Target Bonus Factor definition

Target Bonus Factor. – means a percentage assigned to each Eligible Employee on the basis of such Eligible Employee’s job level and contribution as determined by the Company in its sole and absolute discretion. Each Eligible Employee’s Target Bonus Factor shall be communicated to such employee no later than April 15, 2019.
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Examples of Target Bonus Factor in a sentence

  • The Target Bonus Factor applied to Base Salary is the Target Bonus.

  • Target Bonus Factor ------------------- A specified percentage of the Participant's Base Salary which would be the bonus payable to a Participant upon 100% goal achievement.

  • In summary: Target Bonus = Base Salary x Target Factor Bonus = Target Bonus Factor x Performance Factor Performance Factor = Weighting1 x Goal Achievement Factor1 + Weighting2 x Goal Achievement Factor2 + Weighting3 x Goal Achievement Factor3 + Weighting4 x Goal Achievement Factor4 + Weighting5 x Goal Achievement Factor5 The minimum bonus shall be zero.

  • Revenues EPS Target Bonus Factor ----------- ----- ------------ 135 0.96 25.00% 145 1.01 50.00% 150 1.05 100.00% 165 1.19 162.00% 175 1.27 200.00% * Appropriate adjustments to the bonus plan will be made for extraordinary events.

  • In summary: Target Bonus = Base Salary x Target Factor Bonus = Target Bonus Factor x Performance Factor Performance Factor = Weighting//1// x Goal Achievement Factor//1// + Weighting//2// x Goal Achievement Factor//2// + Weighting//3// x Goal Achievement Factor//3// + Weighting//4// x Goal Achievement Factor//4// + Weighting//5// x Goal Achievement Factor//5// The minimum bonus shall be zero.