Target Aggregate Bonus definition

Target Aggregate Bonus means the amount of bonus that would be payable if each of the Performance Targets were met at the targeted level and the Participant’s Individual Performance Measures were met at the targeted level.

Target Aggregate Bonus means the Bonus Award that would be earned (i) for a Participant other than a Management Participant, if the Participant’s Performance Bonus Multiplier were one hundred percent (100%) and (ii) for a Management Participant, if the Management Participant’s Performance Bonus Multiplier and Discretionary Bonus Multiplier were both one hundred percent (100%).

Target Aggregate Bonus means the Bonus Award that would be earned if the Participant’s Performance Bonus Multiplier were one hundred percent (100%).

Examples of Target Aggregate Bonus in a sentence

• The amount of Aggregate Bonus payable is equal to the amount of the Target Aggregate Bonus multiplied by the sum of the Payout Percentages for each of the Performance Measures as determined pursuant to the tables in (a) Section B of Exhibit A for Participants that are Administrative and General Officers employed by GSWC, (b) Section C for Participants that are Operations Officers employed by GSWC and (c) Section D for Participants employed by ASUS.

• Subject to Section 8 below, the Aggregate Bonus for each Participant shall be the sum of the Payout Percentages determined with respect to each Performance Measure multiplied by the amount of Participant’s Target Aggregate Bonus.

• Improvements will keep the facilities in proper working order and avoid possible service impacts to customers.

• Subject to Section 9 below, the Aggregate Bonus for each Participant shall be the sum of the Payout Percentages determined with respect to each Performance Measure multiplied by the amount of Participant’s Target Aggregate Bonus.

• The Target Aggregate Bonus amount set forth above shall represent the aggregate amount of up to three separate bonuses: an Objective Bonus under the Plan, an Objective Bonus based solely on satisfaction of the Additional Objective Criteria and a Discretionary Bonus.

• The Corporation will enter into an Award Agreement with each Participant that (a) describes his or her Individual Performance Measures and sets forth his or her Target Aggregate Bonus, (b) sets forth his or her threshold, target and maximum Performance Targets and (c) incorporates the terms and conditions of this 2021 STIP by reference.

• The Target Aggregate Bonus amount set forth above shall represent the aggregate amount of up to two separate bonuses: an Objective Bonus under the 2021 STIP and a Discretionary Bonus.

• The Corporation will enter into an Award Agreement with each Participant that (a) describes his or her Individual Performance Measures and sets forth his or her Target Aggregate Bonus, (b) sets forth his or her threshold, target and maximum Performance Targets and (c) incorporates the terms and conditions of the Plan and this 2012 STIP by reference.

• The Corporation will enter into an Award Agreement with each Participant that (a) describes his or her Individual Performance Measures and sets forth his or her Target Aggregate Bonus, (b) sets forth his or her threshold, target and maximum Performance Targets and (c) incorporates the terms and conditions of the Plan and this 2017 STIP by reference.

• The Target Aggregate Bonus amount set forth in each Participant’s Award Agreement shall represent the aggregate amount of up to three separate bonuses: an Objective Bonus under the Plan, an Objective Bonus based on satisfaction of Additional Objective Criteria and a Discretionary Bonus.

More Definitions of Target Aggregate Bonus

Target Aggregate Bonus means the Bonus Award that would be earned if the Participant's Performance Bonus Multiplier and Supplemental Bonus Multiplier were both one hundred percent (100%).