What is long term performance plan?

Long-Term Performance Plan means a cash incentive plan administered by the compensation committee of the Company's board of directors which provides for cash payments to key employees contingent upon the attainment of multi-year performance goals.

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Management Long Term Incentive Compensation Plan of of SCEcorp

King Washington Management Long Term Incentive Compensation Plan of of SCEcorp

Name: King Washington Management Long Term Incentive Compensation Plan of of SCEcorp
Brand: US Legal Forms
Rating: 4.57 (405 reviews)

Category:

Corporations - Public - Incentive Compensation Plans

State:

Multi-State

County:

King

Control #:

US-CC-18-268B

Format:

Instant download

Description

18-268B 18-268B . . . Management Long Term Incentive Compensation Plan under which compensation committee can grant (i) stock appreciation equivalents (hypothetical stock "units" which are granted to participant and upon which value of any incentive award is calculated), (ii) dividend equivalents (which represent value of dividends per share paid by corporation, calculated upon stock or stock units held by participant and which, if objectives set by committee are met, are paid to participant), (iii) Non-qualified Stock Options, (iv) incentive stock options, (v) restricted stock, (vi) stock appreciation rights, and (vii) performance awards

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FAQ

An example of a long-term incentive could be a cash plan, equity plan or share plan. A long-term incentive plan can typically run between three years and five years before the full benefit of the incentive is received by the employee.

term incentive plan (LTIP) incentivizes employees to take actions that will maximize shareholder value and promote longterm growth for the organization. In a standard LTIP, the employee, who is normally a senior executive, is required to meet a number of criteria to receive the incentive.

Long-Term Performance Plan means a cash incentive plan administered by the compensation committee of the Company's board of directors which provides for cash payments to key employees contingent upon the attainment of multi-year performance goals.

term incentive plan (LTIP) is a company policy that rewards employees for reaching specific goals that lead to increased shareholder value.

(the Company) Management Incentive Compensation Plan (the Plan) is to reward certain of its key members of management for achieving short and long term goals established by the Company and attracting and rewarding such persons who contribute to the Company's success.

Long-term incentives include stock-options and stock purchase plans.

Here are some incentive examples that have been proven to engage and motivate employees over the long haul. Recognition and rewards.Referral programs.Professional development.Profit sharing.Health and wellness.Tuition reimbursement.Bonuses and raises.Fun gifts.

Long-Term Incentives (LTIs) are a form of variable compensation that is earned in the present but whose payment is deferred and spread over time. This can be cash compensation but often is in the form of stock or stock options.

LTI Awards means all long-term incentive awards (other than Stock Rights) granted to Employee by the Company or its subsidiaries under a Long Term Incentive Plan or otherwise that are outstanding immediately prior to the date of Employee's termination of employment.

King Washington Management Long Term Incentive Compensation Plan of of SCEcorp

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