Target Bonus Amount definition

Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

Target Bonus Amount means, with respect to any Year, the Participant’s target Bonus for such Year based upon the Company’s forecasted operational plan.

Target Bonus Amount shall have the meaning set forth in Section 5(c) of this Agreement.

Examples of Target Bonus Amount in a sentence

• The Board (or a committee of directors delegated by the Board) will review the Target Bonus Amount from time to time, but at least annually, during the Employment Term, but may not reduce the Executive’s then-existing Target Bonus Amount without the Executive’s prior written consent and agreement.

• If the Board (or a committee of directors delegated by the Board), establishes reasonable performance measures as provided for above, the actual Annual Bonus amount paid to the Executive in respect of any calendar year during the Employment Term shall be based on the achievement of the applicable performance measures and may be less or more than the applicable Target Bonus Amount.

• In addition, the Executive shall be entitled to a payment of the "Target Bonus Amount" (as such term is defined and applied by the Company) for the then current bonus period(s) under any bonus plan(s) maintained by the Company in which the Executive is participating on the Termination Date.

• The target Annual Incentive Bonus is equal to 100% of Base Salary (the “Target Bonus Amount”) and the maximum Annual Incentive Bonus is equal to 200% of the Target Bonus Amount.

• The Target Bonus Amount and the maximum payout for any subsequent renewal Term of the Agreement shall be determined by the Compensation Committee.

More Definitions of Target Bonus Amount

Target Bonus Amount means, for any fiscal year, an amount equal to one hundred percent (100.0%) of the Annual Salary for such fiscal year.

Target Bonus Amount means, with respect to a Participant, the Participant’s target annual performance bonus amount, if any, in effect at the time of the Participant’s Qualifying Termination, disregarding for this purpose any decrease in target annual performance bonus that provides a basis for Good Reason.

Target Bonus Amount means, with respect to any Year, the Participant's target Bonus for such Year based upon the Company's forecasted Operational Plan.

Target Bonus Amount means, with respect to any Year, the amount of the target bonus for such Year that is established for the Participant under the MIP.

Target Bonus Amount means the greater of (I) the Target Bonus for the year of termination, or (II) the average of the Annual Bonus payable in the three full calendar years prior to termination, or such shorter period if Executive has not been employed for three full calendar years.

Target Bonus Amount means, with respect to any Year, the amount of the target Bonus for such Year (including under both the BIP and the GRIP, if applicable).

Target Bonus Amount means, with respect to any Year, the Participant's target Bonus for such Year based upon the Company's forecasted operational plan.