Pro-Rata Annual Cash Incentive

Example Definitions of "Pro-Rata Annual Cash Incentive"
Pro-Rata Annual Cash Incentive. An Eligible Employee's annual cash incentive for the year of the Effective Date of Termination, which shall be determined based on the Eligible Employee's annual cash incentive that would have been payable to the Eligible Employee had the Eligible Employee remained employed for the full year in which Effective Date of Termination occurs, based on actual performance, multiplied by a fraction, the numerator of which is the number of days in which the Eligible Employee was employed by Company... during the year in which the Effective Date of Termination occurs, and the denominator of which is three hundred sixty-five (365) View More
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