Examples of Target Bonus Award in a sentence

On the Target Determination Date, the Committee, in its sole discretion, shall designate a Target Bonus Award for each Participant.
Each Participant’s Target Bonus Award shall be set forth in writing on or prior to the Target Determination Cutoff Date.
If the Participant’s Bonus Plan target percent changes during the Performance Period, the officer’s Target Bonus Award will be pro-rated based on those adjusted figures as follows: the Target Bonus Award will be based on the number of days in the Performance Period with the former Bonus Plan annual bonus target percent and the number of days in the Performance Period with the new Bonus Plan annual target percent.
The Participant’s Bonus Award is calculated, in part (as further described below), by reference to his or her Target Bonus Award.
Target Bonus Award Payout as % of Target Table of Contents(1) Mr. Weisz would not have received any bonus for this component if Marriott Vacations Worldwide Operating Income was below 85% of the target performance level, and the other NEOs would not have received any bonus for this component if Marriott Vacations Worldwide Operating Income was below 90% of the target performance level.

More Definitions of Target Bonus Award

Target Bonus Award means the target bonus award potentially payable to a Participant in accordance with the target bonus percentage set forth in the Participant’s offer letter or other written agreement between the Participant and the Company, as such offer letter or agreement may be amended from time to time, or as otherwise determined or approved with respect to a Participant by the Committee or Designated Officer, as applicable. A Participant’s Target Bonus Award equals the product of such target bonus percentage and the Participant’s Base Compensation.

Target Bonus Award means the target award payable under the Bonus Plan to a Participant, as determined by the Committee. Each Participant’s Target Bonus Award equals the product of such Participant’s (i) Base Salary, (ii) Target Bonus Percentage, and (ii) Multiplication Factor. For example, an Officer with a Base Salary is $200,000, whose Target Bonus Percentage is 40% would have his or her Bonus Award calculated by reference to a Target Bonus Award of $80,000 ($200,000 x 40%).

Target Bonus Award for the year in question means the “Target Bonus Percentage” times a Participant’s base pay.

Target Bonus Award means the Standard Bonus Target Percentages of base salaries as defined under the Rayonier Incentive Bonus Plan for the respective executive salary grades as determined pursuant to Company base salary compensation schedules in effect for eligible executives at a 100 percent performance factor as of December 31 for the year most recently ended prior to the Effective Date.

Target Bonus Award means the potential Award designated for a Participant in accordance with Section 5 that would be payable to the Participant for a Performance Period if the Performance Criteria for the Performance Period were fully (100%) achieved and no negative discretion was exercised by the Committee in regard to that Award.

Target Bonus Award means the target award payable under the Bonus Plan to a Participant, as determined by the Committee. Each Participant’s Target Bonus Award equals the product of such Participant’s (i) Base Salary, and (ii) Target Bonus Percentage. For example, a Director with a Base Salary of $175,000, whose Target Bonus Percentage is 20% would have the Bonus Award calculated by reference to a Target Bonus Award of $35,000 ($175,000 x 20%).

Target Bonus Award means the target award payable under the Plan to a Participant for a Performance Period, as determined by the Committee in it sole discretion. The Target Bonus Award shall be expressed as a percentage of a Participant’s Eligible Compensation.