Common use of Partial Year Bonus Clause in Contracts

Partial Year Bonus. For purposes of this Agreement, a Partial Year Bonus is an amount equal to the target Annual Cash Incentive compensation that would have become payable to Executive for that year multiplied by a fraction the numerator of which is the number of days Executive was employed in the year of termination and the denominator of which is the total number of days in the year of termination.

Partial Year Bonus. For purposes of this Agreement, a “Partial Year Bonus is Bonus” shall mean an amount equal to the target product of (a) the Executive’s Full-Year Target Annual Cash Incentive compensation that would have become payable to Executive for that the fiscal year multiplied by in which the Executive’s employment terminates and (b) a fraction fraction, the numerator of which is the number of days Executive was employed in the current fiscal year of termination through the Executive’s Termination Date, and the denominator of which is the total number of days in the year of termination365.

Partial Year Bonus. For purposes of this Agreement, a “Partial Year Bonus is Bonus” shall mean, in the case of a termination on account of death or Disability, without Cause or for Good Reason, an amount equal to the target product of (i) the Executive’s Full-Year Target Annual Cash Incentive compensation that would have become payable to Executive for that the fiscal year multiplied by in which the Executive’s employment terminates and (ii) a fraction fraction, the numerator of which is the number of days Executive was employed in the current fiscal year of termination through the Executive’s Termination Date, and the denominator of which is the total number of days in the year of termination365.