Maximum Incentive Award definition
Maximum Incentive Award means a payment in an amount equal to 2.5%, in the case of the Company’s Chief Executive Officer and any other Participant who is a member of the Board, or 1.5%, in the case of each other Participant, of the Company’s Net Income for a given Performance Period.
Maximum Incentive Award means a dollar amount equal to 25 % of the Annual Bonus Pool or Performance Bonus Pool, as the case may be.
Maximum Incentive Award for each Participant means 200% of that Participant's Targeted Incentive Award.
More Definitions of Maximum Incentive Award
Maximum Incentive Award means the award, as established by the Committee which is intended to reward outstanding performance, and which may be paid to an Officer when outstanding performance results are attained; however, in no case can the Maximum Incentive Award for an individual Officer exceed $3,000,000.
Maximum Incentive Award means the maximum award amount established by the Committee for each Participant for a Performance Period, which will be equal to a stated amount in the Participant’s local currency or a specified Maximum Percentage of the Participant’s Base Salary, as determined in the sole discretion of the Committee. In no case will the Maximum Incentive Award exceed 200% of the Participant’s Target Incentive Award.
Maximum Incentive Award means 150% (one hundred and fifty percent) of the Participant's Target Incentive Award which is determined by the Committee pursuant to Section V.A hereof.
Maximum Incentive Award means an amount, specified by the Committee, up to 200% (two hundred percent) of the Participant's Target Incentive Award. The amount of the Maximum Incentive Award shall be determined by the Committee.
Maximum Incentive Award means the maximum Incentive Award that can be earned under this Plan for maximum performance, subject to Committee discretion.