Common use of All Accrued Compensation and Accrued Benefits Clause in Contracts

All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment the amount of which will be the amount of Executive’s annual bonus earned for the prior fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation that transpired before the Date of Termination, and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

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All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment for the amount year in which Executive’s termination of which will be employment due to Total Disability occurs equal to the amount of Executive’s annual target bonus earned for the prior then-current fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation that transpired before the Date of Termination, Termination and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment for the amount year in which the Date of which will be Termination occurs equal to the amount of Executive’s annual target bonus earned for the prior then-current fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation that transpired before the Date of Termination, Termination and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment the amount of which will be the amount of Executive’s annual target bonus earned for the prior then-current fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation termination that transpired before the Date of Termination, and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

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All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment for the amount year in which Executive’s termination of which will be employment due to Total Disability occurs equal to the amount of Executive’s annual bonus earned for the prior fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation that transpired before the Date of Termination, Termination and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

All Accrued Compensation and Accrued Benefits. (ii) A pro-rata bonus payment the amount of which will be the amount of Executive’s annual bonus earned for the prior fiscal year multiplied by a fraction, the numerator of which is the number of days during the year of his Permitted Resignation termination that transpired before the Date of Termination, and the denominator of which is three hundred sixty-five (365). The bonus payment will be paid to Executive as soon as practicable following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Human Genome Sciences Inc)

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