Common use of Payment of Bonus Clause in Contracts

Payment of Bonus. Within fifteen (15) days of such termination, the Company shall pay to the Executive his Target Bonus pursuant to Section 3(b), prorated for the number of days of employment completed by the Executive during the year in which his employment terminated.

Appears in 7 contracts

Samples: Release Agreement (Redwood Trust Inc), Release Agreement (Redwood Trust Inc), Release Agreement (Redwood Trust Inc)

AutoNDA by SimpleDocs

Payment of Bonus. Within fifteen (15) days of such termination, the Company shall pay to the Executive his Target Bonus pursuant to Section 3(b)3(d) for the year of termination, prorated for the number of days of employment completed by the Executive during the year in which his employment terminated.;

Appears in 3 contracts

Samples: Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.)

AutoNDA by SimpleDocs

Payment of Bonus. Within fifteen (15) days of such termination, the The Company shall pay to the Executive his Target Bonus for the year of his termination pursuant to Section 3(b3(d), prorated for the number of days of employment completed by the Executive during the year in which his employment terminated.terminated and, payable in lump sum forty-five (45) days after termination provided Executive has signed and not revoked a release in accordance with Section 7(d); and

Appears in 3 contracts

Samples: Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.)

Time is Money Join Law Insider Premium to draft better contracts faster.