Common use of Target Incentive Pay Clause in Contracts

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 shall be as follows: Two Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 2001, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 2 contracts

Samples: Employment Agreement (Afc Enterprises Inc), Employment Agreement (Afc Enterprises Inc)

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Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the 2005 fiscal year of the Company ending in 2001 shall be as follows: Two One Hundred Fifty-five Ten Thousand and No/100 Dollars (U.S. $255,000.00110,000); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012005, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- --------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 2000 shall be as follows: Two Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00); 300,000.00 provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012000, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay -------------------- ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 shall be as follows: Two Hundred Fifty-five Fifty Thousand and No/100 Dollars (U.S. $255,000.00250,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 2001, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 2003 shall be as follows: Two One Hundred Fifty-five Seventy Five Thousand and No/100 Dollars (U.S. $255,000.00175,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012003, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay -------------------- ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 shall be as follows: Two Three Hundred FiftyEighty-five Thousand and No/100 Dollars (U.S. $255,000.00385,000); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 2001, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 2004 shall be as follows: Two Three Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00300,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012004, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay -------------------- ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 shall be as follows: Two Six Hundred FiftyTwenty-five Thousand and No/100 Dollars (U.S. $255,000.00625,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 2001, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay incentive pay ("Target -------------------- Incentive Pay") for Employee for the 2007 fiscal year of the Company ending in 2001 shall be as follows: Two One Hundred Fifty-five Eighty Thousand and No/100 Dollars (U.S. $255,000.00180,000); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012007, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

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Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 2000 shall be as follows: Two Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00); 200,000.00 provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012000, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive --------------------- Pay") for Employee for the fiscal year of the Company ending in 2001 2000 shall be as follows: Two Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00); 195,000.00 provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012000, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the 2007 fiscal year of the Company ending in 2001 shall be as follows: Two One Hundred Fifty-five Twenty Eight Thousand and No/100 Three Hundred Twelve Dollars (U.S. $255,000.00128,312); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012007, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target -------------------- Incentive Pay") for Employee for the 2004 fiscal year of the Company ending in 2001 shall be as follows: Two Hundred Fifty-five Sixty Thousand and No/100 Dollars (U.S. $255,000.0060,000.00); provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012004, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Target Incentive Pay. The target Incentive Pay ("Target Incentive -------------------- Incentive Pay") for Employee for the fiscal year of the Company ending in 2001 2000 shall be as follows: Two Hundred Fifty-five Thousand and No/100 Dollars (U.S. $255,000.00); 200,000.00 provided, however, that the Target Incentive Pay with respect to any fiscal year is subject to, and may be modified by, the Annual Incentive Plan approved by the Board of Directors pursuant to Section 4.01 above and this Section 4.02 shall be read accordingly. After 20012000, the Target Incentive Pay for Employee will be set by the Chief Executive Officer or the Board of Directors of the Company for each fiscal year and will be included in the Annual Incentive Plan for such year.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

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