Target Compensation. “Target Compensation” shall mean the total of all fixed and variable cash compensation due a Covered Person based upon one hundred percent (100%) attainment of performance levels.
Target Compensation. “Target Compensation” shall mean the sum of Executive’s Base Salary and Target Bonus.
Target Compensation. Target will not make any compensation decisions outside the ordinary course of its business except for hiring additional employees and consultants in furtherance of its business.
Target Compensation. “Target Compensation” shall mean the sum of Executive’s Base Salary and Target Bonus. For the avoidance of doubt, Target Bonus shall mean the annual bonus which Executive is eligible to earn in a fiscal year irrespective of whether such annual bonus is actually earned for such fiscal year.
Target Compensation. At the commencement of your employment with Progress Software, your compensation will consist of a semi-monthly salary of $7,291.67, ($175,000 on an annualized basis). You will participate in a fiscal year 2005 bonus program with an annualized target incentive of $75,000, which yields a total target compensation of $250,000 at 100% of plan. You will receive additional information regarding the bonus program after you join. This bonus will be prorated from the close date of the Acquisition.
Target Compensation. For purposes of this Agreement, “Target Compensation” means the Employee’s salary at the time of separation of employment, plus any bonus that the Employee would have earned for that year had the targets for such bonuses been met.
Target Compensation. Executive’s target compensation will consist of the following:
Target Compensation. Executive shall receive for services to be rendered hereunder an annualized target compensation of $405,600, subject to standard deductions and withholdings (the “Target Compensation”). The Target Compensation consists of a Base Salary and a Target Variable Compensation.
Target Compensation. Executive’s total annual compensation (the sum of Base Salary, Incentive Bonus and equity compensation) is initially targeted to range between the 25th and 50th percentile of the Company’s peer group, as determined annually by the Compensation Committee.
Target Compensation. The Executive’s Target Incentive Award under the STI Plan and target LTI shall be reviewed annually by the independent directors pursuant to the normal performance review policies for the CEO, with such targets established by the independent directors in their sole discretion, following a recommendation by the Compensation Committee. For each full fiscal year of the Term, the total of the Executive’s Base Salary, Target Incentive Award under the STI Plan, and target LTI shall be no less than $6,100,000, with the actual realized pay to the Executive primarily dependent on performance under the STI Plan and LTI awards to the Executive.
