Cash Performance Bonus. You will be eligible to receive a special cash performance bonus (your "CASH PERFORMANCE BONUS") as described in the Schedule. You will receive your Cash Performance Bonus on or shortly following the end of the Compensation Period only if you are an employee of the Company on the last day of your Compensation Period. Additionally, you shall receive a prorated portion of your maximum Cash Performance Bonus if you are involuntarily terminated by the Company without "Cause" (as defined in the Schedule) or you cease to be an employee of the Company prior to the applicable payment date as a result of death or physical or mental disability. You shall not receive any portion of your Cash Performance Bonus if you cease to be an employee of the Company prior to the applicable payment date if the Company terminates your employment for Cause.
Appears in 5 contracts
Samples: Employment Agreement (Intermagnetics General Corp), Employment Agreement (Intermagnetics General Corp), Employment Agreement (Intermagnetics General Corp)
