Average Bonus
Average Bonus. The average of the annual bonuses paid to the Executive for the three years immediately preceding the year in which the Executive's termination of employment occurs (or such shorter period during which the Executive has been employed by the Company and eligible to receive annual bonuses, or if the Executive was not employed by the Company or eligible to receive annual bonuses in any prior year, the annual bonus that is required to be paid in accordance with any contractual arrangement between...
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Average Bonus. The average of the annual cash bonuses earned (regardless of when paid) by Executive during the three fiscal years immediately preceding the fiscal year in which Executive terminated employment; provided, however, if Executive was not eligible to participate in the Bank's or the Company's annual cash bonus program (either due to the fact Executive was not an employee of the Bank or the Company during such fiscal year or any other reason) during each such fiscal year, then Average Bonus shall...
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Found in
Triumph Bancorp, Inc. contract
Average Bonus. (a) in the case Employee has been employed long enough to have received two or more annual Bonus payments from the Company, the average of the two most recent annual Bonuses paid to Employee by the Company, or (b), in the case Employee has received only one Bonus payment from the Company, the amount of that Bonus.
Found in
BREEZE-EASTERN LLC contract
Average Bonus. The average of the two most recent annual bonuses paid to the Executive by the Company
Found in
CASI Pharmaceuticals, Inc. contract
Average Bonus. For any year, the average of the Participant's bonus received by the Participant in the two most recently completed calendar years or, if the Participant has not been in the employ of the Corporation for the 2 most recent completed calendar years, the amount the Participant would have been entitled to receive if the Participant had been employed for such period, with reference to the average bonuses received generally in the Participant's business unit for such period
Found in
COTT CORP contract
Average Bonus. The average amount in each of the Company's last three (3) completed fiscal years prior to the termination of employment (or if higher the last three (3) completed fiscal years prior to the Change in Control) awarded to an Eligible Executive as an annual bonus for such years (or if not employed on the last day of three prior completed fiscal years, the average over those fiscal years when employed on the last day of a fiscal year or, if no such dates, the average of the Average Bonus of all...
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Found in
Regeneron Pharmaceuticals contract
Average Bonus. Shall mean the average of the last three (3) bonuses paid to Executive under the Corporation's Management Incentive Compensation Plan immediately preceding the Change of Control.
Found in
Independent Bank Corp. contract
Average Bonus. The average of the annual cash bonuses, if any, for the two years (with respect to which bonuses are determined) prior to the year of termination
Found in
DCT Industrial Trust Inc. contract
Average Bonus. The average of the bonuses payable under the Company's annual bonus program, or any comparable annual bonus under any predecessor program, for the last three full fiscal years prior to the Change of Control, or if Employee was eligible to earn such a bonus for less than the last three full fiscal years, for the fiscal years during which Employee was eligible to earn such a bonus immediately prior to the Change of Control (and annualized in the event that Employee was not employed by the Company...
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Average Bonus. The average of the annual bonuses earned by a Participant for the two full fiscal years prior to the fiscal year in which the Participant's employment terminates; provided, that, if the Participant has been employed by the Company for only one full fiscal year prior to the year in which his or her employment terminates, then "Average Bonus" means the annual bonus earned by the Participant for such full fiscal year.
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