Pro Rata Bonus
Pro Rata Bonus. An amount equal to 100% of the Target Bonus that the Executive would have been eligible to receive for the Company's fiscal year in which the Executive's employment terminates following a Change of Control, multiplied by a fraction, the numerator of which is the number of days in such fiscal year through the Termination Date and the denominator of which is 365.
Found in
On Assignment contract
Pro Rata Bonus. Means an amount equal to the Performance Bonus that an Eligible Individual would have been entitled to receive for the calendar year of termination, multiplied by a fraction, the numerator of which is the number of days during which the Eligible Individual was employed by the Company in the calendar year of termination, and the denominator of which is 365.
Found in
Oasis Petroleum contract
Pro Rata Bonus. An amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Found in
Akorn contract
Pro Rata Bonus. An amount equal to the Bonus multiplied by a fraction the numerator of which is the number of months worked in the 2014 fiscal year prior to June 15, 2014 and the denominator of which is 12. Any partial months shall be rounded to the nearest whole number using normal mathematical convention.
Found in
Hologic contract
Pro Rata Bonus. Means the product of (a) the actual Bonus for fiscal year in which the Date of Termination occurs, as determined by the compensation committee of the Board based on actual performance for the year relative to the preestablished targets, (b) multiplied by a fraction, the numerator of which is the number of days in such fiscal year up to and including the Date of Termination and the denominator of which is 365.
Found in
Leidos Holdings, Inc contract
Pro Rata Bonus. The term "Pro-Rata Bonus" means the Target Bonus multiplied by a fraction, the numerator of which is the number of days the Executive was employed by the Company during the year of termination and the denominator of which is 365.
Found in
Verisk Analytics contract
Pro Rata Bonus. An amount equal to the Highest Annual Bonus multiplied by a fraction, the numerator of which is the number of days elapsed in the fiscal year through the Termination Date and the denominator of which is 365
Found in
Century Aluminum Company contract
Pro Rata Bonus. The Covered Executive's Target Bonus for the year of termination multiplied by a fraction (x) the number of which is the number of days in the calendar year up to the Date of Termination and (y) the denominator of which is 365
Found in
DCT Industrial Trust Inc. contract
Pro Rata Bonus. A pro-rata portion of the Executive's bonus for the calendar year in which a Termination Event occurs. All bonuses that were designed to be based upon performance criteria shall be calculated using actual performance levels at the end of the performance period, but pro-rated for the number of days that the Executive was providing services to the Company during the performance period.
Found in
SABINE OIL & GAS CORP contract
Pro Rata Bonus. An amount equal to the Applicable Performance Bonus, multiplied by a fraction, the numerator of which is the number of days during which the Eligible Individual was employed by the Company in the fiscal year of termination, and the denominator of which is 365.
Found in
CSW INDUSTRIALS, INC. contract
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