Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 34 contracts
Samples: Termination Protection Agreement (Radioshack Corp), Termination Protection Agreement (Radioshack Corp), Termination Protection Agreement (Osullivan Industries Holdings Inc)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Highest Annual Bonus Amount multiplied by a fraction fraction, the numerator of which is the number of days elapsed in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 20 contracts
Samples: Severance Protection Agreement (Century Aluminum Co), Severance Protection Agreement (Century Aluminum Co), Severance Protection Agreement (Century Aluminum Co)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days months worked in the fiscal year through the Termination Date and the denominator of which is 36512. Any partial months shall be rounded to the nearest whole number using normal mathematical convention.
Appears in 15 contracts
Samples: Retention and Severance Agreement, Retention and Severance Agreement, Retention and Severance Agreement
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to 100% of the Bonus Amount target bonus that the Executive would have been eligible to receive for the Company's fiscal year in which the Executive's employment terminates, multiplied by a fraction fraction, the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365.
Appears in 10 contracts
Samples: Change in Control Agreement (Equity Office Properties Trust), Change in Control Agreement (Equity Office Properties Trust), Eqr Change in Control Agreement (Equity Residential Properties Trust)
Pro Rata Bonus. For purposes of this Agreement, "Pro “Pro-Rata Bonus" ” shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 10 contracts
Samples: Executive Agreement (Akorn Inc), Employment Agreement (Akorn Inc), Employment Agreement (Akorn Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year in which the Executive's Termination Date occurs that have elapsed through the Termination Date and the denominator of which is 365.
Appears in 9 contracts
Samples: Control and Severance Protection Agreement (Curtiss Wright Corp), Severance Protection Agreement (Curtiss Wright Corp), Severance Protection Agreement (Aldila Inc)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Bonus Amount maximum bonus Employee had an opportunity to earn pursuant to Section 4.2 multiplied by a fraction fraction, the numerator of which is shall be the number of days from the commencement of the fiscal year to the Termination Date, and the denominator of which shall be the number of days in the fiscal year through the Termination Date and the denominator of in which is 365Employee was terminated.
Appears in 7 contracts
Samples: Employment Agreement (IEH Corp), Employment Agreement (IEH Corp), Employment Agreement (IEH Corp)
Pro Rata Bonus. For purposes of this Agreement, -------------- "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365; provided, however, that the Pro Rata Bonus shall be reduced, but not below zero, to the extent of any bonus the Executive is entitled to receive pursuant to the Incentive Plan in respect of the fiscal year (denoted a "Performance Period" under the Incentive Plan) in which the Termination Date occurs.
Appears in 6 contracts
Samples: Severance Protection Agreement (Gpu Inc /Pa/), Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Pennsylvania Electric Co)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the Company's fiscal year in which Executive's employment terminates through the Termination Date and the denominator of which is 365.
Appears in 6 contracts
Samples: Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co), Severance Protection Agreement (Delta & Pine Land Co)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 5 contracts
Samples: Severance Agreement (Terayon Communication Systems), Change of Control Agreement (Mti Technology Corp), Severance Protection and Non Competition Agreement (Abc Bancorp)
Pro Rata Bonus. For purposes of this Agreement, "Pro Pro-Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 5 contracts
Samples: Compensation and Severance Agreement (Restoration Hardware Inc), Compensation Protection Agreement (Verio Inc), Compensation Protection Agreement (American Pharmaceutical Partners Inc /Ca/)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Bonus Amount multiplied by a fraction fraction, the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 4 contracts
Samples: Severance Protection Agreement (Heinz H J Co), Severance Agreement (Kyphon Inc), Severance Agreement (Kyphon Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365.
Appears in 4 contracts
Samples: Severance Protection Agreement (Pawnmart Inc), Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata -------------- Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365; provided, however, that the Pro Rata Bonus shall be reduced, but not below zero, to the extent of any bonus the Executive is entitled to receive pursuant to the Incentive Plan in respect of the fiscal year (denoted a "Performance Period" under the Incentive Plan) in which the Termination Date occurs.
Appears in 3 contracts
Samples: Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Pennsylvania Electric Co), Severance Protection Agreement (Gpu Inc /Pa/)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days months worked in the fiscal year through the Termination Date and the denominator of which is 36512. Any partial months shall be rounded to the nearest whole number using normal mathematical convention.
Appears in 3 contracts
Samples: Division President Severance Agreement (Hologic Inc), Senior Vice President Severance Agreement (Hologic Inc), Senior Vice President Severance Agreement (Hologic Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata BonusPRO RATA BONUS" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365.
Appears in 3 contracts
Samples: Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc), Severance Protection Agreement (Gadzooks Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Highest Annual Bonus Amount multiplied by a fraction fraction, the numerator of which is the number of days elapsed in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 2 contracts
Samples: Severance Protection Agreement (Century Aluminum Co), Severance Protection Agreement (Century Aluminum Co)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the greater of(i) the Bonus Amount or (H) an amount equal to the bonus objective or target established by the Board for the Executive for the fiscal year in which the termination occurs multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 1 contract
Samples: Severance Agreement (Teamstaff Inc)
Pro Rata Bonus. For purposes of this -------------- Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Termination Date and the denominator of which is 365; provided, however, that the Pro Rata Bonus shall be reduced, but not below zero, to the extent of any bonus the Executive is entitled to receive pursuant to the Incentive Plan in respect of the fiscal year (denoted a "Performance Period" under the Incentive Plan) in which the Termination Date occurs.
Appears in 1 contract
Samples: Severance Protection Agreement (Pennsylvania Electric Co)
Pro Rata Bonus. For purposes of this Agreement, "Pro -------------- Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 1 contract
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the greater of (i) the Bonus Amount or (ii) an amount equal to the bonus objective or target established by the Board for the Executive for the fiscal year in which the termination occurs multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 1 contract
Samples: Severance Agreement (Mylex Corp)
Pro Rata Bonus. For purposes of this Agreement, "“Pro Rata Bonus" ” shall mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days months worked in the 2014 fiscal year through the Termination Date prior to June 15, 2014 and the denominator of which is 36512. Any partial months shall be rounded to the nearest whole number using normal mathematical convention.
Appears in 1 contract
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction of the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.the
Appears in 1 contract
Samples: Severance Protection Agreement (General Semiconductor Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall -------------- mean an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 1 contract
Samples: Severance Protection and Non Competition Agreement (Abc Bancorp)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount (as defined above) that the Employee would have been entitled to receive in respect of the fiscal year in which such Employee's Termination Date occurs had he continued in employment until the end of such fiscal year, calculated as if all performance targets and goals (if applicable) had been fully met by the Employee for such year, multiplied by a fraction the numerator of which is the number of days in the such fiscal year through the Employee's Termination Date and the denominator of which is 365.
Appears in 1 contract
Samples: Severance Agreement (Vfinance Com)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" -------------- shall mean an the amount equal to the Bonus Amount bonus amount multiplied by a fraction fraction, the numerator of which is the number of days in the fiscal calendar year through the Termination Date termination date, and the denominator of which is 365.
Appears in 1 contract
Samples: Severance Agreement (Vidamed Inc)
Pro Rata Bonus. For purposes of this Agreement, "Pro Rata Bonus" shall mean an amount equal to the Bonus Amount multiplied by a fraction fraction, the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.
Appears in 1 contract