Common use of Target Compensation Clause in Contracts

Target Compensation. “Target Compensation” shall mean the sum of Executive’s Base Salary and Target Bonus.

Appears in 4 contracts

Sources: Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma)

Target Compensation. “Target Compensation” shall mean the sum of Executive’s Base Salary base salary and Target Bonustarget bonus then in effect as of the Termination Date.

Appears in 1 contract

Sources: Executive Severance Agreement (Progress Software Corp /Ma)