Common use of Bonus Payment Clause in Contracts

Bonus Payment. Executive will receive a lump-sum severance payment equal to one hundred percent (100%) of the higher of (i) Executive’s target bonus as in effect for the fiscal year in which the Change of Control occurs or (ii) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination occurs.

Bonus Payment. Executive will receive a lump-sum severance payment equal to one hundred percent (100%) of the higher of (ix) Executive’s target bonus as in effect for the fiscal year in which the Change of Control occurs or (iiy) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination occurs.

Bonus Payment. Executive will receive a lump-lump sum severance payment equal to one hundred percent (100%) of the higher of (ix) Executive’s target bonus as in effect for the fiscal year in which the Change of Control occurs or (iiy) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination occurs.

Bonus Payment. Executive will receive a lump-lump sum severance payment equal to one hundred percent (100( %) of the higher of (i) Executive’s full target bonus for the fiscal year in effect at the date of such termination of employment (or, if greater, as in effect for the fiscal year in which the Change of in Control occurs or (ii) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination occurs), less all required tax withholdings and other applicable deductions.