Accrued Bonus. The Company will pay you a lump sum equal to your annual target bonus in the year of your Separation, pro-rated based on the number of days that you are employed during the year of your Separation. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, such payment will be made within sixty (60) days after your Separation; however, if such sixty (60)-day period spans two calendar years, then the payment will be made in the second calendar year.
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Samples: Employment Agreement (Boingo Wireless Inc), Employment Agreement (Boingo Wireless Inc)
Accrued Bonus. The Company will pay you a lump sum equal to your annual target bonus in the year of your Separation, pro-rated based on the number of days that you are employed during the year of your Separation. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, such payment will be made within sixty (60) days after your Separation; however, if such sixty (60)-day period spans two calendar years, then the payment will be made in the second calendar year.
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Accrued Bonus. The Company will pay you a lump sum equal to your annual target bonus in the year of your Separation, pro-rated based on the number of days that you are employed during the year of your Separation. Subject to the Company’s having first received an effective Release pursuant to Section 5(a) above, Xxxxx Xxxxxxxx April 1, 2013 such payment will be made within sixty (60) days after your Separation; however, if such sixty (60)-day period spans two calendar years, then the payment will be made in the second calendar year.
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