Payout Target definition

Payout Target means a mean a target Award amount denominated in dollars established and determined by the Committee for each Participant for each Plan Year pursuant to this Plan.
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Payout Target means a specified percentage of a Participant's Base Salary as set forth in the applicable Award Letter.
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Payout Target means the dollar value obtained by multiplying (i) your Base Salary and (ii) your AIP Target Percentage.
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Examples of Payout Target in a sentence

  • Target Payout Target Payout is the annual cash bonus that can be earned and paid under the STI.

  • Target Payout Target Payout is the share-based bonus that can be earned under the LTI.

  • Target Payout Target Payout is the share-based cash bonus that can be earned under the LTI.

  • Target Payout Target Payout is the annual cash bonus that can be earned and paid under the STI Plan.

  • HORIZON BANCORP PARTICIPANT By: ATTEST By: SCHEDULE A PERFORMANCE GOALS AND EARNINGS LEVELS FOR PERFORMANCE PERIOD Performance Goal Weight Threshold 50% Payout Target 100% Payout Maximum 125% Payout Return on Common Equity: The ROCE of the Company compared with the ROCE of the banks included in the SNL Bank Index.

  • HORIZON BANCORP PARTICIPANT By: ATTEST By: SCHEDULE A PERFORMANCE GOALS AND EARNINGS LEVELS FOR PERFORMANCE PERIOD Performance Goal Weight Threshold 50% Payout Target 100% Payout Maximum 125% Payout Return on Common Equity : The ROCE of the Company compared with the ROCE of the banks included in the SNL Bank Index.

  • Term/Calculation Definition Target Payout Target Payout is the annual cash bonus that can be earned and paid under the STI.

  • OPTIONEE By: Signature Signature Printed Printed Title: Job Title AWARD AGREEMENT FOR PERFORMANCE UNITS RESTRICTED STOCK UNITS (PERFORMANCE-BASED) PAGE 7 SCHEDULE A PERFORMANCE GOALS AND EARNINGS LEVELS FOR PERFORMANCE PERIOD Performance Goal Weight Threshold 25%-49% Payout Target 100%-149% Payout Maximum 150% Payout Return on Common Equity : The ROCE of the Company compared with the ROCE of the banks included in the SNL Bank Index.

  • Name Overall Performance Factor [D] Annualized Base Salary December 31, 2020 [E] AIP Target [F] Calculated AIP Award [D x E x F](3) Calculated AIP Award After 50% Reduction(4) Approved AIP Award Payout Target (100%) Maximum (220%) Approved AIP Award as a % of Target M.S. LITTLE 0.74 $1 235 000 125% $1 150 000 $575 000 $575 000 $1 543 750 $3 396 250 37% A.

  • Subject to the terms and conditions set forth in the Program and this Agreement, including, without limitation, Sections 3(b) and 6, the final amount of your Award shall be equal to the dollar amount obtained by multiplying your Payout Target (expressed as dollar amount) by the Company’s achievements on the Performance Goals This amount shall then be increased or decreased by application of the Individual Performance Modifier, if any.

Related to Payout Target

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).