Five-Year Average Actual Bonus

Example Definitions of "Five-Year Average Actual Bonus"
Five-Year Average Actual Bonus. The average of Executive's Actual Bonus payable under the Company's Management Incentive Plan, or such equivalent successor plan as may be adopted by the Company, for the five-year period ending on the last day of the Company's fiscal year immediately preceding the fiscal year of Executive's Termination; provided, however, if Executive had not been employed for the entire five-year period, 'Five-Year Average Actual Bonus' shall mean the average of Executive's Actual Bonus payable over his... actual period of employment View More
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