Incentive Security
Incentive Security. Means a Unit awarded by the Committee hereunder, constituting a "Unit" under the Operating Agreement, which is subject to forfeiture until it becomes vested, as described in this Plan and the Participant's Equity Grant Agreement, the Securityholders' Agreement and the Operating Agreement, and which is an "Incentive Security" as separately defined in the Securityholders' Agreement.
All Definitions
Found in
MacDermid Group Inc. contract