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Common use of Bonus Amount Clause in Contracts

Bonus Amount. For purposes of this Agreement, "Bonus Amount" shall mean the Executive's highest annual bonus earned (whether paid or unpaid) during any one of the last five fiscal years that ended prior to the Change in Control (or, in each case, such lesser period for which annual bonuses were paid or payable to the Executive).

Appears in 6 contracts

Samples: Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co)

Bonus Amount. For purposes of this Agreement, "Bonus Amount" shall mean the Executive's highest annual bonus earned (whether paid or unpaid) during any one of the last five fiscal years that ended prior to the Change in Control CIC Date (or, in each case, such lesser period for which annual bonuses were paid or payable to the Executive).

Appears in 4 contracts

Samples: Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co)