Examples of Short Term Plan in a sentence
Executive shall not be entitled to any further payment pursuant to the Short Term Plan or the Long Term Cash Plan following termination.
Any Bonus shall be paid at the same time as bonuses are paid to other officers of the Corporation under the then-applicable Short Term Plan.
During the Employment Term, the Executive's annual target incentive opportunity under the Short Term Plan will be no less than 400 percent of his Base Salary.
Annual Basic Pay shall mean the Participant's annual base salary rate (as determined by the Employer) on the last day the Participant was on the active payroll, but excluding all differentials regarded as temporary or extra payments and all cash payments and distributions made under the Short Term Plan and the SBC Communications Inc.
In addition to the Base Salary provided for in Section 6(a) above, the Company may provide annual bonus awards to the Executive under a short-term incentive compensation plan for senior officers (the "Short Term Plan") in accordance with the terms of the Short Term Plan and any performance measures established thereunder.