Short Term Incentive definition

Short Term Incentive means, with respect to any fiscal year of the Company, the specific annual incentive award (if any) approved for Executive by the Board or a designated committee of the Board with respect to such year.

Short Term Incentive means payments made pursuant to the Company’s short-term incentive plan.

Short Term Incentive means an incentive payment described in Section 8.1.

Examples of Short Term Incentive in a sentence

• The rules and administration and payout formula of the Company’s Short Term Incentive Plan will apply to this Incentive Plan.

• For the 2008 Plan Year, only Salary and Short Term Incentive Awards paid after Termination of Employment may be contributed to the Plan.

• In connection with the foregoing, under the terms of the Bank’s Executive Short Term Incentive Plan (the “ESTIP”), annual cash bonuses can be awarded to the Executive in an amount equal to up to 200% of the Executive’s Base Salary as in effect at the start of the ESTIP’s plan year to which the bonus relates.

• If a bonus is payable under the Short Term Incentive Plan to the Maker in a year, fifty percent of the after tax proceeds of such bonus calculated at the highest marginal tax rate applicable to the Maker is due.

• During the Term hereof, the Board may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Plan.

More Definitions of Short Term Incentive

Short Term Incentive is a variable cash reward, regulated by a specific Company policy, which the Executive may receive yearly, depending on his performance during the period.

Short Term Incentive means the annual profit share or other short-term incentive award under any profit share or other short-term incentive plan or program maintained by the Company.

Short Term Incentive means the target percentage of the Covered Employee's Base Salary in the Short Term Incentive Plan as determined by the Company in effect on the date of termination of employment. It does not include the short term incentive earned but not paid prior to the Covered Employee's date of termination.

Short Term Incentive means the amount of (1) any short-term incentive award paid or payable under the Verizon Short-Term Incentive Plan and (2) any other incentive award that the Plan Administrator designates as Short-Term Incentive for purposes of the Plan. The term Short-Term Incentive shall mean the gross amount of any such award, before such award is reduced for tax withholding and pre-tax or after- contributions to any employee benefit plan, and before any other special payroll deductions.

Short Term Incentive. You will participate in the annual ACCO Brands Variable Incentive Plan (“VIP”) with a target award opportunity of 65% of your annual base salary beginning with the 2009 VIP Plan year. Actual awards are based on actual eligible base salary earnings and will range from 0% to 200% of the target award, depending upon actual performance against standards established by, and at the discretion of, the Compensation Committee of the ACCO Brands Board of Directors (the “Compensation Committee”). Currently, the VIP for 2009 is suspended for the first six (6) months of the year for all participants. We will review with the Board’s Compensation Committee the possibility of reinstating the plan and bonus opportunity during the second half of this year depending on Company performance.

Short Term Incentive means the target percentage of the Covered Employee’s Base Salary in the Short Term Incentive Plan as determined by the Company in effect on the date of termination of employment. It does not include the short term incentive earned but not paid prior to the Covered Employee’s date of termination.

Short Term Incentive. Your annual incentive under the NiSource Inc. 2002 Annual Incentive Plan will be 70% target. You are guaranteed payment of your pro-rata target bonus for 2002, payable in December 2002. Additional payment is possible in March 2003, depending on Company performance.