Incentive Pool

Incentive Pool. Means a dollar amount, payable in cash and Stock pursuant to the terms of Section 7, equal to 10% of the increase, if any, of the aggregate market price of all Current Shares (as hereinafter defined) of Stock, between (i) the date hereof and the first Threshold Date and (ii) on an annual basis thereafter calculated with the most recent Threshold Date as the beginning of the new period. As used herein, Current Shares means the number of shares of Stock issued, registered and outstanding as of... the date of this Agreement (as such number of shares may be adjusted for stock splits, reverse stock splits, stock dividends and the like). For purposes of determining the increase in the market price of the Stock hereunder, the market price of the Stock on a Threshold Date shall be deemed to be the average closing price per share of the Stock during the sixty (60) trading days immediately preceding such Threshold Date, and the market price of the Stock on the date hereof shall be deemed to be the average closing price per share during the sixty (60) trading days immediately preceding the date hereof. 18 19 View More

Incentive Pool. Means the lesser of: (i) five percent (5%) of the Base Valuation of the Company, or (ii) five million dollars ($5,000,000).

Incentive Pool. If Pre-tax Income is greater than Targeted Pre-tax Income, an amount equal to the product of (a) 20% and (b) the difference between Pre-tax income and Targeted Pre-tax Income. If Pre-tax Income is equal to or less than Targeted Pre-tax Income, the amount of the Incentive Pool shall be zero.

Incentive Pool. The bonus pool authorized upon Committee certification of the applicable Performance Goal(s) as described in Section 5 hereof.

Incentive Pool. The aggregate dollar value of the maximum Incentive Awards payable under the Plan in any Plan Year, as specified in Section 3.1

Incentive Pool. An amount available to be paid to one or more Participants as Performance-Based Compensation, which amount is determined in accordance with Section 162(m) of the Code