Pro-Rated Annual Bonus. A single lump-sum cash payment equal to the Executive’s then target annual bonus, multiplied by a fraction, the numerator of which is the number of days in the Company’s fiscal year prior to and including the date of Executive’s termination of employment and the denominator of which is 365.
Pro-Rated Annual Bonus. The Company shall pay the Executive a pro-rata portion of her Annual Bonus payment for the then-current fiscal year. The pro-rata Annual Bonus calculation shall assume that the Executive attained 100% of the performance target established for the then-current fiscal year and then will be prorated for the time the Executive actually remained employed during the then-current fiscal year.
Pro-Rated Annual Bonus. Employer shall pay Employee a pro-rated portion, based on the Termination Date, of Employee’s target annual cash incentive bonus for Employer’s fiscal year during with the Termination Date occurs, based on the portion of such fiscal year Employee was employed by the Company prior to the Termination Date, less normal payroll withholdings, payable to Employee in a lump sum no later than sixty (60) calendar days after the Termination Date.
Pro-Rated Annual Bonus. Pro-Rated Annual Bonus" shall mean the annual bonus amount the Executive would be entitled to receive for the fiscal year in which the Executive’s employment terminates, based on the actual achievement of the applicable Company performance goals for such year (and with any subjective goals treated as achieved at not less than target, and without the application of any negative discretion by the Board) as determined as of the end of the fiscal year, prorated based on the number of days Executive was employed during the fiscal year of Executive’s termination, paid at the same time as the Company pays annual bonuses for such fiscal year to other executives.
Pro-Rated Annual Bonus. If the Executive has completed at least six (6) months of employment during the fiscal year, a lump sum amount equal to the annual bonus that would have become payable in cash to the Executive for that fiscal year if Executive’s employment had not terminated and based on achievement at the target level of performance, multiplied by a fraction, the numerator of which is the number of days the Executive was employed in the fiscal year of termination and the denominator of which is the total number of days in the fiscal year of termination, payable within 60 days of Executive’s Termination Date.
Pro-Rated Annual Bonus. The Company shall pay Executive a pro- rated annual bonus for the year of Executive ’s separation in the amount of $393,208, less applicable withholdings, which shall be paid as soon as administratively possible following the Separation Date.
Pro-Rated Annual Bonus. Subject to Section 5.1(a) of this Agreement, the Company shall pay to the Executive within thirty (30) days after the Entitlement Date in a lump-sum payment, in cash, an amount equal to the Executive's maximum Annual Bonus for the fiscal year in which the Entitlement Date occurs, prorated with the numerator being the number of months in the fiscal year to the Entitlement Date (including the month in which the Entitlement Date occurs as a full month) and the denominator being 12. This payment will be in lieu of any right of the Executive to receive an Annual Bonus for the fiscal year in which the Entitlement Date occurs.
Pro-Rated Annual Bonus. Subject to the achievement of the applicable performance conditions for fiscal year 2021, as determined by the Compensation Committee of the Board of Directors of the Company, payment of the annual bonus that you would otherwise have earned in respect of fiscal year 2021, pro-rated to reflect the number of days you are employed during fiscal year 2021, such amount to be paid at the same time it would otherwise be paid to you had no termination occurred, but in no event later than April 15, 2021. For the avoidance of doubt, the Award Vesting shall be limited to the Restricted Stock Unit Awards and Restricted Stock Awards, as applicable, granted to you on each of March 27, 2017, March 27, 2018, April 5, 2018, and March 26, 2019, of which awards in respect of 1,413, 2,295, 11,788 and 5,094 shares of common stock of the Company are expected to be unvested as of your Separation Date, respectively.
Pro-Rated Annual Bonus. The Executive shall be eligible to receive a pro-rated annual bonus for the fourth quarter of fiscal year 2019 with a target amount equal to 25% of the target amount of the Executive’s Annual Bonus described in Section 2(b) (the “2019 Bonus”). The amount of the 2019 Bonus shall be determined based on the attainment of objectives determined by the Compensation Committee, after good faith consultation with the Executive. Any 2019 Bonus shall be paid to the Executive no later than March 15, 2020; provided that the Executive remains employed by the Employer through December 31, 2019 and provided further that in no event shall the Executive be eligible to receive any unpaid 2019 Bonus in the event the Executive’s employment is terminated for Cause.
Pro-Rated Annual Bonus. The Executive will be eligible to receive a cash bonus payment with respect to fiscal year 2017 (the “Pro-Rata Bonus”) equal to the product of (x) the annual bonus, if any, that the Executive would have earned based on the actual achievement of applicable performance objectives in fiscal year 2017 occurs had the Executive remained employed as Chief Executive Officer of the Company, and (y) a fraction, the numerator of which is the number of days from the beginning of such year through the Effective Date, and the denominator of which is 365, which cash bonus will be paid when fiscal year 2017 bonuses are generally paid to employees of the Company, but in no event later than March 15, 2018.
