Common use of Target Annual Bonus Clause in Contracts

Target Annual Bonus. Target Annual Bonus Amount: 50% x [base salary of $235,000] = $117,500 Actual Annual Bonus Payout: [Target Annual Bonus Amount of $117,500] x [calculated Payout Factor]

Target Annual Bonus. Target Annual Bonus Amount: 50% x [base salary of $235,000180,000] = $117,500 90,000 Actual Annual Bonus Payout: [Target Annual Bonus Amount of $117,50090,000] x [calculated Payout Factor]

Target Annual Bonus. Target Annual Bonus Amount: 50% x [base salary of $235,000250,000] = $117,500 125,000 Actual Annual Bonus Payout: [Target Annual Bonus Amount of $117,500125,000] x [calculated Payout Factor]

Target Annual Bonus. Target Annual Bonus Amount: 5060% x [base salary of $235,000270,000] = $117,500 162,000 Actual Annual Bonus Payout: [Target Annual Bonus Amount of $117,500162,000] x [calculated Payout Factor]

Target Annual Bonus. Target Annual Bonus Amount: 5070% x [base salary of $235,000375,000] = $117,500 262,500 Actual Annual Bonus Payout: [Target Annual Bonus Amount of $117,500262,500] x [calculated Blended Payout FactorFactor as determined by assessing the payout factors for the Corporate Element and the Individual Element].