Target Annual Incentive definition

Target Annual Incentive. , as of any date, means the amount equal to the product of a Participant’s Base Salary multiplied by the percentage of such Base Salary to which such Participant would be entitled as an annual incentive, based on the terms in effect on such date under any annual incentive plans for the performance period for which the annual incentive is awarded if the performance goals established pursuant to such bonus plan were achieved at the 100% (target) level as of the end of the performance period, but disregarding any reduction in Target Annual Incentive that would constitute Good Reason.
Target Annual Incentive means the award that the Executive would have received under the Senior Officer Annual Incentive Compensation Plan or such other annual incentive compensation plan applicable to such Executive for the year in which the Executive’s termination occurs, if one hundred percent (100%) of the annual target award has been earned. Executives not participating in an annual incentive compensation plan that has predefined target levels will be treated as though they were participants in an annual incentive plan with such targets and will be assigned the same annual target percent as their participating peers in a comparable salary grade.
Target Annual Incentive means the annual incentive amount that would have been payable to the Executive for the Company’s fiscal year in which the Termination occurred under the applicable NIC-sponsored annual incentive or bonus plan(s), program(s), or policy(ies), including, but not limited to, the Company’s Annual Incentive Plan, assuming the “targeted” level of performance required for payment of such annual incentive or bonus was achieved for such fiscal year of Termination and assuming Executive’s employment had not terminated.

Examples of Target Annual Incentive in a sentence

  • Long-Term Short-Term 36% Long-Term 64%Compensation(Base Salary + Target Annual Incentive) (Long-Term Incentive Value)(2)Cash vs.

  • Whey proteins are generally very suitable candidates for thermal denaturation to produce hydrogels (Gunasekaran et al., 2007).

  • The maximum Annual Incentive which the Executive may receive shall be 150% of the Target Annual Incentive.

  • Target Annual Incentive Bonus OpportunitiesFor purposes of the 2020 Bonus Program, bonus payments were based upon an eligible percentage of each participant’s base salary.

  • The Participant’s Target Annual Incentive amount for the 2008 fiscal year is $10,000.


More Definitions of Target Annual Incentive

Target Annual Incentive means (a) with respect to a Participant whose annual target bonus is expressed as a percentage of Annual Base Salary, the Participant’s target annual bonus under the Company’s annual bonus program in which the Participant is covered at the time of his or her Date of Termination or Change in Control, if greater, (b) with respect to a Participant whose annual target bonus is expressed as a fixed target value, the Participant’s fixed target value under the Company’s annual bonus program in which the Participant is covered at the time of his or her Date of Termination or Change in Control, if greater, and (c) with respect to all other Participants, the average of the Participant’s actual annual bonus payouts for each of the two (2) years prior to the year of the Participant’s Date of Termination.
Target Annual Incentive means a Participant’s target bonus opportunity under the AIP for the fiscal year in which the Participant’s Qualified Termination occurs.
Target Annual Incentive means the Participant’s target annual cash incentive in effect immediately prior to the Change in Control, or, if higher, immediately prior to the Date of Termination.
Target Annual Incentive means, with respect to any Participant, the Participant’s target annual incentive opportunity under the annual incentive plan of the Company or a U.S. Affiliate applicable to the Participant for the fiscal year which includes the Date of Termination, or, if no target has been set with respect to the Participant for such fiscal year, the target annual incentive opportunity for the immediately preceding fiscal year; provided that, solely with respect to a Group I Participant, the Participant’s Target Annual Incentive shall be determined prior to any reduction in the Participant’s target annual incentive opportunity that would qualify as a Good Reason termination event.
Target Annual Incentive means the Participant’s target annual incentive (bonus) opportunity pursuant to the Company’s applicable annual incentive plan in effect immediately prior to the Termination Date.
Target Annual Incentive means the amount of cash compensation that would be payable to the Participant under the annual incentive plan applicable to the Participant for the performance period during which the Termination Date occurs, computed assuming that the “target” level of performance has been achieved.