Prior-Year Bonus

Example Definitions of "Prior-Year Bonus"
Prior-Year Bonus. Means, with respect to any Participant, the Participant's earned but unpaid annual cash performance bonus, if any, for the Company's fiscal year ending immediately prior to the fiscal year in which the Date of Termination occurs. For clarity, if the Date of Termination occurs on or after the date on which the Company pays annual cash performance bonuses for the Company's fiscal year ending immediately prior to the fiscal year in which the Date of Termination occurs, then there shall be no... Prior-Year Bonus. View More
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