Annual Targets definition
Examples of Annual Targets in a sentence
The establishment of Annual Targets shall be mutually agreed upon by the Executive and the Chairman of the Board of Directors of MedPartners (the "Chairman") within 90 days of the Commencement Date for the Bonus for the 1998 calendar year, and, for Bonuses for subsequent years, by the March 31 of such years.
The amount of the loss will be subtracted from the actual pre-tax earnings for those years to determine whether the Annual Targets have been partially or fully achieved.
In the event that BAC is successful in so convincing such purchaser/transferee, then, subject to its reporting obligations under Section 4.4, the Annual Targets will each be automatically **** by MasterCard by an amount equivalent to **** of **** generated by such divested MasterCard Cards (subject to the next sentence, the “Revised Annual Targets”).
In the event that BAC acquires a portfolio of MasterCard-branded Cards generating an average aggregate annual **** of **** or ****, the ****(together with the Quarterly ****) and Annual Targets will each be automatically adjusted (such revised ****, the “Revised ****”; such revised Annual Targets, the “Revised Annual Targets”) by MasterCard to reflect **** of the prior **** of **** generated on such Acquired Portfolio (the “****”).
The establishment of Annual Targets for each calendar year, the adjustment to be made in the Annual Bonus in the event of attainment of specified percentages of such Annual Targets, and the method for determining the achievement of such Annual Targets shall be established by the Compensation Committee of the LifePoint Board of Directors in consultation with the Executive prior to the commencement of the calendar year in question.
Such Annual Bonus for any calendar year shall equal 50% of his Base Salary (as in effect on the last day of such year) if LifePoint shall achieve but not exceed the applicable Annual Targets and shall exceed 50% of such Base Salary if LifePoint shall exceed the applicable Annual Targets, but in no event shall such Annual Bonus exceed 100% of such Base Salary.
Planned Expenditure 2010/11: LMA $13,865,400 Annual Targets 2010/11: 1,850 STTF $1,601,000 Multi-year Plan Objectives: Additional Objectives: • Increase access to, and participation in, education/training (i.e. labour • Develop the skills of Manitobans during their labour market transitions.
Planned Expenditure 2010/11: LMA $4,621,800 STTF $750,000 Annual Targets 2010/11: 1,750 Multi-year Plan Objectives: • Increase Manitoba employers’ capacity to assess the skills of their workforce.
Such Annual Bonus for any calendar year shall equal 75% of the Executive's Base Salary (as in effect on the last day of such year) if LifePoint shall achieve but not exceed the applicable Annual Targets and shall exceed 75% of such Base Salary if LifePoint shall exceed the applicable Annual Targets, but in no event shall such Annual Bonus exceed 100% of such Base Salary.
If Executive achieves the Annual Targets, Executive is entitled to receive a one-time $1,500,000 incentive payment (the “Incentive Payment”) payable on or within thirty (30) days after December 31, 2014.