Annual Target Cash Incentive

Example Definitions of "Annual Target Cash Incentive"
Annual Target Cash Incentive. With respect to a Participant, the greater of (i)(A) if such Participant's Involuntary Termination is on account of an event described in Section ‎(i), the Participant's annual bonus incentive opportunity in effect immediately prior to the date the Participant is given Notice of Termination and (B) if such Participant's Involuntary Termination is on account of an event described in Section ‎(ii), the Participant's annual bonus incentive opportunity in effect immediately prior to the date of the... event giving rise to such Involuntary Termination or (ii) the Participant's annual bonus incentive opportunity in effect immediately prior to the date of consummation of the Change in Control giving rise to the CiC Period. Notwithstanding the foregoing, if a Participant's bonus opportunity is determined based on a period less than twelve (12) months, the percentage bonus opportunity for such shorter period that includes the date the Annual Target Cash Incentive is to be determined under this Section ‎(e) shall be applied to the Participant's Annual Base Salary and this dollar amount shall be the Participant's Annual Target Cash Incentive. View More
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