Common use of Target LTI Clause in Contracts

Target LTI. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

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Target LTI. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 1,188,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

Target LTI. a. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 750,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

Target LTI. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 1,760,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

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Target LTI. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 660,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

Target LTI. For each LTI Performance Period, Executive’s target LTI will be equal to $1,000,000 990,000 (the “Target LTI”), which Target LTI may be increased by the Compensation Committee to account for the consummation of strategic initiatives, such as capital raises and M&A transactions, and any such increased amount will thereafter be the LTI for all purposes under the Agreement and this Exhibit A.

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

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