Target Incentive Award definition

Target Incentive Award means the award to be paid to a Participant when performance measures are achieved, as established by the Committee.

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Target Incentive Award means the targeted level of cash compensation underlying an Award granted to a Participant for a Performance Period, calculated in accordance with Section 5 of the Plan.

Target Incentive Award means the incentive compensation amount, or formula to determine such amount, to be paid to Participants when the Performance Criteria designated as the “100% Award Level” are met, as established by the Committee for a Performance Period.

Examples of Target Incentive Award in a sentence

As such, any Cash Award payments under this Plan will be based 100% on Spire Global’s performance and may be more or less than the Target Incentive Award as previously described.
The Target Incentive Award shall be paid in a lump sum on the Payment Date (to the extent not subject to any prior deferral election, and if the Executive has previously made a deferral election, such amount will be paid in accordance with the terms of the arrangement under which such deferral election was made).
The prorated bonus will be an amount in cash equal to the Executive’s Target Incentive Award under the STI/MTI Program for the year in which the Termination Date occurs multiplied by a fraction, the numerator of which is the number of days that the Executive was employed by the Company during the year of termination and the denominator of which is three hundred and sixty five (365).
The Committee will determine, in its sole discretion, the appropriate award proportion of the full Earned Target Incentive Award amount to be paid.
Any payments under this plan may be pro-rated based on changes in gross annual base salary and / or the Target Incentive Award percentage.

More Definitions of Target Incentive Award

Target Incentive Award means the target bonus award level each Participant is eligible to receive and which is equal to a percentage of Earned Wages for such Participant.

Target Incentive Award means a target award amount established by the Committee for each Participant for a Performance Period, which will be equal to a stated dollar amount or a specified percentage of the Participant’s Base Salary, as determined in the sole discretion of the Committee.

Target Incentive Award with respect to an Award means the amount obtained by multiplying (i) the Participant’s Eligible Wages, by (ii) such Participant’s Target Incentive Award Percentage as in effect at the end of the Performance Period applicable to such Award.

Target Incentive Award means the award that may be paid to an Executive Officer when “targeted” performance results, as established by the Committee, are attained.

Target Incentive Award means the target award to be paid to a Participant when target performance goals are achieved, as established by the Committee. For an individual, the Target Incentive Award is typically expressed as a percentage of the individual’s Base Salary.

Target Incentive Award means the amount determined by multiplying a Participant's base salary as of the last day of the applicable Incentive Period by a percentage designated by the Committee in its sole discretion at the time the award is granted, which percentage need not be the same for each Participant.

Target Incentive Award means the award, expressed as a percentage of a Participant’s Base Salary and as provided in any applicable employment agreement, that may be paid to a Participant when performance measures are achieved, as established by the Committee.