Common use of Prorated Annual Bonus for Year of Termination Clause in Contracts

Prorated Annual Bonus for Year of Termination. Executive’s Pro-rata Annual Bonus reduced (but not below zero) by the amount of any Annual Bonus paid to Executive with respect to the Employer’s fiscal year during which the Termination Date occurs;

Appears in 6 contracts

Samples: Change in Control Severance Agreement, Change in Control Severance Agreement (Williams Companies Inc), Change in Control Severance Agreement (Williams Companies Inc)

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Prorated Annual Bonus for Year of Termination. Executive’s Pro-rata Annual Bonus reduced (but not below zerozero (0)) by the amount of any Annual Bonus paid to Executive with respect to the EmployerWPX’s fiscal year during which the Termination Date occurs;

Appears in 3 contracts

Samples: Change in Control Severance Agreement (WPX Energy, Inc.), Change in Control Severance Agreement (WPX Energy, Inc.), Change in Control Severance Agreement (WPX Energy, Inc.)

Prorated Annual Bonus for Year of Termination. Executive’s 's Pro-rata Annual Bonus reduced (but not below zero) by the amount of any Annual Bonus paid to Executive with respect to the Employer’s Company's fiscal year during in which the Termination Date occurs, whether paid under Section 2.5 or otherwise;

Appears in 2 contracts

Samples: Employment Agreement (Principal Financial Group Inc), Change of Control Employment Agreement (Principal Financial Group Inc)

Prorated Annual Bonus for Year of Termination. Executive’s Pro-rata Annual Bonus reduced (but not below zero) by the amount of any Annual Bonus paid to Executive with respect to the EmployerWPX’s fiscal year during which the Termination Date occurs;

Appears in 2 contracts

Samples: Change in Control Severance Agreement (WPX Energy, Inc.), Change in Control Severance Agreement (WPX Energy, Inc.)

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Prorated Annual Bonus for Year of Termination. Executive’s 's Pro-rata Annual Bonus reduced (but not below zero) by the amount of any Annual Bonus paid to Executive with respect to the Employer’s 's fiscal year during which the Termination Date occurs;

Appears in 1 contract

Samples: Change in Control Severance Agreement (Williams Companies Inc)

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