Common use of Incentive Compensation (Cash) Clause in Contracts

Incentive Compensation (Cash). (i) Executive shall be eligible to receive cash incentive compensation (any such compensation, a “Cash Incentive”) pursuant to the short-term incentive program for Ultra established by the Compensation Committee for senior executives of Ultra (such program, the “AIP”). Executive’s target Cash Incentive amount shall be equal to fifty percent (50%) of Executive’s Base Salary (the “Target AIP Amount”).

Appears in 2 contracts

Samples: Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp)

AutoNDA by SimpleDocs

Incentive Compensation (Cash). (i) Executive shall be eligible to receive cash incentive compensation (any such compensation, a “Cash Incentive”) pursuant to the short-term incentive program for Ultra established by the Compensation Committee for senior executives of Ultra (such program, the an “AIP”). Executive’s target Cash Incentive amount shall be equal to fifty ninety percent (5090%) of Executive’s Base Salary (the “Target AIP Amount”).

Appears in 2 contracts

Samples: Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp)

Incentive Compensation (Cash). (i) Executive shall be eligible to receive cash incentive compensation (any such compensation, a “Cash Incentive”) pursuant to the short-term incentive program for Ultra established by the Compensation Committee for senior executives of Ultra (such program, the “AIP”). Executive’s target Cash Incentive amount shall be equal to fifty seventy-five percent (5075%) of Executive’s Base Salary (the “Target AIP Amount”).

Appears in 2 contracts

Samples: Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp)

Incentive Compensation (Cash). (i) Executive shall be eligible to receive cash incentive compensation (any such compensation, a “Cash Incentive”) pursuant to the short-term incentive program for Ultra established by the Compensation Committee for senior executives of Ultra (such program, the “AIP”). Executive’s target Cash Incentive amount shall be equal to fifty one hundred percent (50100%) of Executive’s Base Salary (the “Target AIP Amount”).

Appears in 1 contract

Samples: Employment Agreement (Ultra Petroleum Corp)

AutoNDA by SimpleDocs

Incentive Compensation (Cash). (i) Executive shall be eligible to receive cash incentive compensation (any such compensation, a “Cash Incentive”) pursuant to the short-term incentive program for Ultra established by the Compensation Committee for senior executives of Ultra (such program, the an “AIP”). Executive’s target Cash Incentive amount shall be equal to fifty seventy-five percent (5075%) of Executive’s Base Salary (the “Target AIP Amount”).

Appears in 1 contract

Samples: Employment Agreement (Ultra Petroleum Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.