Pro Rata Bonus Amount

Example Definitions of "Pro Rata Bonus Amount"
Pro Rata Bonus Amount. Shall mean an amount equal to the annual bonus paid to the Executive for the year prior to the year in which the Executive's employment is terminated, multiplied by a fraction, the numerator of which is the number of days elapsed from the beginning of the bonus period through and including the Termination Date, and the denominator of which is 365.
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