Common use of Maximum Target Clause in Contracts

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 42% times (B) Executive’s Base Salary.

Appears in 4 contracts

Samples: Employment Agreement (Fox Factory Holding Corp), Employment Agreement, Employment Agreement (Fox Factory Holding Corp)

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Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4275% times (B) Executive’s Base Salary.

Appears in 3 contracts

Samples: Employment Agreement (Fox Factory Holding Corp), Employment Agreement (Fox Factory Holding Corp), Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4222.5% times (B) Executive’s Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Fox Factory Holding Corp), Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Performance Bonus shall be equal to (A) 42135.0% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4230% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4237.5% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4245.0% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

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Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4233.75% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 4218.0% times (B) Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Maximum Target. If, for a particular year, the Company’s EBITDA for the year equals or exceeds 110% of Target EBITDA, then Executive’s EBITDA Bonus shall be equal to (A) 42% times (B) Executive’s Base Salary$750,000.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

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