Target Total Compensation definition

Target Total Compensation has the meaning set forth in Section 3.2.
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Target Total Compensation annual gross salary together with annual target incentive; and Travel and Entertainment Expense policy : Employer’s policy on travel and entertainment expenses, as may be amended from time to time. The Employee hereby affirms that he has seen and approved the policy and possesses a copy.
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Target Total Compensation means the cash value of all target amounts designated as being part of the Executive’s annual compensation by the Company in the most recent Total Compensation Statement (or any similar document setting forth the Executive’s total annual compensation) for the Performance Year in which Your Termination Date occurs. Target Total Compensation shall not include retention awards, spot bonus awards, sign-on bonuses, special equity awards, the value of Company provided benefits, pay associated with perquisites or relocation, and other bonuses and incentives not communicated as part of the Executive’s target total annual compensation as set forth in their Total Compensation Statement. “Performance Year” shall mean the 12-month period of time over which an Executive’s Target Total Compensation is calculated, as designated by the Company.
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Examples of Target Total Compensation in a sentence

  • Notwithstanding anything herein to the contrary, with respect to each subsequent Fiscal Year that ends during the Term, commencing with Fiscal Year 2012, the sum of the Annual Base Salary and the target Annual Bonus (the “Target Total Compensation”) for any such Fiscal Year shall be no less than the Target Total Compensation for the immediately preceding Fiscal Year.

  • See Exhibit A for actual historical Annual Base Salary, target Annual Bonus and Target Total Compensation.

  • Each role may have several levels of base pay and Target Total Compensation (“TTC”), including base plus variable compensation) within each title, based upon assigned territory.

  • Target Total Compensation (“TTC”) shall be defined as a sales rep’s total pay, including base compensation plus variable compensation at quota (including quota attainment, commissions, contests and sales incentives).

  • A non-recoverable draw (“draw”) shall be paid during the first twelve months of continuous employment for the purpose of transitioning employees into the Sales Executive role and aiding their attainment of Target Total Compensation.

  • The Company shall have the discretion to change the draw Percent of Monthly Variable Compensation Target over the course of the contract, including increasing or decreasing the number of months paid, and/or increasing or decreasing the percent paid, in order to ensure that reps are attaining Target Total Compensation.

  • The Company shall provide a Total Compensation Statement (or similar document) to the Executive designating the Executive’s Target Total Compensation at least once with respect to each Performance Year, at or near the beginning of such Performance Year and at or near the date any changes to the Executive’s compensation become effective during a Performance Year.

  • Target Total Compensation shall not include retention awards, spot bonus awards, sign-on bonuses, special equity awards, the value of Company provided benefits, pay associated with perquisites or relocation, and other bonuses and incentives not communicated as part of Your target total annual compensation as set forth in Your Total Compensation Statement.

  • Other Compensation RulesTarget total compensationFor each Management Board member for the upcoming financial year the Supervisory Board sets Target Total Compensation corresponding to the sum of fixed compensation (~40%), target STI (~20%) and target LTI (~40%, each as percentage of the Target Total Compensation).

  • In such an event, and upon termination, the Employer shall pay to the Employee twelve months Target Total Compensation as well as all standard relocation costs (together with Tax Gross Up) to relocate the Employee to either Atlanta, New York or equivalent at the Employee’s sole discretion.


More Definitions of Target Total Compensation

Target Total Compensation with respect to a Performance Year shall mean all target amounts designated as being part of the Executive’s annual compensation by the Company in the Total Compensation Statement (or any similar document setting forth the Executive’s target total compensation for a Performance Year) for the applicable time period and which shall include (i) an Annualized Base Salary for such Performance Year (as adjusted pursuant to the Company’s normal compensation review process occurring prior to or during such Performance Year); (ii) a target Annual Incentive, the cash value of which shall be determined by the Company at the beginning of the respective Performance Year; and (iii) a target Long-Term Incentive Award, the cash value of which shall be determined by the Company at the beginning of the respective Performance Year. Target Total Compensation shall not include retention awards, spot bonus awards, sign-on bonuses, special equity awards, the value of Company provided benefits, pay associated with perquisites or relocation, and other bonuses and incentives not communicated as part of the Executive’s target total compensation. If the Company delivers more than one Total Compensation Statement with respect to a Performance Year, then the Executive’s Target Total Compensation for that Performance Year shall be the highest total value reflected in any such statement.
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Target Total Compensation means the cash value of all target amounts designated as being part of Your annual compensation by the Company in the most recent Total Compensation Statement (or any similar document setting forth Your total annual compensation) for the Performance Year in which Your
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Target Total Compensation. (TTC) means the Covered Person’s base annual salary plus target commissions set for the year
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Target Total Compensation means the Covered Person's annual base salary plus their target commissions set for that year.
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Target Total Compensation means the cash value of all target amounts designated as being part of Your annual compensation by the Company in the most recent Total Compensation Statement (or any similar document setting fo1ih Your total annual compensation) for the Performance Year in which Your Termination Date occurs. Target Total Compensation shall not include retention awards, spot bonus awards, sign-on bonuses, special equity awards, the value of Company provided benefits, pay associated with perquisites or relocation, and other bonuses and incentives not communicated as part of Your target total annual compensation as set forth in Your Total Compensation Statement. “Performance Year” shall mean the 12-month period of time over which Your Target Total Compensation is calculated, as designated by the Company.
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Related to Target Total Compensation

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Final compensation of a member means:

  • Basic Compensation means Salary and Benefits.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Average final compensation means the average annual creditable compensation of a member during

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.