Target Bonus has the meaning described in Section 4(b).
Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.
Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.
Examples of Target Bonus in a sentence
Payment in an amount equal to (i) twelve (12) months of your Base Salary in effect as of the Separation Date plus (ii) your full Target Bonus Amount (“Separation Pay”).
The actual amount of any Incentive Bonus shall be determined by the Board (and/or a subcommittee thereof) in good faith, and may be higher or lower than the Target Bonus, based on the achievement of individual and/or Corporation annual performance goals established by the Board (and/or a subcommittee thereof) for the applicable calendar year and communicated to the Executive in writing.
More Definitions of Target Bonus
Target Bonus shall have the meaning set forth in Section 3(b).
Target Bonus has the meaning set forth in Section 5(b).
Target Bonus means the percentage of salary or level of bonus for Employee which is set by the Compensation Committee at the beginning of each year as an incentive goal to be achieved (it being understood that the actual bonus eventually earned could be lesser or greater than the Target Bonus).
Target Bonus means Executive’s target Annual Bonus under the Company’s or Affiliate’s annual bonus program, as in effect from time to time, under which Executive is covered.
Target Bonus means the target bonus (100% level) established for the Executive for the year in question under the Company's "Annual Incentive Plan" or "Performance Unit Plan," as applicable.
Target Bonus means the full amount of the targeted annual short-term incentive bonus that would be payable to the Executive, assuming the targeted performance criteria on which such annual short-term incentive bonus is based were deemed to be satisfied, in respect of services for the calendar year in which the date in question occurs.
Target Bonus shall have the meaning set forth in Section 4(b) hereof.