Examples of Target Incentive Award Percentage in a sentence
Unless otherwise determined by the Committee, prior to the beginning of each Plan Year (or other performance period), or as soon as practicable thereafter (but in no event more than ninety (90) days after the beginning of such Plan Year or other performance period), the Committee shall approve or establish in writing the compensation formula or standard for that Plan Year, the Target Incentive Award Percentage and the Award Opportunity for each Participant.
The Plan consists of an “Incentive Award” payment calculated as a Target Incentive Award Percentage (defined in Section III.F), times the Incentive Factor (defined in Section III.G), times annualized base salary (prorated for less than a full year of participation) at the end of the Performance Period, adjusted by a cumulative Achievement Percentage (defined in Section III) based on the range of achievement from 0% to 100% at which weighted Objectives (defined in Section III) are achieved.
Combining that information with the price of each listing, we estimate that a host incurs a cost of roughly $65-$100 in foregone revenue by rejecting an African-American guest.
If a Participant’s Target Incentive Award Percentage changes during a Performance Period, the Incentive Award payable under the Plan will be prorated based on length of participation at each Target Incentive Award Percentage, measured in days.
The CEO shall approve the Target Incentive Award Percentage and the Award Opportunity for each Plan Year for Participants (except for himself).
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For [Year], we have established a Target Incentive Award Percentage for your position of «Target»% of your annual base salary.
Notwithstanding the foregoing, the Committee shall retain full discretion, in the Committee’s sole judgment, to adjust such formula, if any, or the Target Incentive Award Percentage and/or the Award Opportunity for any or all Participants and for any reason at any time prior to payment of any Bonus Award hereunder.
If a Participants Target Incentive Award Percentage or salary changes during a Performance Period, the Incentive Award payable under the Plan will be prorated based on length of participation at each salary and/or Target Incentive Award Percentage, measured in days.
If a Participant’s Target 5 Incentive Award Percentage or salary changes during a Performance Period, the Incentive Award payable under the Plan will be prorated based on length of participation at each salary and/or Target Incentive Award Percentage, measured in days.