Payment Opportunity definition

Payment Opportunity means the amount determined pursuant to any bonus formula established by the Committee for an Executive Officer for a given Performance Period pursuant to Section 12.3 of the Plan, taking into account the actual achievement of the relevant Performance Targets and the Executive Officer's Base Salary Factor.
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Payment Opportunity means the amount determined pursuant to any bonus formula established by the Committee for a Participant for a given Performance Period pursuant to Section 13 of the Plan, taking into account the actual achievement of the relevant Performance Targets and the Participant’s Base Salary Factor.
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Payment Opportunity means the amount determined pursuant to any bonus formula set forth in any Award granted under the Plan.
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Examples of Payment Opportunity in a sentence

  • Threshold Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 50% Payment Opportunity and for the payment of any Award at the conclusion of a Performance Period.

  • Maximum Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 200% Payment Opportunity.

  • Target Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 100% Payment Opportunity.

  • In the event of a Change of Control, the Award granted hereunder shall be deemed to have been earned in full at the Target Payment Opportunity set forth in paragraph 2(e) above and shall be immediately payable to the Participant in a lump sum in cash.

  • Target Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a [ %] Payment Opportunity.

  • Threshold Performance --------------------- means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 50% Payment Opportunity and for the payment of any Award at the conclusion of a Performance Period.

  • Maximum Performance means ------------------- the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 150% Payment Opportunity.

  • In the ---------------------------------------------- event of a Change of Control, the Award granted hereunder shall be deemed to have been earned in full at the Target Payment Opportunity set forth in paragraph 2(e) above and shall be immediately payable to the Participant in a lump sum in cash.

  • Maximum Performance means the Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a [ %] Payment Opportunity.

  • Target Performance means the ------------------- Earnings Growth Rate Performance Target for the Performance Period, the attainment of which is necessary for the payment of a 100% Payment Opportunity.