Common use of LTI Awards Clause in Contracts

LTI Awards. Subject to Section 7.16 below, for each fiscal year during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten percent (110%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

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LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten fifty percent (110150%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the CommitteeCommittee (the “LTI Awards”).

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten percent (110100%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten fifty percent (11050%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Equity Plan with a target gross amount of one hundred and ten fifty percent (110150%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

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LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten forty percent (11040%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

LTI Awards. Subject to Section 7.16 below, for each fiscal year during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one hundred and ten twenty percent (110120%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

LTI Awards. Subject to Section 7.16 below, for each fiscal year ending during the Term, the Employee shall be eligible to receive an annual long term incentive (LTI) award pursuant to the 2010 Plan with a target gross amount of one two hundred and ten fifty percent (110250%) of the Employee’s annualized Base Salary (as in effect as of the beginning of the applicable fiscal year), subject to market evaluation and adjustment of such target amounts at the discretion of the CommitteeCommittee (the “LTI Awards”).

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

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