Common use of Bonus Severance Clause in Contracts

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: 150%] of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Control, whichever is greater.1

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: one hundred fifty percent (150%) / one hundred percent (100%)] of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: 150%] 100% of the Executive’s target annual bonus [bonus/commission opportunity at 100% of quota] as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Control, whichever is greater.1greater.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEOTier 1: 200%][Tier 150%][Tier 2: 150100%][Tier 3: 50%] of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 150%][Tier 2: 150100%][Tier 3: 75%]] of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: 150%] [ ]% of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: 150%] 200% of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Control, whichever is greater.1greater.

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 150%][Tier 2: 150100%] of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum cash payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: 150%] 100% of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as (disregarding any reduction(s) in effect immediately prior to the Change in Controltarget that would constitute Good Reason), whichever is greater.1less applicable withholdings.

Bonus Severance. A single, lump sum payment (payment, less applicable withholdings) , equal to [[CEO: 200%][Tier 2: 150%] 100% of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Control, whichever is greater.1occurs. 

Bonus Severance. A single, lump sum payment (less applicable withholdings) equal to [[CEO: 200%][Tier 2: one hundred fifty percent (150%] ) of the Executive’s target annual bonus as in effect for the fiscal year in which the Qualifying CIC Termination occurs or as in effect immediately prior to the Change in Controloccurs, whichever is greater.1less applicable withholdings.