Annual Incentive Target definition

Annual Incentive Target means, with respect to any measuring period, the amount of cash compensation that would be payable to Executive under the Annual Incentive Plan for such measuring period, computed assuming that the level of performance with respect to a performance goal identified in accordance with the terms of the Annual Incentive Plan as the “target” level of performance has been achieved. Where no level of performance has been specifically identified as the “target” level, the “target” level shall be (i) the only level if one level is identified and (ii) the midpoint between the lowest level and the highest level if two or more levels are identified. Where the amount of compensation depends on the achievement of multiple performance goals, the achievement of each target level of performance with respect to each goal shall be assumed.
Annual Incentive Target means with respect to any measuring period, the amount of cash compensation that would be payable to the Executive under the Annual Incentive Plan for such measuring period, computed assuming that the level of performance with respect to a performance goal identified in accordance with the terms of the Annual Incentive Plan as the “target” level of performance has been achieved. Where no level of performance has been specifically identified as the “target” level, the “target” level shall be (i) the only level if one level is identified, (ii) the higher of two levels if two levels are identified, and (iii) the highest level if three or more levels are identified. Where the amount of compensation depends on the achievement of multiple performance goals, the achievement of each target level of performance with respect to each goal shall be assumed.
Annual Incentive Target means the Executive’s target annual incentive opportunity expressed as a percentage of the Executive’s base salary. Any “special” or other bonus arrangements are specifically excluded from this definition.

Examples of Annual Incentive Target in a sentence

  • The Cash Bonus Premium for 2007 pursuant to this Addendum shall be calculated based on (i) the officer’s base salary as of the last day of the Plan Period and (ii) the Annual Incentive Target deemed to be in effect as of the beginning of the 2007 Plan Period (without any subsequent adjustments during the period, unless otherwise indicated in writing by Brocade).

  • For fiscal year ____, the Executive's "Annual Incentive Target Percentage of Base Compensation," as used in the CMIP, shall be __________ percent (____%) of Base Salary.

  • The following multiples of base salary are provided for in the employment agreements for each of the Named Executive Officers: Annual Incentive Target Percentage The annual incentive for the President and Chief Executive Officer, Chief Financial Officer and Chief Operating Officer was approved by the Board and is dependent upon corporate and personal performance, measured against the annual business plan approved by the Board.

  • BaseSalary $ Annual Incentive Target %Weighted Average of Revenue and Operating Income Funding % Individual Performance Factor % Individual Payout Amount $In fiscal 2017, Symantec deviated somewhat from its typical goal-setting practices as a result of the Blue Coat acquisition.

  • The Committee also shall establish a formula for determining the percentage of the Annual Incentive Target that may become payable based upon the level of attainment of each performance goal for the performance period.


More Definitions of Annual Incentive Target

Annual Incentive Target means the Participant’s annual incentive target opportunity for the fiscal year in which the Participant’s termination of employment occurs, as set forth under the Participant’s individual employment agreement with the Employer or in any written bonus plan, program or arrangement approved by the Board or the Compensation Committee of the Board (without regard to any reductions which form a basis for a termination with Good Reason).
Annual Incentive Target means with respect to any measuring period, the amount of cash compensation that would be payable to Executive under the Annual Incentive Plan for such measuring period, computed assuming that the target level of performance has been achieved with respect to a performance goal identified in accordance with the terms of the Annual Incentive Plan.
Annual Incentive Target means the amount of the Annual Incentive Award payable under the Plan for a particular performance period upon attainment of 100% of the performance goals. The Annual Incentive Target may be expressed as a percentage of Base Salary or a fixed amount of cash.
Annual Incentive Target means the target amount for annual incentive payments set by the Compensation Committee for a Participant under the 2004 Short Term Incentive Plan.
Annual Incentive Target. 100% of Base Pay subject to individual and company performance as established and measured by the Company's Compensation Committee of the Board of Directors.
Annual Incentive Target means with respect to any measuring period, the amount of cash compensation that would be payable to the Executive under Uniti’s annual incentive compensation plan (as the same is established pursuant to Section 5.2 hereof) for such measuring period, computed assuming that the level of performance with respect to a performance goal identified in accordance with the terms of such plan as the “target” level of performance has been achieved. Where no level of
Annual Incentive Target means the annual incentive target cash compensation for Executive, before deductions for taxes and other items withheld, under any Incentive Plans (as defined below).