A multiplier is applied for performance between the Corporate Threshold and Target to determine the percentage of the bonus pool that is funded, as well as performance that is above Target. The Corporate Bonus Pool can be up to 200% of target based on the achievement of above plan performance objectives.

In order for the Covered Executives to earn a bonus with respect to the Revenue or Adjusted EBITDA targets, the minimum threshold of 90% of the Adjusted EBITDA and/or Revenue bonus target for the subject quarter must be achieved. If the applicable 90% threshold is achieved, the Covered Executives will earn 50% of the targeted bonus amount at 90% of the threshold with respect to each metric. The Covered Executives will earn an additional 5% of that metric’s allocation for their targeted bonus amount for each additional 1% of the Adjusted EBITDA and Revenue bonus target achieved over 90% until 100% of the Adjusted EBITDA and Revenue bonus target is achieved. In the event that Adjusted EBITDA for the full fiscal year 2023 is greater than 100% of the aggregate amount of the Covered Executive’s target bonus amount, then that portion of the bonus payable in excess of the targeted bonus amount will be payable in common stock of the Company.

Annualized Bonus Target (EIP): 45% of eligible earnings

“Target Opportunity” means the Executive’s annual target bonus opportunity, expressed as a percentage of the Base Salary then in effect.

Annual Bonus. Eligibility for an annual cash bonus (the "Annual Bonus") is based on financial and performance criteria established by the Company and approved in the annual budget, and will be paid no later than March 15 each calendar year following the calendar year in which the Annual Bonus was earned. For calendar year 2012 and each calendar year thereafter during the Employment Period, [[Organization A:Organization]]'s target bonus (the "Target Bonus") shall be no less than One Million Dollars ($1,000,000.00), and Company will review and consider increases to the Target Bonus at Company’s sole discretion. [[Organization A:Organization]] shall have an opportunity to earn up to 200% of such Target Bonus, in any event subject to meeting applicable performance goals as set forth in this Section 3(c). For the year ending December 31, 2012, [[Organization A:Organization]]'s Annual Bonus will be earned based on the achievement of goals established with respect to the following performance criteria # 50% based on the achievement of an OIBDAN target for Clear Channel International approved by the Board, # 20% based on the achievement of an OIBDAN target for Clear Channel Outdoor - Americas approved by the Board, and # 30% based on the achievement of to be agreed upon MBO targets. For subsequent years, [[Organization A:Organization]]'s Annual Bonus will be earned based on the

“Bonus Target” means the amount of Annual Cash Incentive

“Target Bonus” means the target bonus, determined by multiplying an agreed-upon percentage times Base Salary, for which Executive is eligible under the Annual Bonus Plan at the percentage in effect (or required to be in effect before any diminution that is a basis of the Executive’s termination for Good Reason) on the Date of Termination.

Your target bonus (“Target Bonus”) for each calendar year during your employment with [[Organization A:Organization]] under this Agreement shall be 125% of your Salary in effect on November 1st of the calendar year or the last day of your employment, if earlier.

Target MAAP: The target bonus amount established for the Participant, if any, under the MAAP, or any successor or additional plan, for the year in which the Participant’s Separation from Service occurs (or for the prior year if a target bonus amount has not yet been established for the year in which the Participant’s Separation from Service occurs).

Target awards are expressed as a percentage of earned salary for the plan year. For purposes of this Plan, earned salary means all base compensation for the participant for the year in question, which base compensation shall include all base compensation amounts deferred into the Company’s retirement savings plan, the Company’s Non-Qualified Deferred Compensation Plan, and/or any similar successor plans for the fiscal year and excludes any bonus or other benefits, other than base compensation, for the plan year. By design, these are the award levels that plan participants are eligible to earn when they and their applicable business units perform as expected (i.e., achieve their goals and objectives). Incentive target awards are determined by job level and vary by region.