Common use of Amount of the Retention Bonus Clause in Contracts

Amount of the Retention Bonus. If the Executive becomes entitled thereto as provided in Section 2.1, the cash component of the Retention Bonus shall be $187,500 (i.e., 75% of the Executive’s base annual salary in effect on the Effective Date); provided, however, that in the event of a Change in Control prior to the expiration of the Retention Period the cash component of the Retention Bonus shall be a pro rata portion of $375,000 (i.e., 150% of the Executive’s base annual salary on the Effective Date), determined based on the ratio that the number of days between the Effective Date and the occurrence of the Change in Control bears to the number of days between the Effective Date and the expiration of the Retention Period.

Amount of the Retention Bonus. If the Executive becomes entitled thereto as provided in Section 2.1, the cash component of the Retention Bonus shall be $187,500 100,000 (i.e., 7550% of the Executive’s base annual salary in effect on the Effective Date); provided, however, that in the event of a Change in Control prior to the expiration of the Retention Period the cash component of the Retention Bonus shall be a pro rata portion of $375,000 200,000 (i.e., 150100% of the Executive’s base annual salary on the Effective Date), determined based on the ratio that the number of days between the Effective Date and the occurrence of the Change in Control bears to the number of days between the Effective Date and the expiration of the Retention Period.