Target Bonus Opportunity
Target Bonus Opportunity. Means: (i) subject to the limitation contained in Section 3(s)(ii) below, the maximum bonus available to Employee under any annual bonus program offered by the Company during the year in which the Triggering Event occurs, or if no such bonus is available to Employee in such year, the maximum bonus available to Employee under any annual bonus program offered by the Company during the last year prior to the year in which the Triggering Event occurs for which Employee had a bonus opportunity....
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Found in
MICROTUNE INC contract
Target Bonus Opportunity. Means: (i) subject to the limitation contained in Section 3(s)(ii) below, the maximum bonus available to Employee under any annual bonus program offered by the Company during the year in which the Triggering Event occurs, or if no such bonus is available to Employee in such year, the maximum bonus available to Employee under any annual bonus program offered by the Company during the last year prior to the year in which the Triggering Event occurs for in which Employee had a bonus opportunity....
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Found in
MICROTUNE INC contract
Target Bonus Opportunity. Means: (i) subject to the limitation contained in Section 3(s)(ii) below, the maximum bonus available to Employee under any annual bonus program offered by the Company during the year in which the Triggering Event Change of Control occurs, or if no such bonus is available to Employee in such year, the maximum bonus available to Employee under any annual bonus program offered by the Company during the last year prior to the year in which the Triggering Event Change of Control occurs for which...
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Found in
MICROTUNE INC contract
Target Bonus Opportunity. An amount (specified as such or determined pursuant to a formula) and denominated in local currency that a Participant potentially may earn as a Bonus Award in respect of a specified Performance Year at the targeted level of Performance. A Target Bonus Opportunity constitutes only a conditional right to receive a Bonus Award and does not guarantee receipt of a Bonus Award or any level of Bonus Award based on Performance or otherwise.
Found in
Vestis Corp contract
Target Bonus Opportunity. Means, for any fiscal year, the amount of money determined by multiplying the Participant's bonus target percentage with respect to his or her annual bonus award by the Participant's then Base Salary. For example, if the Participant's Base Salary is $100,000.00 and the Participant's bonus target percentage with respect to his or her annual bonus award is 25%, then the Participant's Target Bonus Opportunity is $25,000.00. 4
Found in
STERLING FINANCIAL CORP contract
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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