Average Annual Bonus. “Average Annual Bonus” shall mean the average of Executive’s three annual cash bonuses (referred to as the iComp Performance Bonus) earned in the three fiscal years prior to the fiscal year in which the Date of Termination occurs.
Appears in 2 contracts
Samples: Employment Agreement (Allison Transmission Holdings Inc), Employment Agreement (Allison Transmission Holdings Inc)
Average Annual Bonus. “Average Annual Bonus” shall mean the average of Executive’s three annual cash bonuses (referred to as the iComp Performance Bonus) Bonuses earned in the three fiscal years prior to the fiscal year in which the Date of Termination occurs.
Appears in 2 contracts
Samples: Employment Agreement (Allison Transmission Holdings Inc), Employment Agreement (Allison Transmission Holdings Inc)
Average Annual Bonus. “Average Annual Bonus” shall mean " means the average of Executive’s three the annual cash bonuses (referred bonus paid to as the iComp Performance Bonus) earned in Executive during the three fiscal completed calendar years prior preceding the year of calculation or, if the Executive has been employed by the Company for less than three complete calendar years, the average of the annual bonus paid to the fiscal Executive during each completed calendar year in which preceding the Date year of Termination occurscalculation.
Appears in 1 contract
Samples: Executive Retention Agreement (KCI Animal Health, LLC)