Pro Rata Bonus
Pro Rata Bonus. Shall mean 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
INTERCEPT INC contract
Pro Rata Bonus. Shall mean an amount equal to sixty percent (60%) of the Executive's current Base Salary, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company and the denominator of which is 365.
Found in
STATION CASINOS INC contract
Pro Rata Bonus. Means the amount equal to the product of (i) the amount of the Annual Bonus (as defined in Section 3(b)(ii)), if any, to which Employee would have been entitled for the calendar year in which Employee's Date of Termination occurs if Employee's employment were not terminated during such calendar year, multiplied by (ii) a fraction, the numerator of which is the number of days that have elapsed since the beginning of such calendar year through (but not including) Employee's Date of Termination,...
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Found in
ODYSSEY HEALTHCARE INC 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 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, 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.
Pro Rata Bonus. As to any fiscal year of the Company in which the Executive's employment with the Company is terminated, shall mean an amount equal to the product of (1) the number of calendar days which the Executive was employed by the Company during such fiscal year, divided by 365, multiplied by (2) (A) the Target Bonus for the year in which the termination occurs if the termination occurs during the Protected Period, or (B) the Executive's actual bonus, as provided in the Company's Annual Incentive Plan...
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EnergySolutions, Inc. 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. Means the Annual Incentive Bonus, if any, awarded to Executive consistent with the compensation practices established by the Committee with respect to other former executive level employees of Company with respect to the Fiscal Year in which Executive's employment terminates based on (i) the Company's actual financial performance against such financial performance targets as may have been set by the Committee for such Fiscal Year and (ii) the portion of such Fiscal Year during which Executive...
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Found in
Anixter International Inc. contract
Pro Rata Bonus. The sum of (i) the pro rata portion (calculated as if the "target" amount under such plan has been reached) under any current annual incentive plan from the beginning of the year of termination through the date of termination and (ii) if and to the extent Executive is vested under any long-term incentive plan that provides for such pro-rata vesting, the pro rata portion (calculated as if the "target" amount under such plan has been reached) under any such long-term incentive plan or performance...
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Found in
Office Depot Inc contract