Common use of Calculation of Bonus Clause in Contracts

Calculation of Bonus. For purposes of Section 4.1(b) and Section 4.2(b) above, the pro-rated portion of the Annual Bonus referenced in such sections shall be determined by multiplying such Annual Bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive was employed and the denominator of which shall be 365.

Appears in 3 contracts

Samples: Employment Agreement (Gemstar Tv Guide International Inc), Employment Agreement (Gemstar Tv Guide International Inc), Employment Agreement (Gemstar Tv Guide International Inc)

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Calculation of Bonus. For purposes of Section 4.1(bSections 4(a), 4(b) and Section 4.2(b) above4(d), the pro-rated portion of the Annual Bonus annual bonus referenced in such sections sections, if any, shall be determined by multiplying such Annual Bonus annual bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive Employee was employed and the denominator of which shall be 365.

Appears in 2 contracts

Samples: Agreement (Gemstar Tv Guide International Inc), Agreement (Gemstar Tv Guide International Inc)

Calculation of Bonus. For purposes of Section 4.1(b) and Section 4.2(b3.1(b)(ii) above, the pro-rated portion of the Annual Bonus annual bonus referenced in such sections section shall be determined by multiplying such Annual Bonus annual bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive was employed and the denominator of which shall be 365.

Appears in 1 contract

Samples: Employment Agreement (Directv Group Inc)

Calculation of Bonus. For purposes of Section 4.1(b4.1 (b) and Section 4.2(b) above, the pro-rated portion of the Annual Bonus annual bonus referenced in such sections shall be determined by multiplying such Annual Bonus annual bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive was employed and the denominator of which shall be 365.

Appears in 1 contract

Samples: Employment Agreement (Directv Group Inc)

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Calculation of Bonus. For purposes of Section 4.1(b) and Section 4.2(b4.1(b)(ii) above, the pro-rated portion of the Annual Bonus annual bonus referenced in such sections section shall be determined by multiplying such Annual Bonus annual bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive was employed and the denominator of which shall be 365.

Appears in 1 contract

Samples: Employment Agreement (Directv)

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