Target payment definition

Target payment means the fair market value payment established through arms length negotiations that will be earned by an individual or enti- ty that:

Target payment means the amount payable to a Participant for a Performance Period upon the achievement of one of more Targets set by the Committee for that period.

Target payment shall have the meaning set forth in Section 7.2.3.

Examples of Target payment in a sentence

• Upon such termination, all obligations of Employer hereunder shall cease, except for payment of accrued Base Salary and a prorated AIP Target payment for the year of termination, and other employee benefits to which Employee is entitled upon his termination hereunder, in accordance with the terms of the plans and programs of Employer, including without limitation any accrued, but unpaid, AIP or EIP payments attributable to completed fiscal years.

• The amount of cash issued by NCB i may be larger or smaller than the amount of currency circulating in country i , as some international transactions are carried out with cash rather than Target payment orders.

• While Target balances in general should add up to zero, the residual of the data presented here is explained by the ECB’s own Target liabilities stemming from asset transfers from NCBs, by Target claims of some non-Eurozone NCBs that are connected to the Target payment system and which have converted euros into national currency, and by measurement errors resulting from differences between the true balance sheet data and the imperfect IMF proxies.

• Payout amount is based on the achievement of the Performance Goal; the actual Plan payment may vary from 0 % to 150% of the Plan Target payment.

• Performance Awards shall designate a Target payment amount, expressed as a percentage of the Participant’s annual Base Salary (as defined below) in effect at the beginning of the Performance Period.

More Definitions of Target payment

Target payment means the fair market value payment establishedthrough arms length negotiations thatwill be earned by an individual or entity that:

Target payment has the meaning given such term in Section 3(c).

Target payment. Means, with respect to any Payment Date, an amount necessary to reduce the Aggregate Outstanding Note Balance to the Target Investor Principal Amount.

Target payment means the amount payable to a Participant for a Performance Period

Target payment means the amount equal to $1,327,500 (representing the amounts referred to in clause 10.1(c))." 328022325_4 Deed of Variation 1

Target payment means, for each Plan Year within a Three-Year Segment, the amount which the Compensation Committee establishes before the commencement of that Three-Year Segment for payment to Participants in respect of that Plan Year. The Target Payment is expected to increase annually at a rate which is commensurate with the projected growth in consolidated net income over the Three-Year Segment. However, the Compensation Committee may prospectively modify the Target Payment for any Plan Year within such Three-Year Segment if, in the reasonable judgment of the Compensation Committee, a modification is appropriate in the light of all the facts and circumstances.

Target payment means, with respect to any calendar quarter, the aggregate amount of all Project Target Payments for such calendar quarter plus the portion of the Project Target Payments for any previous calendar quarter that have not yet been distributed plus interest at 7% determined on an effective annual yield basis;