Common use of Post-Termination Bonus Clause in Contracts

Post-Termination Bonus. For the purposes of this Agreement, the “Post-Termination Bonus” shall be a pro-rata share of the Target Bonus for the calendar year in which the termination occurs; provided that if the termination occurs in the twelve (12) month period following a Change in Control, the Post-Termination Bonus shall be equal to the Target Bonus for the calendar year in which such termination occurs.

Appears in 20 contracts

Samples: Employment Agreement (Kiniksa Pharmaceuticals, Ltd.), Employment Agreement (Kiniksa Pharmaceuticals, Ltd.), Employment Agreement (Kiniksa Pharmaceuticals, Ltd.)

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Post-Termination Bonus. For the purposes of this Agreement, the Post-Termination Bonus” Bonus shall be a pro-rata share of the Target Bonus for the calendar year in which the termination occurs; provided provided, that if the termination occurs in the twelve (12) month period following during a Change in ControlControl Period, the Post-Termination Bonus shall be equal to the Target Bonus for the calendar year in which such termination occurs.

Appears in 7 contracts

Samples: Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp)

Post-Termination Bonus. For the purposes of this Agreement, the “Post-Termination Bonus” shall be a pro-rata share of the Target Bonus for the calendar year in which the termination occurs; provided that if the termination occurs in the twelve (12) month period following a Change in Control, the Post-Termination Bonus shall be equal to the Target Bonus for the calendar year in which such termination occurs.

Appears in 2 contracts

Samples: Employment Agreement (Kiniksa Pharmaceuticals, Ltd.), Employment Agreement (Kiniksa Pharmaceuticals, Ltd.)

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Post-Termination Bonus. For the purposes of this Agreement, the Post-Termination Bonus” Bonus shall be a pro-rata share of the Target Bonus for the calendar year in which the termination occurs; provided that if the termination occurs in the twelve (12) month period following a Change in Control, the Post-Termination Bonus shall be equal to the Target Bonus for the calendar year in which such termination occurs.

Appears in 1 contract

Samples: Employment Agreement (Synageva Biopharma Corp)

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