AMIP II definition
AMIP II means The Toro Company Annual Management Incentive Plan II, as amended from time to time, and any successor plan designated as such by the Board of Directors.
AMIP II means The Toro Company Annual Management Incentive Plan II, as amended from time to time.
AMIP II means, for cash performance awards issued prior to March 16, 2010, The Toro Company Annual Management Incentive Plan II, as amended from time to time, and any successor plan designated as such by the Board.
Examples of AMIP II in a sentence
Commencing the first full plan year of Executive’s employment, Executive shall be nominated to participate in AMIP (or AMIP II as determined by the Committee or if Executive is considered a “Covered Employee” as defined in AMIP II) and shall have a target bonus equal to at least 90 percent of Base Salary at the time the target bonus is set.
The Committee can only increase, not reduce, Executive’s target bonus under AMIP II.