Examples of Target Bonus Percentage in a sentence

The determinations of the Board, the Committee or the Delegate, as applicable, with respect to such Cash Bonus or the Target Bonus Percentage shall be final and binding.
Executive’s Target Bonus Percentage for any subsequent year may be adjusted up or down, as determined in the sole discretion of the Board, the Committee or the Delegate, as applicable.
The amount of an Eligible Employee’s individual Target Bonus Percentage shall be determined by the Compensation and Management Development Committee or relevant members of Company management based upon the Eligible Employee’s position and responsibilities at the Company.
An amount equal to the product of (A) the Salary and (B) the Target Bonus Percentage, with the product of (A) and (B) prorated based on the number of days Executive was employed during the bonus year in which Executive’s Covered Termination occurs, paid in a lump sum in cash within sixty (60) days after the effective date of the Covered Termination.
Within an Eligible Employee’s Target Bonus Percentage, the potential bonus shall be divided, allocated and payable, if appropriate, in the following components: 1) Company performance, 2) individual performance, and/or 3) unit or division performance (if applicable).

More Definitions of Target Bonus Percentage

Target Bonus Percentage has the meaning given to such term in Section 1.07 hereof.

Target Bonus Percentage means the percentage of a Participant’s Annual Salary, as established or approved by the Committee for purposes of determining a Participant’s Target Bonus.

Target Bonus Percentage means the percentage applicable to Executive to determine Executive’s target incentive award opportunity under the Bonus Plan applicable to Executive as in effect immediately before the Covered Termination or, if higher, immediately before the first Event constituting Good Reason.

Target Bonus Percentage means the percentage of the Executive’s base annual salary that would be payable as the Executive’s target award under the Company’s annual bonus plan in effect on the Executive’s Determination Date (if the Company has not specified a target award for such year, the most recent target award will be considered continued in effect).

Target Bonus Percentage means the sum of the highest annualized target bonus percentage(s) (as a percentage of salary) in effect for the Participant (i) during the one-year period before Separation from Service or, if higher, (ii) during the period commencing one year prior to a Change in Control, and ending upon Separation of Service under each regular annual bonus or a short-term incentive plan including but not limited to WellPoint’s Annual Incentive Plan or successor plans and any sales incentive plans (as determined by the Committee in its sole discretion) covering the Participant.

Target Bonus Percentage means Executive’s target incentive award opportunity under the EICP in effect immediately before the termination of Executive’s employment or, if higher, immediately before the first event or circumstance constituting Good Reason. EXHIBIT B WAIVER AND RELEASE FORM WAIVER AND RELEASE Pursuant to the terms of the Change in Control Agreement made as of , , by and among XxXxxxxxx International, Inc. (the “Company”), J. Xxx XxXxxxxxx, Inc. (the “Employer”) and me, and in consideration of the payments made to me and other benefits to be received by me pursuant thereto, I, , do freely and voluntarily enter into this WAIVER AND RELEASE (the “Release”), which shall become effective and binding on the eighth day following my signing the Release as provided herein (the “Effective Date”). It is my intent to be legally bound, according to the terms set forth below. In exchange for the payments and other benefits to be provided to me by the Company and the Employer pursuant to Section 2 of the Change in Control Agreement (the “Separation Payment” and “Separation Benefits”), I hereby agree and state as follows: