Historic Bonus Amount

Historic Bonus Amount. The average of the Executive's actual bonus paid by the Company, Sabine Oil & Gas LLC ("Sabine LLC"), or their respective affiliates for the three years preceding the Termination Event; provided, however, if the Executive has been employed less than three full years, then the Historic Bonus Payment shall be equal to the average of any annual bonuses received by the Executive (or, if only one annual bonus has been received, the amount of that bonus) from the Company, Sabine LLC, or their... respective affiliates since the Executive's employment with the Company, Sabine LLC, or their respective affiliates began; provided, further, if the Executive has not yet received an annual bonus payment from the Company, Sabine LLC, or their respective affiliates, the Historic Bonus Amount shall be equal to the Executive's annual base salary that is effective as of the Termination Event. View More