Final Average Pay. The Executive’s Final Average Pay shall equal the average of the sum of the Executive’s Base Salary and Target Bonus for the three full calendar years preceding his termination of employment for any reason (or such smaller number of full calendar years that the Executive has worked as of his date of termination).
Appears in 3 contracts
Samples: Employment Agreement (Trinseo S.A.), Employment Agreement (Trinseo S.A.), Employment Agreement (Styron Canada ULC)
Final Average Pay. The Executive’s Final Average Pay shall equal the average of the sum of the Executive’s Base Salary and Target Bonus for the three full calendar years preceding his termination of employment for any reason (or such smaller number of full calendar years that the Executive has worked as of his date of termination or, if such termination occurs before the Executive has been employed with the Company for at least one full calendar year, the Base Salary and Target Bonus in effect at the time of termination).
Appears in 1 contract
Samples: Employment Agreement (Trinseo S.A.)
