Target Opportunity definition

Target Opportunity means the percent of Annual Eligible Earnings to be paid if Target is achieved. Target Opportunity is determined for each Officer by the Administrator and for each other Participant by the OCE.

Target Opportunity has the meaning assigned thereto in Section 2.1; and

Target Opportunity means the Executive’s annual target bonus opportunity, expressed as a percentage of the Base Salary then in effect. “Term” has the meaning provided in Section 1.

Examples of Target Opportunity in a sentence

• Executive’s Target Opportunity shall be reviewed annually and may be increased as the Board and/or Compensation Committee, as applicable, shall deem appropriate in its sole discretion.

• The Company shall at all times prior to the cancellation of the Award reserve and keep available, either in its treasury or out of its authorized but unissued shares of Common Stock, the full number of shares subject to the Award from time to time (i.e., 200% of the Target Opportunity).

• Under such plan, Executive shall have the opportunity to earn up to 66.7% of Base Salary as Incentive Compensation at Target Opportunity (“Target Bonus”) and up to 133% of Base Salary as Incentive Compensation at Maximum Opportunity.

• If the Company has not yet established a Target Opportunity for the Employee for the fiscal year in which the Change of Control occurs, then the Target Opportunity shall be at least equal to the last such target opportunity established by the Company for the Employee.

• The product of each eligible Participant's LTI Percentage and base salary is that Participant's "LTI Target Opportunity." Each eligible Participant receives a grant from the Annual Equity Pool with an approximate value equal to that Participant's LTI Target Opportunity.

More Definitions of Target Opportunity

Target Opportunity means, with respect to a Participant for a fiscal year, a dollar amount established by the Administrator as the Target Opportunity for such Participant with respect to such fiscal year (which, in the discretion of the Administrator, may be expressed as a percentage of such Participant’s Base Salary for such fiscal year (or different percentages of such Participant’s Base Salary with respect to different portions of such fiscal year)).

Target Opportunity means the cash Award that a Participant is potentially eligible to earn under the Plan, expressed as a percentage of the Participant's annual base salary at the start of the Performance Period, if the Plan is fully Funded and the Participant's overall performance against Performance Goals meets expectations.

Target Opportunity has the meaning provided in Section 2.3.

Target Opportunity means the Employee’s target annual bonus opportunity, expressed as a percentage of the Base Salary then in effect.

Target Opportunity means the targeted incentive amount for each Participant, expressed as a percent of base salary.

Target Opportunity means a Participant’s Base Salary multiplied by their Target Percentage, rounded up to the nearest whole dollar.

Target Opportunity means, with respect to any Cash Incentive Award, the dollar amount of such Cash Incentive Award to the Participant, as established by the Committee on the Award Date of such Cash Incentive Award.