Accrued Current Year Bonus

Accrued Current Year Bonus. Means (1) with respect to a General Severance, the bonus amount Executive would have received under the Kansas City Southern Annual Incentive Plan (or any successor annual, short-term incentive plan) based upon the actual achieved level of performance for the calendar year in which Executive was terminated and as if Executive had remained employed through the end of the performance period, which such amount shall be multiplied by a fraction the numerator of which is the number of days in the... calendar year Executive was employed (including Executive's date of termination) and the denominator of which is 365; and (2) with respect to a CIC Severance, Executive's Target Award for the calendar year in which Executive is terminated (or the year in which the Change in Control occurs, if greater), which such amount shall be multiplied by a fraction the numerator of which is the number of days in the calendar year Executive was employed (including Executive's date of termination) and the denominator of which is 365. View More