long term incentive plan
An arrangement under which an employee (usually a senior executive of the company) can be awarded shares in the company at nil cost subject to a period of continued employment and the attainment of a corporate performance target over a period of more than one year (typically three years).
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • long-term incentive plan — (LTIP) An arrangement under which an employee (usually a senior executive of the company) can be awarded shares in the company at nil cost subject to a period of continued employment and the attainment of a corporate performance target over a… …   Law dictionary

  • Long-Term Incentive Plan - LTIP — A reward system designed to improve employees long term performance by providing rewards that may not be tied to the company s share price. In a typical LTIP, the employee (usually an executive) must fulfill various conditions and/or requirements …   Investment dictionary

  • Long Term Incentive — Ein Long Term Incentive Plan (LTI Plan) ist ein betriebswirtschaftliches Programm zur Schaffung langanhaltender Leistungsanreize für Führungspersonal und besonders begabte bzw. leistungsmotivierte Mitarbeiter. Es handelt sich dabei um ein –… …   Deutsch Wikipedia

  • long-term — adj. Long term is used with these nouns: ↑aim, ↑answer, ↑arrangement, ↑benefit, ↑bond, ↑boyfriend, ↑care, ↑change, ↑commitment, ↑complication, ↑confinement, ↑ …   Collocations dictionary

  • incentive stock option — see option 3 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. incentive stock option …   Law dictionary

  • Incentive stock option — Incentive stock options (ISO s), are a type of employee stock option that can be granted only to employees and confer a U.S. tax benefit. ISO s are also sometimes referred to as incentive share options or Qualified Stock Options.The tax benefit… …   Wikipedia

  • Incentive — For the video game developer and publisher, see Incentive Software. For the independent record label, see Incentive Records. In economics and sociology, an incentive is any factor (financial or non financial) that enables or motivates a… …   Wikipedia

  • incentive — noun ADJECTIVE ▪ big, generous, good, great, huge, massive (esp. BrE) ▪ powerful, strong ▪ adequate …   Collocations dictionary

  • performance share plan — (PSP) Sometimes known as a long term incentive plan or LTIP. A type of long term incentive in which participants are allocated shares or rights to shares, the vesting of which is subject to the satisfaction of performance targets typically… …   Law dictionary

  • employee share ownership plan — (ESOP) A discretionary trust, normally for the benefit of employees, ex employees and dependants. Used to supply shares on the exercise of share options as an alternative to issuing new shares. Also used in conjunction with long term incentive… …   Law dictionary

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