Covered Bonus

Example Definitions of "Covered Bonus"
Covered Bonus. The average of the actual cash bonuses paid to the Executive for the five years prior to the year of the Executive's employment termination from the Company (but in no event greater than the target bonus for the year in which the termination or resignation of employment occurs). Covered Bonus will be calculated over a shorter period if the Executive has been employed for a shorter period.
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