Short Term Incentive Plan. Executive may be eligible to be receive an annual Short Term Incentive Plan bonus subject to the terms of the STIP as determined by the Board of Directors or compensation committee thereof in its sole discretion. The components, target and maximum amounts of any STIP bonus shall be a percentage of Executive's Base Annual Salary as determined by the Board of Directors or compensation committee thereof in its sole discretion. Subject to the foregoing, a portion of the annual STIP bonus may be based upon Employer's financial performance and a portion of the STIP may be based upon achievement of individual performance objectives, all as may be determined by the Board of Directors or compensation committee thereof in its sole discretion. STIP bonuses for each calendar year shall be payable in the following calendar year as determined by the Board or compensation committee thereof, provided that payment, if any, shall be no later than March 15th of the following year. The Company's adoption of a STIP bonus for a year does not require the Company to adopt a STIP bonus for any other year. If the Company adopts a STIP bonus for Company employees for a particular year, Executive shall be eligible to participate in such year subject to the foregoing.
Short Term Incentive Plan. During the Period of Employment, the Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan (as amended from time to time, the “Incentive Plan”), on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect. For the 2013 fiscal year, the Executive shall have a target bonus level of 50% of the Base Salary (the “Target Bonus”) under the Incentive Plan. Any bonus earned pursuant to the Incentive Plan shall be subject to the terms and conditions of the Incentive Plan. The Company reserves the right to change or eliminate the Incentive Plan at any time, without prior notice to or the consent of the Executive.
Short Term Incentive Plan. The Employee shall be entitled to participate in short-term incentive plans or programs applicable generally to similarly situated management employees of the Company, subject to the terms of the plan or program and the conditions established by the Compensation Committee or the Board of Directors, and subject to the Company’s right to amend or terminate the plan or program at any time.
Short Term Incentive Plan. Executive shall be eligible to participate in the Glacier Bancorp, Inc. 2015 Short Term Incentive Plan (“STIP”). Executive shall be eligible for cash incentives pursuant to the STIP based on the Company meeting certain financial goals (i.e. Threshold, Target and Max) set by the Company’s board of directors at the following levels: Cash Incentive Opportunity as a Percentage of Salary Threshold Target Max 0% 40% 60% All STIP cash incentives shall be awarded and paid in accordance with and subject to the Company’s STIP plan documents, as adopted and amended from time to time by the Company’s board of directors. Executive acknowledges having been provided a copy of the Company’s STIP plan documents prior to entering into this Agreement.
Short Term Incentive Plan. You will not participate in the Company’s short term incentive plans adopted by the Company from time to time, including the 2022 Short Term Incentive Plan.
Short Term Incentive Plan. As additional compensation for the services to be rendered by Executive pursuant to this Agreement, Executive will be eligible to participate in such executive level bonus/incentive programs and plans as may be in effect from time to time as approved by the Board of Directors of D&E. Executive shall be eligible for a targeted Short-term Incentive Plan bonus at the end of calendar year 2007 at twenty-five percent (25%) of his Salary as defined in D&E’s Short Term Incentive Plan. The target is neither a minimum nor a cap on any bonus. D&E, through its compensation committee, will annually consider the implementation of an annual incentive award program, for which the Executive will be eligible.
Short Term Incentive Plan. The Executive shall participate in a Short Term Incentive Plan (“STIP”) established by the Compensation Committee, as the STIP may be modified from time to time. For 2013, his STIP target will be $150,000. Payment under the STIP will be contingent on achieving quantitative and qualitative goals as determined by the Compensation Committee. Payment will be made on a yearly basis after the publication of the audited financial reports and the payment for 2013 will be prorated for based on the Effective Date.
Short Term Incentive Plan. The Employee will be eligible on an annual basis to receive a short term incentive award. The Employee’s short-term bonus target for 2023 is 75% of Base Salary ("Target Bonus"). The Employee’s Target Bonus will be reviewed by the Compensation Committee of the Board on an annual basis. The actual short term bonus awarded to the Employee (the “Short Term Bonus”), if any, may be less than or greater than the Target Bonus (and may be zero), and will be determined based upon performance criteria and targets established by the Board and the Compensation Committee on an annual basis, and the achievement and/or satisfaction of such criteria and targets, as reasonably evaluated in the discretion of the Company. The payment of a Short Term Bonus and quantum of such bonus is not guaranteed in any year or part year of employment, and the payment and quantum of any Short Term Bonus in one year does not obligate the Company to provide a similar or any Short Term Bonus in any other year of employment. Any Short Term Bonus payment made to the Employee is inclusive of statutory requirements, including vacation pay.
Short Term Incentive Plan. The transfer of employment of any Manitowoc ParentCo Group Employee to the Manitowoc Foodservice Group shall not be considered a termination of employment for purposes of any then-completed performance period under the Manitowoc ParentCo Short-Term Incentive Plan, and Manitowoc ParentCo will be responsible for paying any amounts to which such transferred employees become entitled under such Short-Term Incentive Plan.
Short Term Incentive Plan. The Executive shall be eligible for an annual bonus award calculated as a percentage of Base Salary in accordance with the Company’s compensation policy, such bonus award to be as determined by the Board in its discretion on the advice of the President and CEO of the Company and the Compensation Committee. The annual bonus award will be based on overall performance rating and job specific criteria. The bonus award will be a combination of cash and/or securities of the Company as determined by the Board on the advice of the Compensation Committee of the Board, and would be payable after the end of the Company’s fiscal year.
