Maximum Incentive definition

Maximum Incentive means the amount set forth within Section 6.1 of this Agreement.

Maximum Incentive means the amount described in the table contained in Schedule “A” of this Agreement, as the total maximum compensation payable by the City pursuant to this Agreement and the Designating Bylaw.

Maximum Incentive means $1,367,230 in the aggregate, of which

Examples of Maximum Incentive in a sentence

• Up to 50% of the Executive's Maximum Incentive Bonus shall be awarded based upon the attainment of company objectives ("Company Objectives") which shall be determined by reference to growth in earnings per share ("EPSG") and growth in earnings before interest, taxes, depreciation and amortization ("EBITDAG") of the Company.

• The Executive shall be eligible for an annual incentive bonus ("Incentive Bonus") of up to 60% of the Executive's Base Pay ("Maximum Incentive Bonus") and is assigned a target incentive bonus ("Target Incentive Bonus") of 30% of the Executive's Base Pay for such year.

• If the Maximum Earnings Level is met or exceeded, the Participant's Incentive Level Percentage will be the Maximum Incentive Level Percentage for the Participant's Group.

• Any additional shares added to the Plan pursuant to the Share Reserve in excess of the Maximum Incentive Stock Option Limit shall not be issued as Incentive Stock Options but may be issued as Nonqualified Stock Options or Stock Awards.

• The selection of Participants to whom Awards shall actually be paid and the amount of the Award actually paid to a Participant shall be such amount as determined by the Committee in its sole discretion, including zero, provided that the actual Award shall not exceed the Maximum Incentive Award with respect to such Participant.

• Up to 20% of the Executive's Maximum Incentive Bonus shall be awarded based upon the attainment of personal objectives ("Personal Objectives") which shall be defined in a writing provided to the Executive by the Chief Executive Officer after January 1/st/ and prior to January 30/th/ of each year this Agreement is in effect except that in the year the Executive executes this Agreement such writing shall be provided within 60 days of the date of execution by the Executive.

• At such time as it shall determine appropriate following the conclusion of each Performance Period, the Committee shall certify, in writing, the amount of the Maximum Incentive Award for each Participant for such Performance Period (the “Certification”).

• Not later than the earlier of (i) 90 days after the commencement of each fiscal year of the Company and (ii) the expiration of 25% of the Performance Period, the Committee shall, in writing, designate one or more Performance Periods and shall affirm the applicability of the Plan’s formula for determining the Maximum Incentive Award for each Participant for such Performance Period(s).

• Xxxxxxx & Co. (the “Company”) [Name of Executive] Xxxxxxx and Company (“Tiffany”) Schedule of Maximum Incentive Awards Xxxxxxx X.

• No Participant shall receive an Annual Incentive Award under this Plan for any Performance Period in excess of the Maximum Incentive Award for that Performance Period.

More Definitions of Maximum Incentive

Maximum Incentive means the maximum Incentive Award that can be earned under this Plan for maximum performance, subject to Committee discretion.

Maximum Incentive means, in the case of any Participant, the Maximum Incentive available for such Participant as set forth on Schedule A.

Maximum Incentive means the amount of incentive as determined by JCDA staff and TIF Advisory Board that could be generated by receiving loan proceeds from a twenty year loan at prevailing interest rates using the tax increment of the proposed project as annual payment.