Total Targeted Compensation definition

Total Targeted Compensation. “Total Targeted Compensation” is set out in Article 9.5 of the Collective Bargaining Agreement.
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Total Targeted Compensation means the sum of (A) your Base Pay, (B) your targeted short-term incentive compensation and (C) your targeted long-term incentive compensation, in each case, as in effect immediately prior to a Change of Control]3. 1 Applicable to Chief Executive Officer.
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Total Targeted Compensation means with respect to an Employee who receives all or a portion of his compensation in the form of sales commissions and/or sales bonuses, such Employee’s basic gross annual salary in effect on the day immediately prior to the effective date of his termination with an Employer plus incentive compensation payments for which the Employee would have been eligible if 100% of the Employee’s business objectives had been achieved in the year of termination, but excluding, without limitation, sales bonuses, sales commissions or incentive compensation payments earned or paid, overtime pay, interest differential payments or other relocation allowances, or the value of any other compensation or benefit to which such Employee may be entitled.
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Examples of Total Targeted Compensation in a sentence

  • The Company will manage sales compensation in such a manner to ensure that at least 50% of Eligible Sales Representatives will achieve Total Targeted Compensation, subject to the following conditions: o Sales compensation will be evaluated at a Division level and will be applicable to all sales job titles.

  • PI and associated NI on accounts that are Out-of-Business (OB), National Yellow Page Service (NYPS) transfers, or Bankruptcy (BK) credited during the Measurement Period will not be included in the Total Targeted Compensation Application calculation.

  • Sales compensation evaluation will be computed at the Division level using Calculated Earnings of Eligible Sales Representatives for the Measurement Period, as follows: o Determine the percentage of Eligible Sales Representatives whose Calculated Earnings are greater than or equal to Total Targeted Compensation.

  • For the purpose of this Agreement, Total Targeted Compensation is the sum of annual base pay plus annual incentive pay for performance levels at 100 percent of the assigned objectives.

  • The Company will manage sales compensation in such a manner to ensure that at least 50% of Eligible Sales RepresentativesBusiness Advisors will achieve Total Targeted Compensation, subject to the following conditions: o Sales compensation will be evaluated at a DivisionBargaining Unit level and will be applicable to all sales job titles.

  • Sales compensation evaluation will be computed at the DivisionBargaining Unit level using Calculated Earnings of Eligible Sales RepresentativesBusiness Advisors for the Measurement Period, as follows: o Determine the percentage of Eligible Sales RepresentativesBusiness Advisors whose Calculated Earnings are greater than or equal to Total Targeted Compensation.

  • Total Targeted Compensation at the midpoint of the Base Pay Range for Pay Area 1 for each position is listed in the table below: Job Titles Total Targeted Compensation Total Targeted Compensation is set out here to provide employees a frame of reference, but it is not guaranteed income or expected average income.

  • Total Targeted Compensation Total Targeted Compensation Total Targeted Compensation is set out here to provide employees a frame of reference, but it is not guaranteed income or expected average income.

  • PI and associated NI on accounts that are Out- of-Business (OB), National Yellow Page Service (NYPS) transfers, or Bankruptcy (BK) credited during the Measurement Period will not be included in the Total Targeted Compensation Application calculation.


More Definitions of Total Targeted Compensation

Total Targeted Compensation means the sum of (A) your Base Pay, (B) your targeted short-term incentive compensation, and (C) your targeted long-term incentive compensation, in each case, as in effect immediately prior to the Closing; provided, however, that Good Reason shall not exist unless (a) you have provided FCB with written notice specifying in detail the alleged condition of Good Reason within thirty (30) days of the existence of such condition; (b) FCB has failed to cure such alleged condition within ninety (90) days following its receipt of such written notice; and (c) if FCB has failed to cure such alleged condition, you initiate a separation from service within thirty (30) days following the end of such thirty (30) day cure period.
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Related to Total Targeted Compensation

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);