Highest Incentive Bonus
Highest Incentive Bonus. Means the greater of the Executive's Potential Annual Award for (a) the Change Year or (b) the year immediately preceding the Change Year. For purposes of (b) above, if the Executive first became a party to an annual Incentive Bonus Arrangement for the Change Year, the Executive shall be deemed to have been a participant to an annual Incentive Bonus Arrangement, for the fiscal year immediately preceding the Change Year.
Found in
State Auto Financial CORP contract
Highest Incentive Bonus. Means the greater of the Executive's Potential Annual Award for (a) the Change Year or (b) the year immediately preceding the Change Year.
All Definitions
Found in
State Auto Financial CORP contract