Target Bonus Amount definition

Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).
Target Bonus Amount means, with respect to any Year, the Participant’s target Bonus for such Year based upon the Company’s forecasted operational plan.
Target Bonus Amount shall have the meaning set forth in Section 5(c) of this Agreement.

Examples of Target Bonus Amount in a sentence

  • The Board (or a committee of directors delegated by the Board) will review the Target Bonus Amount from time to time, but at least annually, during the Employment Term, but may not reduce the Executive’s then-existing Target Bonus Amount without the Executive’s prior written consent and agreement.

  • If the Board (or a committee of directors delegated by the Board), establishes reasonable performance measures as provided for above, the actual Annual Bonus amount paid to the Executive in respect of any calendar year during the Employment Term shall be based on the achievement of the applicable performance measures and may be less or more than the applicable Target Bonus Amount.

  • In addition, the Executive shall be entitled to a payment of the "Target Bonus Amount" (as such term is defined and applied by the Company) for the then current bonus period(s) under any bonus plan(s) maintained by the Company in which the Executive is participating on the Termination Date.

  • The target Annual Incentive Bonus is equal to 100% of Base Salary (the “Target Bonus Amount”) and the maximum Annual Incentive Bonus is equal to 200% of the Target Bonus Amount.

  • The Target Bonus Amount and the maximum payout for any subsequent renewal Term of the Agreement shall be determined by the Compensation Committee.


More Definitions of Target Bonus Amount

Target Bonus Amount means, with respect to a Participant, the Participant’s target annual performance bonus amount, if any, in effect at the time of the Participant’s Qualifying Termination, disregarding for this purpose any decrease in target annual performance bonus that provides a basis for Good Reason.
Target Bonus Amount means, for any fiscal year, an amount equal to one hundred percent (100.0%) of the Annual Salary for such fiscal year. EXHIBIT C
Target Bonus Amount means the greater of (I) the Target Bonus for the year of termination, or (II) the average of the Annual Bonus payable in the three full calendar years prior to termination, or such shorter period if Executive has not been employed for three full calendar years.
Target Bonus Amount means the sum of (i) the target annual bonus set forth in writing and available to the Executive under the Company’s Annual Executive Bonus Plan or any successor plan, excluding any portion of such target annual bonus or any other award thereunder attributable to “over-achievement” performance goals (i.e., performance goals that require the achievement of goals that exceed or are in addition to the goals required for the Executive to receive the target annual bonus) approved by the Compensation Committee or the Board, and (ii) the target annual bonus set forth in writing and available to the Executive upon the satisfaction of any individual performance objectives approved by the Compensation Committee or the Board for the Executive as part of a “management-by-resultsprocess (i.e., MBRs). For the avoidance of doubt, the parties acknowledge and agree that the Annual Executive Bonus Plan or any successor plan, and not this Agreement (except as otherwise provided in Section 6.3 hereof), shall govern the payment of any amounts previously earned under such plan that are payable on a delayed, multi-year basis following the performance period during which such amounts were earned.
Target Bonus Amount means, with respect to the Year in which the Date of Termination occurs, the amount of the Executive’s target Bonus for such Year, which is an amount equal to percentage of the Executive’s annual base salary.
Target Bonus Amount means, for a Participant in connection with a Triggering Event, an amount equal to the amount of the Bonus Pool for such Triggering Event multiplied by such Participant’s Participant Percentage.
Target Bonus Amount means the greater of (1) the target bonus applicable to the Executive, as defined in the Company's Incentive Bonus Plan or any comparable provision of any successor annual bonus plan for the incentive year during which the Executive's employment is terminated, or (2) the amount actually paid to the Executive pursuant to Section 13 of the Company's Incentive Bonus plan or any comparable provision of any successor annual bonus plan for the incentive year immediately preceding the year of the Executive's termination of employment.