Common use of Prorated Bonus Clause in Contracts

Prorated Bonus. a prorated bonus based the number of months that you were actively rendering services during the calendar year prior to your termination. The actual bonus amount shall be determined in a manner consistent with other Company executives with such bonus paid in the year following the year such bonus compensation is earned, but no later than February 28th of such year.

Prorated Bonus. a prorated bonus based the number of months that you were actively rendering services during the calendar year prior to your termination. The actual bonus amount shall be determined in a manner consistent with other Company executives with such bonus paid in the year following the year such bonus compensation is earned, but no later than February 28th 28 of such year.