Common use of Partial Year Bonus Clause in Contracts

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s prior Fiscal Year, the Company shall pay Employee a bonus payment calculated under Section 5 for the Fiscal Year in which the termination occurs, prorated based on the number of days that Employee was employed by the Company during the Fiscal Year in which the termination occurs. Any such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s independent public accountants, , but in any event within the two and one-half (2 1/2) month period immediately following such Fiscal Year.

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s prior Fiscal Year, the Company shall pay the Employee a bonus payment calculated under Section 5 5(a) for the Fiscal Year in which the termination occurs, prorated based on the number of days that the Employee was employed by the Company during the Fiscal Year in which the termination occurs. Any such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s independent public accountants, , but in any event within the two and one-half (2 1/2) month period immediately following such Fiscal Year.

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s prior Fiscal Year, the Company shall pay the Employee a bonus payment calculated under Section 5 4 for the Fiscal Year in which the termination occurs, prorated based on the number of days that the Employee was employed by the Company during the Fiscal Year in which the termination occurs. Any such Such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s independent public accountants, , but in any event within the two and one-half (2 1/2) month period immediately following such Fiscal Year.

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s 's prior Fiscal Year, the Company shall pay the Employee a bonus payment calculated under Section 5 for the Fiscal Year in which the termination occurs, prorated based on the number of days that the Employee was employed by the Company during the Fiscal Year in which the his termination occurs. Any such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s 's independent public accountants, , but in any event within the two and one-half (2 1/2) month period immediately following such Fiscal Year.

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s prior Fiscal Year, the Company shall pay Employee a bonus payment calculated under Section 5 4 for the Fiscal Year in which the termination occurs, prorated based on the number of days that Employee was employed by the Company during the Fiscal Year in which the termination occurs. Any such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s independent public accountants, , but in any event within the two and one-half (2 1/2) month period immediately following such Fiscal Year.

Partial Year Bonus. If the termination occurs more than one month after the end of the Company’s prior Fiscal Year, the Company shall pay the Employee a bonus payment calculated under Section 5 5(a) for the Fiscal Year in which the termination occurs, prorated based on the number of days that the Employee was employed by the Company during the Fiscal Year fiscal year in which the termination occurs. Any such payment shall be made within thirty (30) days following the receipt by the Company of audited financial statements for the Fiscal Year in which the termination occurs, certified by the Company’s independent public accountants, , but in any no event within later than March 15th of the two and one-half (2 1/2) month period calendar year immediately following such Fiscal Year.