Common use of Incentive or Bonus Clause in Contracts

Incentive or Bonus. The Company will pay to the Executive the amount of bonus or incentive pay, if any, paid to the Executive in the year prior to the year of termination, prorated in proportion to the number of months in the year before the termination and increased by a percentage equal to the percentage increase in any such bonus over the preceding year.

Incentive or Bonus. The Company will pay to the Executive the amount of bonus or incentive pay, if any, paid to the Executive in the year prior to the year of termination, prorated in proportion to the number of months in the year before the termination and increased by a percentage equal to the percentage increase in any such bonus over the preceding yeartwo years.