Incentive Compensation Amount definition

Incentive Compensation Amount means the target amount that may be paid to a Participant under the Cash Incentive Plan with regard to the year as of which the determination is being made. If a Participant participates in more than one Cash Incentive Plan during a year, the Participant’s “Incentive Compensation Amount” will be the greatest of the target amounts designated under any plan for that year.

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Incentive Compensation Amount means any amounts payable by the Company pursuant to the Incentive Compensation Plan (other than the employer portion of any employment taxes payable pursuant to the Incentive Compensation Plan).

Incentive Compensation Amount has the meaning assigned to that term in Section 3.1(b).

Examples of Incentive Compensation Amount in a sentence

If you are employed by the Company on the day on which a Change of Control occurs, the incentive compensation to which you will be entitled under the Management Incentive Program for the calendar year in which the Change of Control occurs will equal at least the "Minimum Incentive Compensation Amount".
Pursuant to the 1994 General Partner Incentive Compensation Agreement dated as of December 31, 1994 between the Partnership and the General Partner (the "1994 Incentive Compensation Agreement"), the Partnership agreed to pay to the General Partner, in addition to the amounts described in paragraphs 5.5.1 and 5.6.1 (a) hereof, but subject to certain vesting requirements specified therein, the Incentive Compensation Amount (defined herein as in the Incentive Compensation Agreement).
In the event the Incentive Compensation Amount is in excess of $680,000, Arch shall pay such excess amount to the Company and the Purchase Price shall be decreased accordingly.
Upon the vesting of the 1994 Incentive Compensation Amount, which had a value of $540,000, and, in exchange for such amount, effective December 31, 1997 the General Partner was granted a limited partnership interest equal to 2.0% of all of the then issued and outstanding limited partnership interests.
Any such excess amount shall be paid in immediately available funds within five (5) business days of the determination of the Incentive Compensation Amount.
The Incentive Compensation Amount shall be paid to Executive as promptly as practicable after each Incentive Compensation Calculation Date, and in no event later than 75 days after the end of each fiscal year (the “Payment Date”), subject to Section 6(c).
Subject to the Manager’s Clawback Obligation and Section 6(f)(iii), if the Final Incentive Compensation Amount is less than the Preliminary Incentive Compensation Payment, the Manager shall reimburse the Company the amount by which the Preliminary Incentive Compensation Payment exceeded the Final Incentive Compensation Amount in cash within five Business Days after the date of delivery to the Board of such computations.
The maximum potential cash incentive compensation payable to Participant under this Agreement equals the Maximum Potential Incentive Compensation Amount ($2,400,000), payable subject to the terms hereof.
Subject to the Manager’s Clawback Obligation and Section 6(f)(iii), if the Final Incentive Compensation Amount is greater than the Preliminary Incentive Compensation Payment, the Company shall pay the Manager the Final Incentive Compensation Amount, less the Preliminary Incentive Compensation Payment, in cash within five Business Days after the date of delivery to the Board of such computations.
Subject to Sections 1(c) and 1(d) hereof, the Company will pay the Participant an amount up to the Maximum Potential Incentive Compensation Amount as specified and determined in Exhibit A above.

More Definitions of Incentive Compensation Amount

Incentive Compensation Amount means the amount that may be paid under the Success Sharing Plan, the Cash Incentive Plan or any other incentive compensation plan designated by the appropriate O&C Committee and that the appropriate O&C Committee (at the time each year that the goals and other criteria for such plans are established), determines should be taken into account under the Plan. If a Participant participates in more than one incentive compensation plan during a year, his "Incentive Compensation Amount" is the greatest of the amounts designated by the appropriate O&C Committee under any plan for that year.

Incentive Compensation Amount means the amount computed (subject to proration (A) with respect to any fiscal year during the term of this Agreement in which any of the events set forth in Section 5(a) occurs, determined based on the date of such event, and (B) with respect to Fiscal 2013, determined based upon the periods from September 27, 2012 through June 30, 2013 (the “First Fiscal 2013 Period”) and from July 1, 2013 through September 25, 2013 (the “Second Fiscal 2013 Period”)) using the following formula where “x” equals 1.06 (subject to proration for the 2010 fiscal year, Fiscal 2013 (as described above) and any short fiscal year during the term of this Agreement with respect to which the Incentive Compensation Amount is determined), provided that in no event shall the Incentive Compensation Amount payable to the Executive with respect to any fiscal year exceed $10 million:

Incentive Compensation Amount means the amount computed (subject to proration with respect to any fiscal year during the term of this Agreement in which any of the events set forth in Section 4(a) occurs, determined based on the date of such event) using the following formula where “x” equals 1.05 (subject to proration for the 2010 fiscal year and any short fiscal year during the term of this Agreement) and “n” equals the number of years between the most recent Incentive Compensation Calculation Date and the Incentive Compensation Calculation Date on which the High Water ▇▇▇▇ was achieved:

Incentive Compensation Amount means the amount computed (subject to proration with respect to Fiscal 2013, determined based upon the periods from September 27, 2012 through June 30, 2013 (the “First Fiscal 2013 Period”) and from July 1, 2013 through September 25, 2013 (the “Second Fiscal 2013 Period”)) using the following formula where “x” equals 1.06 (subject to proration for the 2010 fiscal year, Fiscal 2013 (as described above) and any short fiscal year during the term of this Agreement with respect to which the Incentive Compensation Amount is determined):