Annual Incentive Payment definition

Annual Incentive Payment means the average of the incentive payments made to you in each of the two (2) calendar years immediately preceding the date of termination.

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Annual Incentive Payment means the monetary credit received by a Participant based on their enrollment in the Program. The total value of the Annual Incentive Payment shall be the sum of the Participant’s eligible Generated Energy Credits and their eligible WA State Production Incentive Credit, as explained in Section 5 and Section 6.

Annual Incentive Payment is defined in Section 4.1.

Examples of Annual Incentive Payment in a sentence

• Failure to satisfy the Target Withholdings requirement in respect of any one calendar year does not prohibit the Company from receiving an Annual Incentive Payment for any subsequent calendar year in respect of which the Target Withholdings requirement is satisfied.

• Each such Annual Incentive Payment shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Incentive Payment is awarded, unless the Executive shall elect to defer the receipt of such Annual Incentive Payment.

• The Company further agrees that if the Target Withholdings requirement is not met for any given calendar year as set forth in subsection 2(c)(v), the City shall not be obligated to make an Annual Incentive Payment to the Company for the calendar year in respect of which the Target Withholdings requirement was not satisfied.

• Each year during this Agreement, the Executive shall be eligible to receive an annual incentive payment (the "Annual Incentive Payment).

• The Company further agrees that if the Target Withholdings requirement is not met for any given calendar year as set forth in subsection 2(b)(v), the City shall not be obligated to make an Annual Incentive Payment to the Company for the calendar year in respect of which the Target Withholdings requirement was not satisfied.

More Definitions of Annual Incentive Payment

Annual Incentive Payment means up to $398,000 as calculated by the Annual Incentive Plan (“AIP”), Attachment A to this deed, or any other additional incentive as approved by either the Company and Imperial or under the terms of this agreement;

Annual Incentive Payment means your target annual incentive award for the calendar year of your termination.

Annual Incentive Payment means the Executive’s contemplated annual incentive payment for a calendar year during the Term calculated using $140,000 as the base salary. The initial target percentage will be thirty percent (30%), subject to The Bank’s Individual Incentive Plan and adjustment by the Bank.

Annual Incentive Payment means the greater of the dollar amount of the annual incentive payment that will be payable to

Annual Incentive Payment means, with respect to a Participant for a fiscal year, the dollar amount calculated by multiplying such Participant’s Target Opportunity with respect to such fiscal year by the applicable incentive percentage (i.e., Entry Incentive Percentage, Target Incentive Percentage, Stretch Incentive Percentage, and provided that the Administrator may provide for varying percentages (including through straight line interpolation) between levels) determined by the Administrator based on the satisfaction of the Pre-tax Income performance measure and such other performance measures as may be established by the Administrator under the Program.

Annual Incentive Payment means the greater of the dollar amount of the annual incentive payment that will be payable to the applicable executive officer if Aviall reaches its target performance for the year in which a post-closing termination (other than a termination for “cause” or “good reason” or due to the applicable executive

Annual Incentive Payment is the yearly payment a Participant will receive based on Participant’s ownership of Solar Units. The Annual Incentive Payment is the sum of (1) the value, if any, of the Production Incentive Credit plus (2) the Energy Credit times the Value of Electricity produced in the previous year.