Common use of Bonus Severance Clause in Contracts

Bonus Severance. A single, lump sum, cash payment equal to 100% of Executive’s Target Bonus for the calendar year in which the Qualifying CIC Termination occurs multiplied by a fraction, the numerator of which is the number of days the Executive was employed during the calendar year in which their termination occurred and the denominator of which is 365.

Bonus Severance. A single, lump sum, cash sum payment equal to 100% the product of (A) the Executive’s Target Bonus target annual bonus as in effect for the calendar fiscal year in which the Qualifying CIC Termination occurs, multiplied by (B) a ratio where the numerator is the number of full days during the fiscal year in which the Qualifying CIC Termination occurs multiplied by a fraction, the numerator of which is the number of days that the Executive was employed during by the calendar year in which their termination occurred Company and the denominator of which is three hundred and sixty five (365), less applicable withholdings.

Bonus Severance. A single, lump sumsum payment, cash payment less applicable withholdings, equal to 100(A) 50% of the Executive’s Target Bonus target annual bonus as in effect for the calendar fiscal year in which the Qualifying CIC Termination occurs, plus (B) an additional 8.33% of the Executive’s target bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs multiplied by a fraction, the numerator for each year of which is the number of days employment the Executive was employed during has provided to the calendar year in which their termination occurred and Company prior to the denominator Qualifying CIC Termination (with any partial years of which is 365employment rounded up to a whole year), not to exceed 100%.

Bonus Severance. A single, lump sum, cash sum payment equal to one hundred percent (100% %) of the Executive’s Target Bonus target annual bonus as in effect for the calendar fiscal year in which the Qualifying CIC Termination occurs occurs, multiplied by a fraction, the numerator of which is the number of days between (and including) the Executive was employed during start of the calendar fiscal year in which their the termination occurred occurs and the date of termination and the denominator of which is 365, less applicable withholdings.

Bonus Severance. A single, lump sumsum payment, cash payment less applicable withholdings, equal to (A) 100% of the Executive’s Target Bonus 's target annual bonus as in effect for the calendar fiscal year in which the Qualifying CIC Termination occurs, plus (B) an additional 8.33% of the Executive's target bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs multiplied by a fraction, the numerator for each year of which is the number of days employment the Executive was employed during has provided to the calendar year in which their termination occurred and Company prior to the denominator Qualifying CIC Termination (with any partial years of which is 365employment rounded up to a whole year), not to exceed 200%.

Bonus Severance. A single, lump sum, cash sum payment equal to 100% [ ]of the Executive’s Target Bonus target annual bonus as in effect for the calendar fiscal year in which the Qualifying CIC Termination occurs multiplied by a fractionoccurs, the numerator of which is the number of days the Executive was employed during the calendar year in which their termination occurred and the denominator of which is 365less applicable withholdings.