SIP Plan definition

SIP Plan means a tax-advantaged all employee share plan which meets the requirements of Schedule 2 of ITEPA 2003 and under which shares are held by a trustee on your behalf;
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SIP Plan means the Solutia Inc. Savings and Investment Plan, dated September 1, 1997, as amended and restated from time to time.
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SIP Plan means the Monsanto Company Savings and Investment Plan, as amended and restated from time to time, or any successor thereto.
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Examples of SIP Plan in a sentence

  • The Lessor is required to cooperate, participate and comply with the development and implementation of the Government’s Occupant Emergency Plan (OEP) and a supplemental Shelter-in Place (SIP) Plan.

  • The Lessor is required to cooperate, participate and comply with the development and implementation of the Government’s Occupant Emergency Plan (OEP) and if necessary, a supplemental Shelter-in Place (SIP) Plan.

  • The pro rata amount shall be determined as provided in the applicable SIP Plan.

  • An Eligible Executive who receives an Alternate SIP Award may not receive a SIP Award under the SIP Plan for the same quarter or any subsequent quarter under any circumstances.

  • In no event may the Eligible Executive receive an Alternate AIP Award or Alternate SIP Award and either an actual AIP Plan award or an actual SIP Plan award for the same performance period, as the case may be.

  • The Executive Director - Human Resources, may, upon receipt of a Principal-Initiated Request for Transfer, transfer a member for the following reason: refusal by a member to teach any curriculum adopted at the building level by the Building Leadership Team, or refusal to implement the strategies in the SIP Plan outlined in Section 3.05(S) of this Agreement, including those programs adopted under Section 3.41 herein.

  • Alternate Quarterly or Monthly SIP Awards shall be paid at the same time as payment would be made under the SIP Plan for the applicable performance period if the Eligible Executive had remained an employee and Alternate Annual SIP Awards shall be paid on the Alternate AIP Award Payment Date.

  • This SIP Plan is an HMRC approved Plan for UK tax-paying employees.

  • The purpose of the ESPP is to: (i) provide U.S. employees the opportunity to purchase ordinary shares or ADSs at 85% of the fair market value of the ADSs on the offering date or the exercise date, whichever is lower, and (ii) provide UK-based employees with ordinary shares or ADSs under the SIP Plan as further discussed below.

  • Alternatively, an Eligible Executive who receives a SIP Award under the SIP Plan may not receive an Alternate SIP Award under this 2011 ESP for the same quarter or any subsequent quarter under any circumstances.


More Definitions of SIP Plan

SIP Plan means the share incentive plan of the Company;
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Related to SIP Plan

  • Plan means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA) established by the Borrower or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate.

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.