Common use of 2017 Bonus Clause in Contracts

2017 Bonus. The Company will pay you the 2017 Bonus in the amount of $3,200,000. The 2017 Bonus will be paid in a cash lump sum as soon as administratively practicable following the date the Release becomes effective (but in no event later than the second regularly scheduled Company payroll date thereafter). You acknowledge that payment of the 2017 Bonus will be in full satisfaction of any amounts that would otherwise be payable under Section 6(c)(3) of your Employment Agreement.

2017 Bonus. The Company will pay you the 2017 Bonus in the amount of $3,200,0006,000,000. The 2017 Bonus will be paid in a cash lump sum sum, and in accordance with wire instructions that you have provided to the Company, as soon as administratively reasonably practicable following the date the Release becomes effective (but in no event later than the second regularly scheduled Company payroll date thereafterfollowing the date the Release becomes effective). You acknowledge that payment of the 2017 Bonus will be in full satisfaction of any amounts that would otherwise be payable under Section 6(c)(3) of your Employment Agreement.

2017 Bonus. The Company will pay you the 2017 Bonus in the amount of $3,200,0001,500,000. The 2017 Bonus will be paid in a cash lump sum as soon as administratively practicable following the date the Release becomes effective (but in no event later than the second regularly scheduled Company payroll date thereafter). You acknowledge that payment of the 2017 Bonus will be in full satisfaction of any amounts that would otherwise be payable under Section 6(c)(3) of your Employment Agreement.