Target Aggregate Bonus definition

Target Aggregate Bonus means the amount of bonus that would be payable if each of the Performance Targets were met at the targeted level and the Participant’s Individual Performance Measures were met at the targeted level.
Target Aggregate Bonus means the Bonus Award that would be earned if the Participant’s Performance Bonus Multiplier were one hundred percent (100%).
Target Aggregate Bonus means the Bonus Award that would be earned (i) for a Participant other than a Management Participant, if the Participant’s Performance Bonus Multiplier were one hundred percent (100%) and (ii) for a Management Participant, if the Management Participant’s Performance Bonus Multiplier and Discretionary Bonus Multiplier were both one hundred percent (100%).

Examples of Target Aggregate Bonus in a sentence

  • The Target Aggregate Bonus amount set forth above shall represent the aggregate amount of up to two separate bonuses: an Objective Bonus under the 2024 STIP and a Discretionary Bonus.

  • Subject to Section 9 below, the Aggregate Bonus for each Participant shall be the sum of the Payout Percentages determined with respect to each Performance Measure multiplied by the amount of Participant’s Target Aggregate Bonus.

  • The amount of Aggregate Bonus payable is equal to the amount of the Target Aggregate Bonus multiplied by the sum of the Payout Percentages for each of the Performance Measures as determined pursuant to the tables in (a) Section B of Exhibit A for Participants that are Administrative and General Officers employed by GSWC, (b) Section C for Participants that are Operations Officers employed by GSWC and (c) Section D for Participants employed by ASUS.


More Definitions of Target Aggregate Bonus

Target Aggregate Bonus means the Bonus Award that would be earned if the Participant's Performance Bonus Multiplier and Supplemental Bonus Multiplier were both one hundred percent (100%).

Related to Target Aggregate Bonus

  • Target Bonus shall have the meaning set forth in Section 4(b) hereof.

  • 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.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Bonus means the bonus described in the Section 2.3.