Common use of Payment from Bonus Pool Clause in Contracts

Payment from Bonus Pool. Employer shall pay to Executive, when the same would ordinarily be paid, (i) all amounts accrued in the Bonus Pool by Executive with respect to years preceding the year in which termination due to disability of Executive occurs and (ii) the pro-rated bonus payable with respect to the year in which termination due to the disability of Executive occurs.

Appears in 10 contracts

Samples: Employment Agreement (Odyssey Re Holdings Corp), Employment Agreement (Odyssey Re Holdings Corp), Employment Agreement (Odyssey Re Holdings Corp)

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Payment from Bonus Pool. Employer shall pay to Executive, when the same would ordinarily be paid, (i) all amounts accrued in the Bonus Pool by Executive with respect to years preceding the year in which termination due to disability of employment of Executive occurs and (ii) the pro-rated bonus payable with respect to the year in which termination due to the disability of employment of Executive occurs.

Appears in 1 contract

Samples: Employment Agreement (Odyssey Re Holdings Corp)

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