Common use of Full Annual Incentive for Year of Termination Clause in Contracts

Full Annual Incentive for Year of Termination. Immediately after the Date of Termination in a lump-sum in immediately available funds the greater of (i) Executive's Target Bonus, or (ii) the actual Annual Incentive Bonus paid or payable to Executive in respect of the Fiscal Year ended on or before the Date of Termination;

Appears in 4 contracts

Samples: Employment Agreement (Salton Inc), Employment Agreement (Salton Inc), Employment Agreement (Salton Inc)

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