Common use of Accrued Bonuses Clause in Contracts

Accrued Bonuses. The Company shall pay to Executive (or his estate) any accrued and unpaid bonuses in respect of years ending prior to the date of termination, and a pro rata bonus for the portion of the year preceding the date of termination in the actual amount that would have been earned based on the Company's actual performance for the year,

Appears in 4 contracts

Samples: Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)

AutoNDA by SimpleDocs

Accrued Bonuses. The Company shall pay to Executive (or his estate) in a lump sum at the time of his termination any accrued and unpaid bonuses in respect of years ending prior to the date of termination, and a pro rata bonus for the portion of the year preceding the date of termination in the actual amount that would have been earned based on the Company's ’s actual performance for the year,.

Appears in 1 contract

Samples: Employment Agreement (Genesis Health Ventures Inc /Pa)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!