Target Bonus definition

Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

Target Bonus means the target cash bonus for which the Executive is eligible on an annual basis, at a level consistent with the Executive’s title and responsibilities, under the Company’s bonus program then in effect and applicable to the Company’s senior executives generally.

Target Bonus has the meaning described in Section 4(b).

Examples of Target Bonus in a sentence

• The Executive will be paid a pro-rata portion of the Executive’s Target Bonus, less all applicable withholdings and deductions.

• Such prorated Target Bonus will be determined by multiplying the amount of the Target Bonus by a fraction, the numerator of which is the number of days in the applicable calendar year immediately prior to the Termination Date and the denominator of which is three hundred and sixty-five (365).

• The prorated Target Bonus will be paid on the Company’s first regularly scheduled pay date falling on or immediately after sixty (60) days from the Executive’s Termination Date.

• The Executive will be paid an amount equal to one (1) times the sum of the Executive’s Base Salary and Target Bonus, less all applicable withholdings and deductions.

• The Executive will be paid an amount equal to one and one-have (1.5) times for CEO or three-quarters (.75) times for other Executive the sum of the Executive’s Base Salary and Target Bonus, less all applicable withholdings and deductions.

More Definitions of Target Bonus

Target Bonus shall have the meaning set forth in Section 4(b) hereof.

Target Bonus shall have the meaning set forth in Section 3(b).

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.

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 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 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.