Target Annual Compensation

Target Annual Compensation. As of a given date, shall mean, with respect to any Participant, the sum of (x) such Participant's annual base salary rate as of such date, plus (y) such Participant's target annual bonus for the year in which such date occurs, plus (z) such Participant's target annual equity award value for the year in which such date occurs; provided, that any amounts awarded, paid or distributed pursuant to the Plan shall not be taken into account for purposes of determining Target Annual Compensation.

Target Annual Compensation. The sum of the Executive's base salary and target annual cash incentives as in effect immediately prior to the Change in Control.