Common use of Cash Bonuses for Years Preceding the Year of Termination Clause in Contracts

Cash Bonuses for Years Preceding the Year of Termination. If any cash bonus pursuant to an Annual Incentive Plan in respect of a Performance Period which ended before the Year of Termination shall not have been paid to Executive on or before the Termination Date, the Company will pay Executive, promptly after the Termination Date, such bonus in the amount of Executive’s award earned for the Performance Period; provided, however, that if any such Annual Incentive Plan requires, as a condition to eligibility for payment, that a participant be employed by the Company on the date payment is made, then payment of the bonus under such Annual Incentive Plan for the Performance Period ended before the Year of Termination shall be made on the Commencement Date.

Cash Bonuses for Years Preceding the Year of Termination. If any cash bonus award pursuant to an Annual Incentive a Bonus Plan in respect of a Performance Period which ended before the Year of Termination shall not have been paid to Executive on or before the Termination Date, the Company will pay Executive, promptly within 15 days after the Termination Date, such bonus award in the amount of Executive’s award earned for the Performance Period; provided, however, that if any such Annual Incentive Bonus Plan requires, as a condition to eligibility for payment, that a participant be employed by the Company on the date payment is made, then payment of the bonus award under such Annual Incentive Bonus Plan for the Performance Period ended before the Year of Termination shall be made on the Commencement Date.