Target Bonus Opportunity
Target Bonus Opportunity. The percentage of Base Salary that has been set by the Company's Compensation Committee as the target level of achievement for Executive in the Company's annual short-term bonus or other similar plan that affords the Executive the opportunity to achieve an annual bonus on account of performance against certain goals for a given fiscal year
Found in
CIRCOR International, Inc. contract
Target Bonus Opportunity. The higher of (i) Employee's target bonus opportunity under the Company's annual bonus program applicable to Employee as in effect immediately prior to the Change of Control, provided that if no target bonus opportunity has been established for the year in which the Change of Control occurs, as in effect for the year immediately preceding the year in which the Change of Control occurs, or (ii) Employee's target bonus opportunity under the annual bonus program applicable to Employee as in effect...
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