Common use of Target Bonus Clause in Contracts

Target Bonus. Target Bonus" shall mean the percentage of salary or level of bonus for Employee which is set by the Compensation Committee at the beginning of each year as an incentive goal to be achieved (it being understood that the actual bonus eventually earned could be lesser or greater than the Target Bonus).

Appears in 15 contracts

Samples: Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International), Employment and Noncompetition Agreement (Service Corp International)

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Target Bonus. Target Bonus" shall mean Bonus means the then-current bonus target (percentage of multiplied by salary or level of bonus dollar figure) established for the Employee which is set by the Compensation Committee at or other party with the beginning of each year as an incentive goal authority to be achieved (it being understood that the actual establish such bonus eventually earned could be lesser or greater than the Target Bonus)target.

Appears in 5 contracts

Samples: Control and Retention Agreement (Jive Software, Inc.), Change of Control and Retention Agreement (Jive Software, Inc.), Change of Control and Retention Agreement (Jive Software, Inc.)

Target Bonus. β€œTarget Bonus" ” shall mean the percentage of salary or level of bonus for Employee which is set by the Compensation Committee at the beginning of each year as an incentive goal to be achieved (it being understood that the actual bonus eventually earned could be lesser or greater than the Target Bonus).

Appears in 4 contracts

Samples: Employment and Noncompetition Agreement (Service Corporation International), Employment Agreement (Heritage Service Corp), Employment and Noncompetition Agreement (Service Corporation International)

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Target Bonus. Target Bonus" shall mean Bonus means the bonus amount (percentage of multiplied by salary or level of bonus dollar figure) established for the Employee which is set by the Compensation Committee at or other party with the beginning of each year as an incentive goal authority to be achieved (it being understood that the actual establish such bonus eventually earned could be lesser or greater than the Target Bonus)amount.

Appears in 3 contracts

Samples: Change of Control and Retention Agreement (McAfee, Inc.), Change of Control and Retention Agreement (McAfee, Inc.), Change of Control and Retention Agreement (McAfee, Inc.)

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