ProRated Bonus Amount

ProRated Bonus Amount. "Pro-Rated Bonus Amount" means any accrued but unpaid bonus for a completed bonus period, plus a pro-rated portion of the greater of (i) the average of the Executive's semi-annual bonus for the previous two similar seasons or (ii) the Executive's par target (100%) criteria semi-annual bonus for the current semi-annual season calculated as of the Change in Control date. In the case of a semi-annual bonus, the portion shall be the amount of semi-annual bonus paid or payable to the Executive with... respect to the bonus period in which the Change in Control occurs, assuming the greater of criteria (i) or (ii) applied, pro-rated by multiplying such amount by a fraction, the numerator of which is the number of days during the bonus period in which the Change in Control occurs prior to the occurrence of the Change in Control, and the denominator of which shall be one hundred eighty-two and one-half (182-1/2). View More