Common use of Annual Incentive Awards Clause in Contracts

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 6 contracts

Samples: Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc)

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Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award Annual Incentive Award opportunity of no less than 4050% of Base Salary and a maximum annual incentive award Annual Incentive Award opportunity of 80100% of Base SalarySalary (the “Annual Incentive Award”). Payment of annual incentive awards the Executive’s Annual Incentive Award shall be made at within 2 months of the same time that other seniorCompany’s fiscal year-level executives receive their incentive awardsend.

Appears in 4 contracts

Samples: Employment Agreement (Nymagic Inc), Employment Agreement (Nymagic Inc), Employment Agreement (Nymagic Inc)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany's fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise.

Appears in 3 contracts

Samples: Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8050% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 2 contracts

Samples: Employment Agreement (CVS Corp), Employment Agreement (CVS Corp)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual cash incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8050% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 2 contracts

Samples: Employment Agreement (CVS Caremark Corp), Employment Agreement (CVS Caremark Corp)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 4055% of Base Salary and a maximum annual incentive award opportunity of 80not less than 110% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8090% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (CVS Corp)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany’s fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. (a) The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity bonus range in the amount of no less than 40% of Base Salary $0 to $300,000, and a maximum annual incentive award opportunity target of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards$200,000.

Appears in 1 contract

Samples: Employment Agreement (Nymagic Inc)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual cash incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8065% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (CVS Caremark Corp)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salarytwice the targeted award. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany's fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 4050% of Base Salary and a maximum annual incentive award opportunity of 80100% of Base Salary. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany's fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8075% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (CVS Corp)

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Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 4080% of Base Salary and a maximum annual incentive award opportunity of 80not less than 160% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan Profit Incentive Plan ("MIP") with a target annual incentive award bonus opportunity of no less than 4042% of Base Salary and or in a maximum annual incentive award opportunity of 80% of Base Salarysuccessor plan to MIP with an equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (Melville Corp)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8065% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (CVS Corp)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual cash incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 8090% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (CVS Caremark Corp)

Annual Incentive Awards. The Executive shall participate in the Company's ’s annual incentive compensation plan with a target annual incentive award opportunity of no less than 4045% of Base Salary and a maximum annual incentive award opportunity of 8090% of Base Salary. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany’s fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise. 6.

Appears in 1 contract

Samples: Employment Agreement                  agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 4045% of Base Salary and a maximum annual incentive award opportunity of 80not less than 90% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

Annual Incentive Awards. The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 4070% of Base Salary and a maximum annual incentive award opportunity of 80not less than 140% of Base Salary. Payment of annual incentive awards shall be made at no later than 75 days after the same time that other seniorCompany's fiscal year-level executives receive their incentive awardsend unless Executive agrees otherwise.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

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