Incentive Compensation Award definition

Incentive Compensation Award means payment or payments under Incentive Compensation Plans.

Incentive Compensation Award means an incentive compensation award payable under this Plan.

Incentive Compensation Award means a cash payment or payments awarded to you under any Incentive Compensation Plan.

Examples of Incentive Compensation Award in a sentence

• All equity-based Incentive Compensation Awards (including, without limitation, stock options, stock appreciation rights, restricted stock awards, restricted stock units, performance share awards or other related awards) held by the Executive shall be governed by the terms of the applicable Incentive Compensation Plan and Incentive Compensation Award agreement, and this Agreement shall have no effect upon them.

• Any earned Incentive Compensation Award will be paid to the Executive at such time as will be determined by the Committee, but in no event later than the last day of the calendar year following the calendar year with respect to which the performance targets relate.

• The Company shall pay to the Executive a pro rata portion of the Executive’s annual cash Incentive Compensation Award for the fiscal year that includes the Termination Date, if earned pursuant to the terms thereof and at such time and in such manner as determined pursuant to the terms thereof, less any payments thereof already made during such fiscal year.

• The Company shall pay to the Executive a pro rata portion of the Executive’s target annual cash Incentive Compensation Award for the fiscal year that includes the Termination Date, less any payments thereof already made during such fiscal year.

• If the Executive’s employment shall terminate by reason of death or Disability, the Company shall pay the Executive’s estate in the case of death or to the Executive in the case of Disability, the Accrued Obligations, plus a pro rata portion of the Executive’s target annual cash Incentive Compensation Award for the fiscal year that includes the Termination Date, less any payments thereof already made during such fiscal year.

More Definitions of Incentive Compensation Award

Incentive Compensation Award means an Incentive Compensation Award granted to a Plan Participant under the KeyCorp Short-Term Incentive Compensation Plan and/or KeyCorp Management Incentive Compensation Plan. For purposes of this Section 1.7 hereof, an Incentive Compensation Award shall be deemed to be for the year in which the Incentive Compensation Award is earned (without regard to the actual time of payment), provided, however, that in no event shall more than one Incentive Compensation Award be included in determining a Participant’s Salary for any applicable year.

Incentive Compensation Award means the annual bonus paid pursuant to the Xxxxxx Express Corporation Short-Term Incentive Plan (STIP), as the Plan may be amended from time to time. The term "target" means the value of the STIP bonus payable in the event the Executive achieves the annual target goals established pursuant to the Plan.

Incentive Compensation Award means a cash-denominated award based on the achievement of Performance Goals, subject to the requirements of Article 11 and awarded in accordance with the terms of the Plan.

Incentive Compensation Award shall have the meaning set forth in the LTIP.

Incentive Compensation Award means the single annual incentive compensation award granted to a Participant under an Incentive Compensation Plan.

Incentive Compensation Award means the dollar amount of compensation awarded to a Participant for an Award Year as determined under Article V of the Plan.

Incentive Compensation Award means all cash bonuses awarded in consideration of services for the three (3) most recent fiscal years, divided by three (3), or if there was no cash incentive program in any of the three (3) most recent fiscal years, divided by the number of fiscal years for which such cash incentive program existed. For purposes of this calculation the "restructuring payment" which is payable upon the effective date of the Company's chapter 11 plan of reorganization in accordance with the Bankruptcy Order shall be treated as a cash bonus for the fiscal year in which such bonus is paid. The Incentive Compensation Award may not exceed 100% Executive's Termination Base Salary. Payment under this section 7.4 (b) shall be made as follows: