Target Annual Incentive Award

Target Annual Incentive Award. A Participant's target Annual Incentive Award for the year in which the Participant's Date of Termination occurs (or, if greater, for the year before the year of termination); provided, however, that in the event no target Annual Incentive Award has been established for the Participant for either the year of termination or the year before the year of termination, "Target Annual Incentive Award" shall mean the average Annual Incentive Award paid to the Participant for the three most recent years... before the year of termination. View More