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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  • LTIP — is short for Long Term Incentive Plan a type of executive compensation that typically comes in the form of performance shares or matching shares of the company. These plans were used heavily since Regulation 162(m) passed, which made performance… …   Wikipedia

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  • ltip — laughting until I puke …   Glossary of chat acronyms & text shorthand

  • LTIP — abbr. Long Term Incentive Plan …   Dictionary of abbreviations

  • 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

  • Share Incentive Plan — The Share Incentive Plan (the ‘SIP’) was first introduced in the UK in 2000. SIP s are an HMRC (Her Majesty s Revenue Customs) approved, tax efficient all employee plan, which provides companies with the flexibility to tailor the plan to meet… …   Wikipedia

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