Examples of STI Plan in a sentence
From a governance perspective, all performance measures under the STI Plan must be clearly defined and measurable.
Under the STI Plan, the Board has discretion to adjust STI Plan outcomes based on the achievements which are consistent with the Group’s strategic priorities and, in the opinion of the Board, enhance shareholder value.
The Board approves STI Plan payments for the Chief Executive Officer and Senior Executives.
Participation in the STI Plan is at the discretion of the Board of Directors on the recommendation of the People, Culture and Governance Committee.
Those policies relate not only to the overall level of remuneration, but to the structure of our remuneration packages which include a 3 year deferral of vesting of awards granted under the STI Plan and the 5 year period required for full vesting of awards under the LTI Plan.