Annual Cash Bonus Amount

Example Definitions of "Annual Cash Bonus Amount"
Annual Cash Bonus Amount. With respect to a Participant, the product of: (i) (A) if the Participant's Qualifying Termination occurs between January 1 and June 30 of a calendar year, the Participant's Target Bonus Amount, or (B) if the Participant's Qualifying Termination occurs between July 1 and December 31 of a calendar year, the dollar amount of the Participant's annual cash performance bonus under the Company's annual cash performance bonus program, as determined based on the Company's actual performance through the... date of the Participant's Qualifying Termination and with any applicable performance target or goal pro-rated to align such performance target or goal with the shortened performance period; and (ii) a fraction, the numerator of which is the number of calendar days that have elapsed between January 1 of such calendar year and the date of the Participant's Qualifying Termination, and the denominator of which is three-hundred sixty-five (365) View More
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