Incentive Pool definition

Incentive Pool means the fund underlying the Plan from which payment of Awards are made.

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Incentive Pool means an amount available to be paid to one or more Participants as Performance-Based Compensation, which amount is determined in accordance with Section 162(m) of the Code.

Incentive Pool means the aggregate amount to be awarded with respect to a particular Performance Period as determined pursuant to Article IV.

Examples of Incentive Pool in a sentence

• Contractor will not be eligible to receive any Incentive Pool payments if it fails to meet a minimum performance standard.

• The Incentive Pool is based on Guild’s annual return on average equity (“ROAE” determined as described in Exhibit A).

• The MCO Incentive amounts are determined as the Total Incentive Pool multiplied by the product of the Incentive amount based on the MCO’s premiums and MCO’s Incentive Shares) divided by (the sum of the product for each participating MCO’s Incentive amount based on the MCOs premiums and MCO’s Incentive Shares).

• Conversely, if the above-described financial statement restatements would result in an increase in the Employee’s Incentive Bonus or Incentive Pool Plan benefits or vesting, then, in the absence of any Misconduct, the Board in its reasonable good faith shall redetermine such Incentive Bonus or Incentive Pool Plan benefits or vesting, based on the revised financial statements.

• Effective commencing with the Fiscal Year following the Fiscal Year of the Admission Date, and while you are an Active Individual LP, the Limited Partner shall be eligible to participate in the 2018 Partner Incentive Pool, as may be amended or extended from time to time, subject to the terms and conditions thereof.

More Definitions of Incentive Pool

Incentive Pool means the total amount of dollars available to be paid to all Participants based on the extent to which the applicable Performance Measures are attained. The Incentive Pool for each Performance Period shall be determined by the Committee pursuant to Section 2.2 and no portion of the Incentive Pool for any Performance Period which is not awarded in such applicable Performance Period may be carried forward to a subsequent Performance Period.

Incentive Pool means the greater of (i) $2,500,000.00 and (ii) the sum of $1,150,000.00 and the product obtained by multiplying $150,000.00 by the number of calendar months between the Effective Date and the last day of the month in which the IPO Date occurs. This award will be evidenced by a restricted stock award agreement, in the form customarily used by TMG to make similar awards to other executives of its affiliated entities, a copy of which in substantially final form is attached hereto as Annex B, and will contain forfeiture restrictions that will lapse 20% on the first anniversary date of the IPO Date and 20% on each of the next four anniversaries of the IPO Date thereafter, provided Executive continues to be employed by Company on each such date. Except as described above, this award shall not be subject to performance target-levels.

Incentive Pool shall be calculated in tiers based on ROAE as follows: Tier ROAE Incentive Pool 0 Less than 15.00% $750,000 1 15.00% - 19.99% $875,000 2 20.00% - 24.99% $1,750,000 3 25.00% - 29.99% $2,625,000 4 30.00% $3,500,000 5 Greater than 30.00% $3,500,000 plus an additional amount to be mutually determined by Guild’s Chief Executive Officer and Chairman of the Board The Incentive Pool will then be distributed among the Partner Group based on a predetermined allocation, in accordance with the Executive Compensation Agreements of the Partner Group; provided, however, in the event the Incentive Pool is based on Tier 0, the Incentive Pool shall be allocated based on each member of the ▇▇▇▇▇▇ Group’s individual performance, as determined in the sole discretion of the Chief Executive Officer, rather man the predetermined allocations. For tiers 1--5, ▇▇▇▇▇▇▇’▇ percentage shall be calculated on 36.7% of the Incentive Pool.

Incentive Pool means, with respect to each Performance Period, the total amount of dollars available to be paid to all Participants. This amount shall be based on an objective formula established by the Committee in accordance with Section 2.2 of the Plan using one or more of the Performance Measures. It shall be allocated among the Participants in the manner determined by the Committee in accordance with the Plan;

Incentive Pool means the fund established for purposes of determining potential aggregate Awards to all participants, according to the provisions of Section 12.02 herein.

Incentive Pool means the pool of funds available for distribution to Participants. Subject to the terms of the Plan, the Committee establishes the Incentive Pool for each Performance Period.

Incentive Pool means, with respect to any Performance Period, the total amount available for Awards for such Performance Period as determined in accordance with Section 6.1.