SpinCo Equity Plan definition

SpinCo Equity Plan means the equity compensation plan to be adopted by SpinCo in accordance with Section 5.6.

SpinCo Equity Plan means the Spinco 2020 Stock Incentive Plan.

SpinCo Equity Plan means the Yum China Holdings, Inc. Long Term Incentive Plan.

Examples of SpinCo Equity Plan in a sentence

• The Parties hereby acknowledge that nothing in this Article V shall be construed to require SpinCo or any of its Affiliates to continue the SpinCo Equity Plan or the ARP Equity Plan after the Effective Time.

• The Parties agree that SpinCo reserves the right, in its sole discretion, to amend or terminate the SpinCo Equity Plan or the ARP Equity Plan at any time following its establishment in accordance with its terms and applicable Law.

• Prior to the Effective Time, the SpinCo Equity Plan shall be established in accordance with Section 5.6 to implement the provisions of this Section 5.2.

• SpinCo agrees to file the appropriate registration statements with respect to, and to cause to be registered pursuant to the Securities Act, the SpinCo Shares authorized for issuance under the SpinCo Equity Plan, as required pursuant to the Securities Act, at or promptly following the Effective Time.

• Before the Effective Time, the SpinCo Equity Plan shall be established, with such terms as are necessary to permit the implementation of the provisions of this Article IV.

More Definitions of SpinCo Equity Plan

SpinCo Equity Plan means the equity incentive compensation plan or arrangement that governs the terms of equity-based incentive awards assumed by the SpinCo Group in connection with this Agreement and any sub-plans established under those programs.

SpinCo Equity Plan has the meaning ascribed thereto in Section 5.2 of this Agreement.

SpinCo Equity Plan means the SpinCo 2023 Long-Term Performance-Based Incentive Plan, as established by SpinCo as of the Effective Time pursuant to Section 2.03(a) and Section 4.01.

SpinCo Equity Plan shall have the meaning set forth in Section 4.12.

SpinCo Equity Plan has the meaning set forth in Section 8.04 hereto.

SpinCo Equity Plan means the equity and incentive plan adopted by SpinCo and approved by RemainCo, as sole shareholder of SpinCo prior to the Distribution under which the SpinCo stock-based awards described in Article III shall be issued.

SpinCo Equity Plan means the plan adopted by SpinCo prior to the Distribution Date and approved by NOV, as sole shareholder of SpinCo, under which the SpinCo equity-based awards in Article IV shall be issued.