Common use of LTI Awards Clause in Contracts

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 fifty percent (150%) 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 (the “LTI Awards”).

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 fifty and ten percent (150110%) 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 (the “LTI Awards”)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 fifty and twenty percent (150120%) 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 (the “LTI Awards”)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 fifty forty percent (15040%) 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 (the “LTI Awards”)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 fifty percent (150250%) 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 (the “LTI Awards”).

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 fifty percent (15050%) 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 (the “LTI Awards”)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 fifty percent (150100%) 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 (the “LTI Awards”)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 fifty percent (150%) 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 (the “LTI Awards”)Committee.

Appears in 1 contract

Samples: Employment Agreement (Tower International, Inc.)

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