Maximum Bonus Opportunity
Maximum Bonus Opportunity. Shall be calculated as follows: If the Change of Control occurs in the first half of the fiscal year, the Maximum Bonus Opportunity will be the greater of the bonus paid for the prior fiscal year or the bonus which is payable for the year in which the Change of Control takes place. If the Change of Control takes place in the second half of the fiscal year, the Maximum Bonus Opportunity will be the bonus which is payable for the year in which the Change of Control takes place.
Found in
REDDY ICE GROUP INC contract
Maximum Bonus Opportunity. Shall mean the maximum cash bonus payable to the Executive by the Company.
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