Target definition
Examples of Target in a sentence
Notwithstanding any contrary provision of this Award Agreement, the number of Performance Units that may be earned under the FY 2025 Performance Awards (taken together) during the Performance Period will not exceed two (2) times the Target Total Award (the “2x Limit”).
The Annual Target Bonus Severance Payment shall be paid in substantially equal installments commencing on the first payroll date following the Executive’s termination for a period of twelve (12) months; provided that any such payments shall not be paid until the first scheduled payroll date following the effective date of the Release (or later as provided in Section 7 below), with the first such payment being in an amount equal to any amount otherwise scheduled to be paid prior thereto.
Therefore, more or less than 100% of the Target Units may be earned during the Performance Period based on the level of achievement measured against the Data Center SSD Goal.
The Executive shall be eligible to receive an annual, discretionary cash bonus (the “Annual Bonus”) with a Target Bonus Opportunity (“TBO”) of one hundred percent (100%) of the Executive’s then current Base Salary for the applicable year.
Through the Pathway to Canada Target 1 Challenge Fund (Challenge Fund) the Province received approximately $10,442,556 to distribute to program partners which entered into this funding agreement.