Examples of Annual Incentive Target in a sentence
For fiscal year ____, the Executive's "Annual Incentive Target Percentage of Base Compensation," as used in the CMIP, shall be __________ percent (____%) of Base Salary.
The Cash Bonus Premium for 2007 pursuant to this Addendum shall be calculated based on (i) the officer’s base salary as of the last day of the Plan Period and (ii) the Annual Incentive Target deemed to be in effect as of the beginning of the 2007 Plan Period (without any subsequent adjustments during the period, unless otherwise indicated in writing by Brocade).
Except as otherwise agreed upon by the Company and the Participant, for each Participant, the cash bonus payout is calculated based on the following formula (less applicable taxes and deductions): Bonus Payout = (Actual Funding) x (Individual VP Goal Points Earned for the year) x (Annual Incentive Target) x (Annual Salary) Bonuses will be calculated using the salary and Annual Incentive Target as of the last day of the Plan Period, except as set forth above or otherwise indicated in writing by Brocade.
For each fiscal year during the Term, the Executive shall be eligible to participate in the Annual Incentive Plan under terms and conditions no less favorable than other senior executives of Windstream; provided, however, that the Executive’s Annual Incentive Target shall not be less than 188% of his Base Salary after the Effective Date (or such higher percentage as determined by the Board from time to time).
The amount of each actual annual incentive award, including the awards to the named executive officers, is determined as follows: Base Salary x (Annual Incentive Target % x Financial Performance %) x PMP Payout % Target financial performance yields an award of 200% for executive officers of Acuity Brands, including Messrs.