A Long Term Incentive Plan (LTIP) is a deferred compensation strategy that helps employers retain valued talent by rewarding employees for meeting specific performance goals. The goals, determined by the company as key to the organization’s success, may or may not be tied to the price of company stock shares or the company’s value¹. 

https://onedigitalexecutivebenefits.com/what-is-a-long-term-incentive-plan-and-how-does-it-work/.

(2) Long Term Incentive Plan - A Guide to LTIP| Decusoft. https://www.decusoft.com/what-is-a-long-term-incentive-plan-ltip/.

(3) Long-Term Incentive Plan (LTIP) Definition and Types - Investopedia. https://www.investopedia.com/terms/l/long_term_incentive-plan.asp.

(4) Tax Implications of Executive Pay: What Boards Need to Know. https://corpgov.law.harvard.edu/2017/02/08/tax-implications-of-executive-pay-what-boards-need-to-know/.

(5) What Is a Long-Term Incentive Plan (LTIP)? (Plus Different Types) - Indeed. https://www.indeed.com/career-advice/career-development/ltip.