Bonus Shortfall Event

Example Definitions of "Bonus Shortfall Event"
Bonus Shortfall Event. Means if (a) there shall occur a Termination of Employment at any time prior to the Bonus Date and for any reason or (b) the Actual Bonus Amount is less than the Purchase Price paid by the Stockholder.
Found in CSAV Holding Corp. contract
Bonus Shortfall Event. Means if (a) there shall occur a Termination of Employment at any time prior to the Bonus Date and for any reason or (b) the Actual Bonus Amount is less than the principal amount of the Note outstanding at the time the Actual Bonus Amount is paid to the Stockholder.
Found in CSAV Holding Corp. contract
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