Common use of Prorated Annual Bonus Clause in Contracts

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) and (B) a fraction, the numerator of which is the number of days in the current fiscal year through the Termination Date, and the denominator of which is 365, in a lump-sum payment on the tenth business day after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current fiscal year through the Termination Date, and the denominator of which is 365, in a lump-sum payment on the tenth business day after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the thirty-sixth (36th) day following the Termination Date, subject to the occurrence of the Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is 365, in a lump-sum payment on the tenth business day after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the tenth (10th) business day after Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the thirty-sixth (36th) day following the Termination Date, subject to the occurrence of the Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the tenth (10th) business day after Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365), in a lump-sum payment payable on the tenth (10th) business day after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year in which the Termination Date occurs through the Termination Date, and the denominator of which is three hundred sixty-five (365), in a lump-sum payment payable on the tenth (10th) business day after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the thirty-sixth (36th) day following the Termination Date, subject to the occurrence of the Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date.). (iii)

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company’s fiscal year in which the Termination Date occurs through the Termination Date, and the denominator of which is 365, in a lump-sum payment payable on the tenth business day after the Release Effective Date.

Prorated Annual Bonus. The With respect to the annual bonus for which the Executive was eligible under the Company’s annual incentive plan for the Fiscal Year in which the Termination Date occurs, the Company shall pay to the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) Annual Bonus and (B) a fraction, the numerator of which is the number of days elapsed in the current fiscal year Fiscal Year in which the Termination Date occurs through the Termination Date, and the denominator of which is 365, in a single lump-sum cash payment on the tenth within ten business day days after the Release Effective Date.

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365), in a lump-sum payment payable on the tenth (10th) business day after the Release Effective Date.. (iii)

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the thirty-sixth (36th) day following the Termination Date, sub j ect to the occurrence of the Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive Executive, in a lump-sum cash payment on the tenth (10th) business day after the Release Effective Date, an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365, in a lump-sum payment on the tenth business day after the Release Effective Date).

Prorated Annual Bonus. The Company shall pay the Executive an amount equal to the product of (A) the Executive’s target annual bonus for the year in which the Termination Date occurs (assuming all individual and business criteria are met at target levels) 's Annual Bonus and (B) a fraction, the numerator of which is the number of days in the current Company's fiscal year through containing the Termination DateDate that the Executive was employed by the Company or any Affiliate, and the denominator of which is three hundred sixty-five (365), in a lump-sum payment payable on the tenth (10th) business day after the Release Effective Date.