LTIP Award
LTIP Award. An award granted to a Participant entitling such Participant to a cash payment equal to such Participant's Percentage Interest Amount or Lump Sum Amount (determined in accordance with Section 6), on the terms and subject to the conditions set forth in the Plan.
Found in
COVANTA ENERGY CORP contract
LTIP Award. Means the amount payable under the LTIP to a Participant pursuant to the terms of the LTIP.
Found in
NYSE Group, Inc. contract
LTIP Award. Shall mean, with respect to any Key Employee and as to any Performance Period, the number of Common Shares equal to such Key Employee's Target LTIP Award multiplied by the Performance Period Percentage for such Performance Period
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