Prorated Bonus

Prorated Bonus. Means a lump sum cash payment payable within ten (10) business days of the date of termination equal to the product of (x) the average Annual Bonus paid (whether deferred or paid in equity) to the Executive under the annual bonus plan of the Company for the last three (3) full fiscal years of the Company ending prior to the date of termination or such shorter number of years that the Executive has been employed by the Company and eligible to receive a full year bonus and (y) a fraction, the... numerator of which is the number of days in the current fiscal year through the date of termination and the denominator of which is three hundred and sixty-five (365). View More

Prorated Bonus. The target annual incentive (at $1.00 per unit) under the Corporations Management Incentive Compensation Program for the fiscal year in which the date of death or the determination of Permanent Disability occurs, prorated for the actual period of service for that fiscal year.

Prorated Bonus. A prorated portion of the cash bonus Executive earned in the fiscal year preceding the fiscal year in which Termination of Executive's Employment occurs (based on the number of days Executive was employed by the Company during the year of such Termination)