Incentive Target definition
Examples of Incentive Target in a sentence
Annual long-term incentive awards to satisfy the Long-Term Incentive Target may be made up of awards of options to purchase the Company’s Common Stock, restricted stock units, or other kinds of long-term incentives authorized by the LTIP.
For fiscal year ____, the Executive's "Annual Incentive Target Percentage of Base Compensation," as used in the CMIP, shall be __________ percent (____%) of Base Salary.
If no Incentive Target has been determined for the year in which final certification occurs, the last determined Incentive Target shall apply.
Additionally, you may be entitled to receive benefits under the Executive Team 2007 Restructuring Incentive Target Program, if the Board of Directors determines that the goals under that Program have been achieved pursuant to the terms of that Program.
PDF shall deliver to Toshiba analysis reports and shall work with Toshiba with the objective of enabling Toshiba to achieve the First, Second and Third Incentive Target Yield (each as defined below) (collectively, the "INCENTIVE TARGET YIELDS").
Upon achievement of each Incentive Target Yield, Toshiba will notify PDF and PDF will submit to Toshiba an invoice for the respective Incentive Fee.
Upon Toshiba achieving the Incentive Target Yield on or prior to the Incentive Fee Date as described above, Toshiba shall be obligated to pay PDF an incentive fee equal to ******** (the "INCENTIVE FEE"); provided, however, that the Incentive Target Yield shall not be considered achieved and Toshiba shall have no obligation to pay the Incentive Fee unless Toshiba shall have achieved (in the manner provided above) the Incentive Target Yield on or prior to the Incentive Fee Date.
PDF's failure to deliver the materials necessary to enable Toshiba to achieve the Incentive Target Yield referenced above on or prior to the Incentive Fee Date shall not constitute a basis for termination of the Agreement under Section 4 of the Agreement.
In the event the Functional Tests and Specifications for the *************** change then the Incentive Target Yield will be appropriately adjusted to account for the change in specifications.
Executive's initial Short Term Incentive Target is 80% commencing in 2013, but prorated in 2013 from the Start Date.