Common use of Annual Incentive Plan Clause in Contracts

Annual Incentive Plan. During the Employment Term, Executive shall participate in any annual incentive plan sponsored by Premier or a “Related Company” (as defined in Section 13) (the “Annual Plan”) applicable to Executive or other similarly situated senior executive level employees, in accordance with the terms and conditions of such Annual Plans as they may be established, modified, changed, replaced or terminated from time to time. The Parties further agree that for Fiscal Year 2014, Executive’s Target incentive opportunity in the Annual Plan shall equal 100% of Executive’s plan year earnings as defined in the Annual Plan.

Appears in 4 contracts

Samples: Senior Executive Employment Agreement (Premier, Inc.), Senior Executive Employment Agreement (Premier, Inc.), Senior Executive Employment Agreement (Premier, Inc.)

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Annual Incentive Plan. During the Employment Term, Executive shall participate in any annual incentive plan sponsored by Premier or a “Related Company” (as defined in Section 13) (the “Annual Plan”) applicable to Executive or other similarly situated senior executive level employees, in accordance with the terms and conditions of such Annual Plans as they may be established, modified, changed, replaced or terminated from time to time. The Parties further agree that for Fiscal Year 2014, Executive’s Target incentive opportunity in the Annual Plan shall equal 100125% of Executive’s plan year earnings as defined in the Annual Plan.

Appears in 2 contracts

Samples: Senior Executive Employment Agreement (Premier, Inc.), Senior Executive Employment Agreement (Premier, Inc.)

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Annual Incentive Plan. During the Employment Term, Executive shall participate in any annual incentive plan sponsored by Premier or a “Related Company” (as defined in Section 13) (the “Annual Plan”) applicable to Executive or other similarly situated senior executive level employees, in accordance with the terms and conditions of such Annual Plans as they may be established, modified, changed, replaced or terminated from time to time. The Parties further agree that for Fiscal Year 20142021, Executive’s Target incentive opportunity in the Annual Plan shall equal 100150% of Executive’s plan year earnings as defined in the Annual Plan.

Appears in 1 contract

Samples: Senior Executive Employment Agreement (Premier, Inc.)

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