Target Incentive Compensation definition

Target Incentive Compensation means the Executive’s target annual incentive compensation as set forth in Section 2(b); and

Target Incentive Compensation means the Participant’s target cash performance bonus, if any, for the year in which the Date of Termination occurs.

Target Incentive Compensation means with respect to any calendar year the annual Incentive Compensation Executive would have been entitled to receive under Section 4(b) for such calendar year had he remained employed by the Company for the entire calendar year and assuming that all targets for such calendar year had been met.

Examples of Target Incentive Compensation in a sentence

• Accordingly, under the 2006 Plan, each executive officer will be eligible to receive annual performance compensation based upon his assigned Target Incentive Compensation and the funding of the 2006 Plan, the level of which shall be determined by the Company’s operating profits.

• Awards to individual participants will vary depending on (1) the achievement of Company Objectives; (2) the size of the Target Incentive Compensation Pool; (3) the individual’s Base Salary; and (4) the individual’s performance during the applicable Plan Period and expected ongoing contribution toXOMA.

• Prior to the commencement of each Plan Period, the Compensation Committee acting on behalf of the Board of Directors in its sole discretion will determine the Target Incentive Compensation Pool.

• Organophosphorus chemicals phosphorylate acetylcholinesterase in an irreversible reaction that inhibits the activity of cholinesterase to hydrolyze the neurotransmitter at the nerve synapse.

• The target cash incentive target for each named executive officer as contained in their respective employment agreement is set forth below: Named Executive Officer 2007 Target Incentive Compensation (IC) Peter A.

More Definitions of Target Incentive Compensation

Target Incentive Compensation means the target incentive award(s) that may be earned by achievement of specified performance objectives, under the annual and long term incentive compensation plan or plans in which the Executive participated immediately prior to the Change in Control of the Company.

Target Incentive Compensation means the Executive’s target bonus for the current fiscal year. In no event shall “Target Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Such Change in Control Severance Amount shall be paid in substantially equal installments in accordance with the Company’s payroll practice over 12 months; and

Target Incentive Compensation. The amount of the Executive's target incentive compensation under the applicable Executive Bonus Plan for the fiscal year in which the date of termination occurs, shall be paid on the Termination Date; and

Target Incentive Compensation for a fiscal year shall be the average of your actual incentive compensation (including both cash and the fair value of equity awards at the time of grant; for avoidance of doubt, the fair value of a restricted stock award or a restricted stock unit award that vests over time conditioned solely on continued employment, shall be determined based on the closing price of a share of underlying stock on the date of grant multiplied by the number of shares subject to the award) (x) for the three most recent full fiscal years for which you have been paid incentive compensation or (y) for such lesser number of full or partial fiscal years for which you have been paid incentive compensation (with any partial fiscal year weighted proportionally less than any full fiscal year in determining your average incentive compensation; and in the event you never have been paid any incentive compensation for a full or partial fiscal year, your Target Incentive Compensation shall be the target annual incentive compensation for the Prior Year as may be set forth in your Employment Agreement, or if no such amount is set forth therein, 100% of your annual Base Salary). If you initiate or otherwise participate in any arbitration proceeding against the Company to enforce the rights and entitlements granted to you pursuant to this Paragraph 6 and you substantially prevail in such a proceeding, you shall be entitled to recover from the Company all of your costs of enforcement, including reasonable attorney’s fees and expenses.

Target Incentive Compensation means the Participant’s target annual cash performance bonus, if any, for the year in which the Date of Termination occurs. For the avoidance of doubt, with respect to any Participant who is not eligible to receive an annual bonus as part of his or her annual compensation, such Participant’s Target Incentive Compensation shall be equal to zero.

Target Incentive Compensation means the average of the Employee’s actual incentive compensation (including both cash and the fair value of Awards at the time of grant):

Target Incentive Compensation means the average of the Eligible Participant’s actual incentive compensation (including both cash and the fair value of Awards at the time of grant) (i) for the three most recent full fiscal years for which the Eligible Participant has been paid incentive compensation or (ii) for such lesser number of full or partial fiscal years for which the Eligible Participant has been paid incentive compensation (with