Annual LTIP Target definition

Annual LTIP Target shall have the meaning set forth in Section 3(c).
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Annual LTIP Target means the annual grant-date LTIP target award value, which value may vary in the Board’s discretion based on Executive’s or the Company’s performance prior to each annual LTIP grant.
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Examples of Annual LTIP Target in a sentence

  • For calendar year 2021 and beyond, the Annual LTIP Target will be equal to 165% of the Annual Base Salary.

  • For calendar year 2020 and beyond, the Annual LTIP Target will be equal to 275% of the Annual Base Salary.

  • For calendar year 2 020 and beyond, the Annual LTIP Target will be equal to 1 65% of the Annual Base Salary.

Related to Annual LTIP Target

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.