Incentive Compensation Target definition

Incentive Compensation Target means the percentage of the Executive’s Base Pay which is targeted as the Executive’s annual incentive bonus under the Company’s employee incentive plan.
Sample 1

Examples of Incentive Compensation Target in a sentence

  • The Incentive Compensation Target Award may be increased or decreased by as much as 20% on a discretionary basis.

  • McGregor 2014 2013 Dollars PercentBase Salary$ 253,380$ 246,000$ 7,3803.0%Annual Cash Incentive Compensation Target Percent of Base Salary50.0%50.0% –Target Dollars$ 126,690$ 123,000$ 3,6903.0%Long-Term Equity Incentive Compensation Target Percent of Base Salary67.5%56.9% 18.6%Target Dollars$ 171,030$ 140,000$ 31,03022.2%Target Total Direct Compensation$ 551,100$ 509,000$ 42,1008.3% Our Compensation Committee increased Mr. McGregor’s target total direct compensation by 8.3% for 2014 as compared to 2013.

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  • The FY 2017 bonus structure will follow the same format, and the FY 2017 Incentive Compensation Target will be determined based upon the FY 2017 Board of Directors approved Budget.

  • Wright 2014 2013 Dollars PercentBase Salary$ 253,380$ 246,000$ 7,3803.0%Annual Cash Incentive Compensation Target Percent of Base Salary50.0%50.0% –Target Dollars$ 126,690$ 123,000$ 3,6903.0%Long-Term Equity Incentive Compensation Target Percent of Base Salary67.5%56.9% 18.6%Target Dollars$ 171,030$ 140,000$ 31,03022.2%Target Total Direct Compensation$ 551,100$ 509,000$ 42,1008.3% Our Compensation Committee increased Mr. Wright’s target total direct compensation by 8.3% for 2014 as compared to 2013.

  • Koehler 2014 2013 Dollars PercentBase Salary$ 395,906$ 384,375$ 11,5313.0%Annual Cash Incentive Compensation Target Percent of Base Salary70.0%70.0% –Target Dollars$ 277,134$ 269,063$ 8,0713.0%Long-Term Equity Incentive Compensation Target Percent of Base Salary126.3%130.1% (2.9)%Target Dollars$ 500,000$ 500,000$ ––Target Total Direct Compensation$ 1,173,040$ 1,153,438$ 19,6021.7% Our Compensation Committee increased Mr. Koehler’s target total direct compensation by 1.7% for 2014 as compared to 2013.

  • Sneed 2014 2013 Dollars PercentBase Salary$ 226,600$ 220,000$ 6,6003.0%Annual Cash Incentive Compensation Target Percent of Base Salary35.3%13.6% 159.6%Target Dollars$ 80,000$ 30,000$ 50,000166.7%Long-Term Equity Incentive Compensation Target Percent of Base Salary33.1%34.1% (2.9)%Target Dollars$ 75,000$ 75,000$ ––Target Total Direct Compensation$ 381,600$ 325,000$ 56,60017.4% Our Compensation Committee increased Mr. Sneed’s target total direct compensation by 17.4% for 2014 as compared to 2013.

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  • The use of technology especially, ICTs developments in artificial intelligence (AI), big data, deep learning and the internet of things (IoT) should be quickly harnessed by positive forces before the perpetrators adopt them first, as this is our greatest hope of effectively minimizing corruption.

  • As he serves his last remaining months in office, the fate of current security policies will depend on the results of the upcoming national elections in May 2016.

Related to Incentive Compensation Target

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Managing Member for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Bonus means the bonus described in the Section 2.3.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 12 of the Plan.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Annual Bonus shall have the meaning set forth in Section 4(b) below.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after the effective date of the NYSE listing standard, (ii) after the person became an Executive Officer and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Basic Compensation means Salary and Benefits.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.