Long term incentive plan (LTIP): rules | Practical Law

Long term incentive plan (LTIP): rules | Practical Law

Template standard rules for a listed company's long term incentive plan (LTIP), sometimes called a performance share plan (PSP). These rules provide for non tax-advantaged market value options and nil-cost options, conditional shares (restricted share units), forfeitable shares, phantom shares, phantom options and share appreciation rights. It includes schedules to allow the grant of tax-advantaged CSOP options and US incentive stock options (ISOs).

Long term incentive plan (LTIP): rules

Practical Law UK Standard Document 7-594-8305 (Approx. 77 pages)

Long term incentive plan (LTIP): rules

by Practical Law Share Schemes & Incentives with assistance from Graham Rowlands-Hempel, Neil Sharpe of Linklaters, Nicholas Stretch of Stephenson Harwood, and Ian Shaw of Korn Ferry
Maintained • , England, Wales
Template standard rules for a listed company's long term incentive plan (LTIP), sometimes called a performance share plan (PSP). These rules provide for non tax-advantaged market value options and nil-cost options, conditional shares (restricted share units), forfeitable shares, phantom shares, phantom options and share appreciation rights. It includes schedules to allow the grant of tax-advantaged CSOP options and US incentive stock options (ISOs).