Incentive Plan. Commencing in 2021 and each year thereafter, Executive shall be eligible to participate in a variable incentive plan (the “Incentive Plan”) # on the same terms and conditions applicable to other similarly situated Ceridian executives, # with a target annual value based on sixty percent (60%) of Executive’s Base Salary. The Incentive Plan compensation payable shall be at the sole discretion of Ceridian HCM. The specific objectives and success criteria of the Incentive Plan shall be established by Ceridian in good faith each year, subject to change from time to time, in its sole discretion. Ceridian shall have the right to alter, amend or discontinue any incentive plans, including the Incentive Plan, or Executive’s participation therein, with or without prior notice and without compensation to Executive, provided the changes are consistent with those affecting other executives at Executive’s same or similar level and the Executive acknowledges and agrees that such changes will not constitute a constructive dismissal of the Executive’s employment. Payment, if any, under the Incentive Plan is at the sole discretion of Ceridian HCM and will only be made if Ceridian’s senior management team, the Board of Directors, compensation committee and/or other required personnel approve the amount to fund the Plan and will be applied consistently to other executives at Executive’s same or similar level.
Incentive Plan. Employee shall be eligible to participate in a variable incentive plan (the “Incentive Plan”), which plan will be pro-rated in 2021 to the Effective Date # on the same terms and conditions applicable to other similarly situated Ceridian employees, # with a target annual value based on sixty percent (60%) of Employee’s Base Salary. The Incentive Plan compensation payable shall be at the sole discretion of Ceridian HCM. The specific objectives and success criteria of the Incentive Plan shall be established by Ceridian each year, subject to change from time to time, in its sole discretion and subject to the plan documents for each element of the Incentive Plan. Ceridian shall have the right to alter, amend or discontinue any incentive plans, including the Incentive Plan, or Employee’s participation therein, with or without prior notice and without compensation to Employee, provided the changes are consistent with those affecting other employees at Employee’s same or similar level and the Employee acknowledges and agrees that such changes will not constitute a constructive dismissal of the Employee’s employment. Payment, if any, under the Incentive Plan is at the sole discretion of Ceridian HCM and will only be made if Ceridian’s senior management team, the Board of Directors, compensation committee and/or other required personnel approve the amount to fund the Plan.
Incentive Plan. “Incentive Plan” shall mean the Methode Electronics, Inc. 2014 Omnibus Incentive Plan or any subsequently adopted equity incentive plan adopted by the Company or its affiliates.
Incentive Plan. For purposes of this Agreement, “Incentive Plan” shall mean the CommScope Holding Company, Inc. Annual Incentive Plan, or any successor annual incentive plan, maintained by Holding or the Corporation.
Equity Incentive Plan. The Option is granted under and subject to the terms and conditions of the Plan, which is incorporated herein and made part hereof by this reference. In the event of a conflict between the terms of the Plan and this Agreement, the terms of the Plan, as interpreted by the Committee, shall govern, except as regards [Section 6(F)] herein. Any dispute regarding the interpretation of this Agreement or the Plan shall be submitted by the Participant or the Company to the Committee for review. The resolution of such dispute by the Committee shall be final and binding on the Participant and the Company.
Transformation Incentive Plan. Madewell will assume the obligations to make payments under the Transformation Incentive Plan to Madewell Service Providers. J.Crew will reimburse Madewell for all amounts paid to Madewell Service Providers pursuant [[Organization B:Organization]] Transformation Incentive Plan (if any), in accordance with the terms of the Transition Services Agreement.
Incentive Compensation Plan. Employee will be entitled to participate in the Company’s Annual Corporate Management/Key Employee Bonus Plan, to the extent applicable to Employee’s position.
Stock Incentive Plan. Employee will be entitled to participate in the Company’s stock incentive plan to the extent applicable to Employee’s position.
Equity Incentive Plan. If, at any time or from time to time, the Managing Member Entity sells or otherwise issues Shares pursuant to any Equity Incentive Plan, the Managing Member Entity shall transfer or cause to be transferred the proceeds of the sale of such Shares, if any, to the Company as an additional Capital Contribution and the Company shall issue to the Managing Member Entity an amount of additional Membership Units equal to the number of Shares so sold or issued divided by the Conversion Factor. If the Company or the Managing Member Entity acquires Shares as a result of the forfeiture of such Shares under any Equity Incentive Plan, then the Managing Member shall cause the Company to cancel, without payment of any consideration to the Managing Member, that number of Membership Units of the appropriate class equal to the number of Shares so acquired, and, if the Company acquired such Shares, it shall transfer such Shares to the Managing Member for cancellation.
Annual Incentive Plan. In the event Executive remains employed in Executive's current role for the entire 2020 calendar year (through and including December 31, 2020), Executive will be eligible for his or her full Annual Incentive Plan ("AIP") or other such target bonus payout on the date such AIP or other such target bonus payments are made to other eligible [[ViewRay:Organization]] employees. Notwithstanding anything to the contrary under this Agreement, in the event Executive resigns his or her employment during the Severance Period or is terminated without Cause, the provisions of [Section 6.2] of his Original Agreement shall govern the payout of Executive’s bonus under this Agreement, in lieu of AIP. In the event Executive is eligible for both a target bonus and AIP, this section only entitles Executive to receive the greater of the two payout amounts.
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