Individual Target Bonus definition
Individual Target Bonus for each fiscal year means the amount equal to a respective Officer’s base salary multiplied by such Officer’s Individual Bonus Percentage. The “Quarterly Individual Target Bonus” shall be the Individual Target Bonus divided by four. The “Individual Bonus Earned” means the amount equal to Individual Target Bonus multiplied by the Corporate Target Achievement Multiplier.
Individual Target Bonus means the amount equal to a respective Officer’s base salary multiplied by such Officer’s Individual Bonus Percentage.
Individual Target Bonus means the target bonus for each Participant listed on Exhibit A hereto.
Examples of Individual Target Bonus in a sentence
Example of Individual Target Bonus Percentage from Table 1 Example of Target Multiplier interpolated from Performance Matrix Example of Total Award Percentage (AxB) Example of Base Salary Example of Estimated final Cash Award payable under the Plan (CxD) 50.0 % 120 % 60 % 100,000 60,000 Adjustments: The Compensation Committee of the Unitrin, Inc.
More Definitions of Individual Target Bonus
Individual Target Bonus means the dollar amount equal to (i) an Officer’s annual base salary rate in effect during the Performance Period multiplied by such Officer’s Individual Bonus Percentage, multiplied by (ii) 25%.
Individual Target Bonus. — shall mean the targeted Performance Bonus for a Performance Period as specified by the Committee in accordance with Section 5 hereof.