in which the Termination without Cause occurs and the average of the amount earned under the Long Term Incentive Plans in each of the two calendar years immediately preceding the calendar year in which the Termination without Cause occurs.

  • Seller will pay any amounts that are due and payable to, or otherwise earned by, U.S. Continuing Employees prior to the Closing Date or the Delayed Transfer Date, as applicable, under the Sales Commission Programs and the Short Term Incentive Plans.

  • Commencing with the 1992 ------------------------------------ award for the 1991 performance years under the Short Term Incentive Plans, any portion of an employee's award under any of such plans that is approved in the form of a deferred distribution of shares of Bell Atlantic stock shall automatically be credited in the form of phantom shares to a special share deferral account for the employee (a "Mandatory Share Deferral Account") as described in Section 4(b).

  • Notwithstanding the foregoing, the Potential Annual Award in the event of a Change of Control as defined in Section 2(d)(6) shall mean the average of the annual aggregate bonus under the Short Term Incentive Plans (or its successors) earned by Executive in each of the two calendar years immediately preceding the calendar year in which the Change of Control occurs.

  • The Board of the Parent Company may establish specific threshold performance goals, which the Parent Company the Company and you must achieve before you shall be eligible to earn any bonus under the terms of the Short Term Incentive Plans set out at 10.1, 10.2 and 10.3. The selling of any such performance goals, as well as the determination of the amount of any bonus that is earned by you, shall be determined by the Board of the Parent Company in its sole and absolute discretion.


More Definitions of Short Term Incentive Plans

Short Term Incentive Plans shall be given the meaning used in the Employment Agreement.
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Related to Short Term Incentive Plans

  • Short-Term Payout means the payout set forth in Section 4.1.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • Short-Term Investments means short-term investments as defined by GAAP.

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

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • SIP means Session Initiation Protocol.

  • Short-term employee A person who is employed to perform a service for the District, upon the completion of which the service required or similar services will not be extended or needed on a continuing basis. (Short-term employees include: hourly, casual and temporary classified employees.)

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Short-Term Deferral Period means the period ending on the later of the 15th day of the third month following the end of the Executive’s tax year in which the separation from service occurs and the 15th day of the third month following the end of the Company’s tax year in which the separation from service occurs; and

  • Short Term Loan means a loan transfer for a period of no fewer than 28 days in any one season.

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Omnibus Plan means the Hanesbrands Inc. Omnibus Incentive Plan of 2006, as amended from time to time, and any successor plan or plans. The long-term incentive described in this section (“Long-Term Cash Incentive Plan”) includes cash long-term incentives, but does not include stock options, RSUs, or other equity awards. Such amounts shall be payable as provided in section 2(c). Treatment of stock options, RSUs, or other equity awards shall be determined pursuant to the Executive’s award agreement(s). Executive shall not be eligible for any new Annual Incentive Plan grants, Long-Term Cash Incentive Plan grants, or any other grants of stock options, RSUs, or other equity awards under the Omnibus Plan during the Severance Period.

  • short-term debt means debt repayable over a period not exceeding one year;

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).