Common use of LTIP TARGET AWARD Clause in Contracts

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of the Company's fiscal years 2001 and 2002, in an amount equal to $200,000.

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of (a) the Company's fiscal years 2001 and 2002, in an amount equal to $200,000, and in each two-year LTIP performance period thereafter during which the Executive remains employed by the Company, in an amount no less than such amount. In the event that a subsequent LTIP is based upon a time period other than two (2) years, such amount shall be no less than $100,000 per annum.

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of the Company's fiscal years 2001 and 2002, in an amount equal to $200,000300,000.

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of the Company's fiscal years 2001 and 2002, in an amount equal to $200,000250,000.

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of (a) the Company's fiscal years 2001 and 2002, in an amount equal to $200,000300,000, and in each two-year LTIP performance period thereafter during which the Executive remains employed by the Company, in an amount no less than such amount. In the event that a subsequent LTIP is based upon a time period other than two (2) years, such amount shall be no less than $150,000 per annum.

LTIP TARGET AWARD. For purposes of this Agreement, "LTIP Target Award" shall mean a bonus payable to the Executive upon the Company's achievement of certain performance targets in respect of (a) the Company's fiscal years 2001 and 2002, in an amount equal to $200,000250,000, and in each two-year LTIP performance period thereafter during which the Executive remains employed by the Company, in an amount no less than such amount. In the event that a subsequent LTIP is based upon a time period other than two (2) years, such amount shall be no less than $125,000 per annum.