Pro-Rated Bonus

Example Definitions of "Pro-Rated Bonus"
Pro-Rated Bonus. Except as provided in the next sentence, "Pro-Rated Bonus" means a pro-rata portion of Executive's actual Bonus for the calendar year in which the termination of Executive's employment occurs, with the pro-ration based on the number of whole months during such calendar year Executive was employed with the Company and with Executive's actual Bonus for such year determined reasonably by the Board based on the applicable Bonus program in effect for such year and assuming Executive's employment had... not ended. If the termination of Executive's employment occurs during a Change in Control Period, "Pro-Rated Bonus" means a pro-rata portion of Executive's Target Bonus for the calendar year in which the termination of Executive's employment occurs, with the pro-ration based on the number of whole months during such calendar year Executive was employed with the Company. View More
Pro-Rated Bonus. For purpose of Section 3(f)(ii), the amount of the Executive's annual bonus for the fiscal year of termination of his employment, determined based on actual results as if he had remained employed for the entire required service period, but pro-rated by multiplying such bonus amount by a fraction, the numerator of which shall equal the number of days the Executive was employed during such fiscal year and the denominator of which is equal to 365
Pro-Rated Bonus. A cash amount equal to either (i) in the case of a Covered Termination during the Change in Control Period, the Covered Employee's Target Bonus, or (ii) in the case of a Death/Disability Termination or Retirement, the Covered Employee's annual bonus earned based on actual performance; in each case (i) or (ii), with respect to the annual bonus otherwise payable under the Annual Bonus Program for the fiscal year in which the Covered Employee's termination of employment occurred and pro-rated for... the Covered Employee's months of service during the applicable fiscal year, up to and including the month of termination. View More
Pro-Rated Bonus. An amount equal to the Bonus that would otherwise be payable to the Participant for a Performance Period in which the Participant was actively employed by the Company or an Affiliate based on actual performance, multiplied by a fraction, the numerator of which is the number of days the Participant was actively employed by the Company or an Affiliate during the Performance Period and the denominator of which is the number of days in the Performance Period
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