Target Incentive Clause Samples
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Target Incentive. “Target Incentive” is defined as the cash incentive payable to Executive pursuant to a performance bonus or variable compensation plan based on achievement of specified performance goals for the year in which such Covered Termination occurs (as defined in Section 2(a)), as if all the applicable performance goals for such year were attained at a level of 100%. If at the time of the Covered Termination, Executive is eligible for a Target Incentive, but no target percentage or target dollar amount is specified for the year in which such Covered Termination occurs, the Target Incentive amount will be the target incentive percentage established for Executive in the preceding year (but adjusted if necessary for Executive’s position for the year in which the Covered Termination occurs).
Target Incentive. Each participant will have an individualized determined salary base and target incentive that is (i) keyed to achieving a specified target for the Company and/or an operating division thereof or (ii) payable in the sole and absolute discretion of the Administrator (the “Statement”).
Target Incentive. Each participant will have an individualized determined salary base and target incentive that is keyed to achieving the budgeted EBITDA target of the Company.
Target Incentive. One hundred percent (100%) of the current annual Target Incentive.
Target Incentive. During the term of this Agreement the Employee shall be entitled to an incentive compensation target of an additional C$87,000.00, which will be evaluated and paid in accordance with the FY 2007 Learning Tree Incentive Compensation Plan as it may be amended or modified from time to time.
Target Incentive. One hundred percent (100%) of Executive’s current target incentive under the Company’s executive incentive plan(s).
Target Incentive. The PARTICIPANT must meet or exceed the 3 year performance target with their “Total Savings” in order to qualify for the target incentive. The 3 year performance target will be a total of 9 percent savings across the portfolio over the incentive agreement. This incentive is only available once per incentive cycle and can be paid out once the 9 percent savings target has been met.