Average Annual Bonus
Average Annual Bonus. The average Annual Bonus the Executive received for the three (3) completed fiscal years immediately preceding the Date of Termination, or the average Annual Bonus for the actual number of completed fiscal years immediately preceding the Date of Termination if less than three (3), provided that the First Year Bonus Target shall be used in the event that the Date of Termination occurs prior to the date that the Executive receives (or is entitled to receive, together with other senior executives...
View More
Found in
The Clorox Company contract
Average Annual Bonus. For purposes of this Agreement, "Average Annual Bonus" shall mean the cash value of the average bonus amount awarded (determined without regard to any deferral election or form of payment of such bonus) to Executive under the Company's incentive bonus and variable compensation programs as in effect on the Effective Date (or any predecessor or successor programs) for the three most recent consecutive and complete fiscal years of the Company prior to the fiscal year in which the Change of Control...
View More
Found in
Autodesk Inc. contract
Average Annual Bonus. The average Annual Bonus the Executive received for the three (3) completed fiscal years immediately preceding the Date of Termination.
Found in
The Clorox Company contract
Average Annual Bonus. For purposes of Section 5, the average bonus paid to Executive for the three fiscal years (or such fewer years as Executive has been employed by the Company) immediately preceding the date of Executive's termination
Found in
Hancock Whitney Corp contract
Average Annual Bonus. Means an amount equal to the average (annualized for any completed fiscal year with respect to which the Executive has been employed by the Company for less than twelve (12) full months) of the Annual Bonus (payable to the Executive by the Company and, if applicable, its predecessors, in respect of each of the three (3) fiscal years immediately preceding the fiscal year in which a Change of Control occurs.
Found in
Hologic contract
Average Annual Bonus. An amount equal to the average of (i) the amount earned under the executive formulaic annual incentive bonus program or any replacement bonus program for executives of the Company, whether paid in restricted stock or cash, and (ii) any discretionary cash bonus amounts received by the Executive, for the two (2) calendar years immediately preceding the year in which the Executive's employment terminates; provided that if Executive's employment terminates in December of any calendar year, after...
View More
Found in
Prosperity Bancshares, Inc. contract
Average Annual Bonus. Shall mean the average of the three (3) most recent annual Cash Bonuses paid to the Employee immediately preceding the termination date.
Found in
QCR HOLDINGS INC contract
Average Annual Bonus. The average of the three (3) most recent annual Incentive Bonuses paid to Executive immediately preceding the Disability Determination date.
All Definitions
Found in
QCR HOLDINGS INC contract