Target incentive awards are expressed as a percentage of each Participant’s Salary. These percentages may vary by position and reflect larger reward opportunity for positions having greater effect on the establishment and accomplishment of the performance objectives. A schedule showing the target awards as a percentage of Salary for eligible positions will be prepared for each Plan Year.
Target incentive awards are expressed as a percentage of each Participant’s Salary. These percentagesSalary and may vary by position and reflect larger reward opportunity for positions having greater effect onposition, as defined in the establishment and accomplishment of the performance objectives. A schedule showing the target awards as a percentage of Salary for eligible positions will be prepared for each Plan Year.Plan.
A “Target Award” for each Participant’s Salary. These percentages may vary by position and reflect larger reward opportunityParticipant who is an employee for positions having greater effect on the establishment and accomplishment of the performance objectives. A schedule showing the target awards as a percentage of Salary for eligible positionseach Incentive Plan Year will be prepared for eachdetermined by multiplying his or her “Target Award Percentage” by his or her base salary as of December 31 of such Incentive Plan Year.
Each Participant who is an employee will be assigned a percentage of each“Target Award Percentage” based on his or her job classification and responsibilities. An employee Participant’s Salary. These percentages may varyTarget Award Percentage for any given Incentive Plan Year will be based on his or her job classification as of December 31 of such Incentive Plan Year. The Target Award Percentages will be reviewed annually by positionthe Committee and reflect larger reward opportunityadjusted as necessary or appropriate. The initial Target Award Percentages for positions having greater effect on the establishment and accomplishmentpurposes of the performance objectives. A schedule showing the target awards as a percentage of Salary for eligible positionsPlan will be prepared for each Plan Year.as follows:
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