Definition of Semi-Annual Individual Target Bonus


Semi-Annual Individual Target Bonus means the dollar amount equal to (i) an Officers base salary multiplied by such Officers Individual Bonus Percentage, multiplied by (ii) 50%.
Sample 1

Examples of Semi-Annual Individual Target Bonus in a sentence

Each Officer will have an Individual Bonus Percentage (as set forth in Section D) and a Semi-Annual Individual Target Bonus (as defined in Section D), which will vary depending on such Officers position and responsibilities in the Company.