Target Cash Bonus

Example Definitions of "Target Cash Bonus"
Target Cash Bonus. With respect to any Participant, the product of (x) such Participant's base salary on December 31st of the Plan Year with respect to which a Cash Bonus Award is being considered times (y) such Participant's Target Cash Bonus Percentage times (z) a fraction, the numerator of which is the number of days that the Participant was employed by the Company during such Plan Year and the denominator of which is 365
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