Target Incentive Percentage definition

Target Incentive Percentage means a Participant’s target Annual Incentive Award percentage of Eligible Earned Wages as communicated to the Participant.

Target Incentive Percentage means a Grantee’s target Annual Incentive Award percentage of Eligible Earned Wages as communicated to the Grantee.

Target Incentive Percentage means the fixed percentage determined by (i) the Committee for each Participant that is a Section 16 Officer, and (ii) the Vice President, Human Resources for all other Participants.

Examples of Target Incentive Percentage in a sentence

• The Compensation Committee will approve a Target Incentive Percentage and a Maximum Incentive Percentage for each Participant.

• Participants must be employed at the time of payment to earn any payment under the Plan.Eligible senior management hired during the Plan year will have their Target Incentive Percentage and Maximum Incentive Percentage set by the Compensation Committee (see Item 5 below).

• The aggregate “Target Incentive Award” for each Participant is equal to that Participant’s Annual Salary multiplied by the Target Incentive Percentage for that Participant.

• These percentages shall be known as the "Minimum Incentive Percentage," the "Target Incentive Percentage" and the "Maximum Incentive Percentage," respectively.

• If the Company achieves the Minimum Performance Level or higher, but less than the Maximum Performance Level, during the Performance Period, the value of a Participant's Stock Award for that Performance Period shall be determined by multiplying the Performance Percentage by the Participant's Target Incentive Percentage and then multiplying the product of that equation by his average Annual Base Salary during that Performance Period.

More Definitions of Target Incentive Percentage

Target Incentive Percentage with respect to a fiscal year means that percentage established by the Committee as the Target Incentive Percentage with respect to such fiscal year as determined pursuant to Section 5 hereof.

Target Incentive Percentage means, with respect to a Participant for a fiscal year, that percentage established by the Administrator as the Target Incentive Percentage with respect to such Participant for such fiscal year pursuant to Section 4 hereof.

Target Incentive Percentage means the fixed percentage of a Participant’s Eligible Earnings determined by (i) the Committee for each Participant that is a Section 16 Officer, and (ii) the Chief Human Resources Officer for all other Participants.

Target Incentive Percentage means, for Company salary Grades _________, _____________, for Grade _______, __________, and for _________ of the Company, _______________.

Target Incentive Percentage means, for any Performance Period, the percentage, not to exceed 100%, of the Base Salary Midpoint established in accordance with Article II hereof.

Target Incentive Percentage means the percentage of a Grantee’s Base Salary or target dollar amount that may be earned for different levels of achievement of the Performance Targets for a Performance Period as part of the Grantee’s Award. This percentage or target dollar amount is fixed at the beginning of the Performance Period consistent with Grantee’s position at the commencement of such period. The Target Incentive Percentages or target dollar amounts for Grantees by position are listed on Exhibit A.

Target Incentive Percentage means the percentage of a Grantee’s Base Salary that may be earned for different levels of achievement of the Performance Targets for a Performance Period as part of the Grantee’s Award. This percentage is fixed at the beginning of the Performance Period consistent with Grantee’s position at the commencement of such period.