Total Target Compensation definition
Total Target Compensation defined as the Recipient’s annual base salary plus the cash and stock compensation the Recipient is eligible to receive from the Company or the Employer at one hundred percent (100%) performance, whether sales incentive, bonus or otherwise;
Total Target Compensation means annual base salary plus target short term incentive compensation payable at 100% Employee performance level whether sales incentive, bonus or otherwise.
Total Target Compensation means the sum of Executive’s Base Salary and Executive’s Bonus Target in effect as of the applicable date; provided, however, that for purposes of Section 5(a) below, in the event Executive’s employment is terminated by Executive for Good Reason pursuant to Section 1(e)(iii), “Total Target Compensation as of the Termination Date” shall mean Executive’s Base Salary or Bonus Target in effect as of immediately prior to the reduction in Executive’s Base Salary or Bonus Target that gave rise to Good Reason under Section 1(e)(iii).
Examples of Total Target Compensation in a sentence
The Company will pay to Executive an additional amount equal to 100% of Executive’s Total Target Compensation as of the Date of Termination (the “Supplemental Target Compensation Continuation Amount”).
The Company will pay to Executive an additional amount equal to 100% of Executive’s Total Target Compensation as of the Termination Date (the “Supplemental Target Compensation Continuation Amount”).
The Company will pay to Executive an additional amount equal to 100% of Executive's Total Target Compensation as of the Date of Termination (the “Supplemental Target Compensation Continuation Amount”).
More Definitions of Total Target Compensation
Total Target Compensation means the aggregate amount of (x) base salary or base hourly wage rate and (y) annual and long-term cash incentive, commission and bonus opportunities, in each case, as provided to such Company Employees immediately prior to the Agreement Date, but, for the avoidance of doubt, shall exclude any amounts payable under the Company’s Long-Term Cash Incentive Plan, and may be provided by Buyer, in Buyer’s sole discretion, in cash and/or Buyer equity incentives (valued based on date of grant).
Total Target Compensation defined as the Optionee’s annual base salary plus the cash and stock compensation the Optionee is eligible to receive from the Company at one hundred percent (100%) performance, whether sales incentive, bonus or otherwise;
Total Target Compensation means the aggregate amount of Executive’s (A) Base Salary, (B) Target Annual Bonus opportunity and (C) Target Annual Equity Award opportunity, in each case, with respect to the applicable year.
Total Target Compensation is defined as the total of Executive’s annual base salary, annual incentive target, and long-term incentive cash target; or
Total Target Compensation means the Employee’s annual base salary plus the cash and stock compensation the Employee is eligible to receive at one hundred percent (100%) performance, whether sales incentive, bonus or otherwise; (iii) a material increase in the amount of Employee’s business travel which produces a constructive relocation of Employee; (iv) a material reduction by the Employer in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction with the result that the Employee’s overall benefits package is significantly reduced; or (v) the relocation of the Employee to a facility or a location more than fifty (50) miles from Saxonburg, Pennsylvania. In order for the Employee to terminate for Good Reason, (A) the Employer must be notified by the Employee in writing within ninety (90) days of the event constituting Good Reason, (B) the event must remain uncorrected by the Employer for thirty (30) days following such notice (the “Notice Period”), and (C) such termination must occur within sixty (60) days after the expiration of the Notice Period.