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.

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.

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.