Common use of Partial Year; Proration Clause in Contracts

Partial Year; Proration. Any payments or benefits payable to the Executive hereunder in respect of any fiscal year of the Company during which the Executive is employed for less than the entire fiscal year shall, unless otherwise provided in the applicable benefit plan, be prorated in accordance with the number of days in such fiscal year during which the Executive is so employed.

Appears in 5 contracts

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

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