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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.", "snippet_links": [{"key": "number-of-months", "type": "definition", "offset": [27, 43]}, {"key": "services-during", "type": "clause", "offset": [77, 92]}, {"key": "calendar-year", "type": "definition", "offset": [97, 110]}, {"key": "prior-to", "type": "definition", "offset": [111, 119]}, {"key": "your-termination", "type": "clause", "offset": [120, 136]}, {"key": "actual-bonus-amount", "type": "definition", "offset": [142, 161]}, {"key": "consistent-with", "type": "definition", "offset": [194, 209]}, {"key": "company-executives", "type": "definition", "offset": [216, 234]}, {"key": "the-year", "type": "definition", "offset": [259, 267]}, {"key": "following-the", "type": "definition", "offset": [268, 281]}, {"key": "bonus-compensation", "type": "definition", "offset": [292, 310]}], "samples": [{"hash": "dcb9rrIPbC5", "uri": "/contracts/dcb9rrIPbC5#prorated-bonus", "label": "Employment Agreement (Outfront Media Minnesota LLC)", "score": 23.9719371796, "published": true}, {"hash": "5RHPg0rsTkI", "uri": "/contracts/5RHPg0rsTkI#prorated-bonus", "label": "Employment Agreement (Outfront Media Minnesota LLC)", "score": 23.9719371796, "published": true}, {"hash": "1PhEglvuG2r", "uri": "/contracts/1PhEglvuG2r#prorated-bonus", "label": "Employment Agreement (CBS Outdoor Americas Inc.)", "score": 23.848733902, "published": true}], "size": 5, "hash": "1f61719e17e052d4b594172cd994d577", "id": 3}, {"snippet": "The term \u201cProrated Bonus\u201d shall mean an amount equal to the sum of the following with respect to each contingent bonus or incentive compensation award made to the Executive for all uncompleted periods as of the Termination Date: (i) the value of such award, calculated as if the goals with respect to such award had been attained (at the target level, if applicable), multiplied by a fraction, the numerator of which is the number of days that have elapsed from the first day of the period to which the award relates to the Termination Date and the denominator of which is the total number of days in the period to which the award relates (without regard to the Termination Date), reduced by (ii) any amounts previously paid with respect to such award or that will be paid (without regard to this Agreement).", "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [47, 55]}, {"key": "sum-of", "type": "clause", "offset": [60, 66]}, {"key": "with-respect-to", "type": "clause", "offset": [81, 96]}, {"key": "incentive-compensation-award", "type": "definition", "offset": [122, 150]}, {"key": "to-the-executive", "type": "clause", "offset": [156, 172]}, {"key": "termination-date", "type": "definition", "offset": [211, 227]}, {"key": "the-value", "type": "clause", "offset": [233, 242]}, {"key": "target-level", "type": "clause", "offset": [338, 350]}, {"key": "if-applicable", "type": "definition", "offset": [352, 365]}, {"key": "number-of-days", "type": "clause", "offset": [424, 438]}, {"key": "day-of", "type": "clause", "offset": [472, 478]}, {"key": "the-period", "type": "clause", "offset": [479, 489]}, {"key": "the-award", "type": "clause", "offset": [499, 508]}, {"key": "relates-to", "type": "definition", "offset": [509, 519]}, {"key": "total-number-of", "type": "definition", "offset": [577, 592]}, {"key": "days-in", "type": "definition", "offset": [593, 600]}, {"key": "to-this-agreement", "type": "clause", "offset": [789, 806]}], "samples": [{"hash": "4G39NgxlRBF", "uri": "/contracts/4G39NgxlRBF#prorated-bonus", "label": "Key Executive Employment and Severance Agreement", "score": 31.3408622742, "published": true}, {"hash": "aCiYmSpYXt5", "uri": "/contracts/aCiYmSpYXt5#prorated-bonus", "label": "Key Executive Employment and Severance Agreement (Fiserv Inc)", "score": 30.5715255737, "published": true}, {"hash": "7KIM0Forpls", "uri": "/contracts/7KIM0Forpls#prorated-bonus", "label": "Key Executive Employment and Severance Agreement (Fiserv Inc)", "score": 28.1457901001, "published": true}], "size": 6, "hash": "da51aa89749fd7d7472af2bbd07f0054", "id": 1}, {"snippet": "An amount equal to a prorated portion of Executive\u2019s Target Bonus (disregarding any reduction in Target Bonus that would constitute Good Reason) for the fiscal year in which the Termination Date occurs (the \u201cProrated Bonus\u201d) shall be paid in cash in a single lump sum on the next regular payroll date following the later of the expiration of the Release Execution Period or the consummation of the Change in Control (but in no event later than the lapsing of the Short-Term Deferral Period). Such prorated portion shall be determined by multiplying the foregoing Target Bonus by a fraction, the numerator of which is equal to the number of days between the start of such fiscal year and the Termination Date and the denominator of which is equal to 365. The actual annual incentive bonus for the fiscal year of Executive\u2019s termination of employment shall be forfeited, and Executive shall not be entitled to any payment thereof, other than the severance benefit payment described in this Section 3.1(b)(i).", "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [10, 18]}, {"key": "prorated-portion", "type": "definition", "offset": [21, 37]}, {"key": "target-bonus", "type": "definition", "offset": [53, 65]}, {"key": "reduction-in", "type": "definition", "offset": [84, 96]}, {"key": "good-reason", "type": "definition", "offset": [132, 143]}, {"key": "fiscal-year", "type": "definition", "offset": [153, 164]}, {"key": "termination-date", "type": "definition", "offset": [178, 194]}, {"key": "lump-sum", "type": "definition", "offset": [259, 267]}, {"key": "payroll-date", "type": "definition", "offset": [288, 300]}, {"key": "following-the", "type": "definition", "offset": [301, 314]}, {"key": "release-execution-period", "type": "definition", "offset": [346, 370]}, {"key": "consummation-of-the", "type": "clause", "offset": [378, 397]}, {"key": "change-in-control", "type": "clause", "offset": [398, 415]}, {"key": "in-no-event", "type": "clause", "offset": [421, 432]}, {"key": "deferral-period", "type": "clause", "offset": [474, 489]}, {"key": "the-foregoing", "type": "definition", "offset": [549, 562]}, {"key": "number-of-days", "type": "clause", "offset": [630, 644]}, {"key": "annual-incentive-bonus", "type": "definition", "offset": [765, 787]}, {"key": "termination-of-employment", "type": "definition", "offset": [823, 848]}, {"key": "severance-benefit-payment", "type": "clause", "offset": [944, 969]}], "samples": [{"hash": "gyAW0V7jvBU", "uri": "/contracts/gyAW0V7jvBU#prorated-bonus", "label": "Change in Control Agreement (Cohu Inc)", "score": 31.8418884277, "published": true}, {"hash": "coIfW0zVZvf", "uri": "/contracts/coIfW0zVZvf#prorated-bonus", "label": "Change in Control Agreement (Cohu Inc)", "score": 31.8418884277, "published": true}, {"hash": "cYp1aKpID9Z", "uri": "/contracts/cYp1aKpID9Z#prorated-bonus", "label": "Change in Control Agreement (Cohu Inc)", "score": 31.8418884277, "published": true}], "size": 4, "hash": "538ed63ff321f0badcd304ee5de30ef3", "id": 4}, {"snippet": "The Company shall pay to Executive a prorated bonus (the \u201cProrated Bonus\u201d) for the calendar year of termination of Executive\u2019s employment, calculated as the Bonus Executive would have received in such year based on actual performance multiplied by a fraction, the numerator of which is the number of business days during the calendar year of termination that Executive was employed and the denominator of which is the total number of business days during the calendar year of termination. The Prorated Bonus shall be payable when annual bonuses are paid to other senior executives of the Company, but in no event later than March 15 of the calendar year following the later of (aa) the calendar year in which the Bonus is earned or (bb) the calendar year in which the Bonus is no longer subject to a substantial risk of forfeiture within the meaning of Section 409A.", "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "to-executive", "type": "clause", "offset": [22, 34]}, {"key": "termination-of-executive", "type": "clause", "offset": [100, 124]}, {"key": "the-bonus", "type": "definition", "offset": [153, 162]}, {"key": "based-on", "type": "clause", "offset": [206, 214]}, {"key": "actual-performance", "type": "clause", "offset": [215, 233]}, {"key": "business-days", "type": "clause", "offset": [300, 313]}, {"key": "total-number-of", "type": "definition", "offset": [418, 433]}, {"key": "annual-bonuses", "type": "clause", "offset": [530, 544]}, {"key": "senior-executives", "type": "definition", "offset": [563, 580]}, {"key": "of-the-company", "type": "clause", "offset": [581, 595]}, {"key": "in-no-event", "type": "clause", "offset": [601, 612]}, {"key": "march-15", "type": "clause", "offset": [624, 632]}, {"key": "following-the", "type": "definition", "offset": [654, 667]}, {"key": "subject-to", "type": "clause", "offset": [787, 797]}, {"key": "substantial-risk-of-forfeiture", "type": "definition", "offset": [800, 830]}, {"key": "meaning-of", "type": "clause", "offset": [842, 852]}, {"key": "section-409a", "type": "clause", "offset": [853, 865]}], "samples": [{"hash": "kV1HpLQaToG", "uri": "/contracts/kV1HpLQaToG#prorated-bonus", "label": "Employment Agreement (Peabody Energy Corp)", "score": 23.9842567444, "published": true}, {"hash": "8Lg04QP1KRc", "uri": "/contracts/8Lg04QP1KRc#prorated-bonus", "label": "Employment Agreement (Peabody Energy Corp)", "score": 21.0, "published": true}], "size": 4, "hash": "4a3780dcc65cdc4e8b0394aec3ddcfa2", "id": 6}, {"snippet": "Verso will pay the Prorated Bonus to Employee, less all applicable reductions, taxes and other withholdings, when payment of the applicable incentive bonus would have been paid to Employee in the normal course if Employee had remained employed with Verso through the end of the applicable year.", "snippet_links": [{"key": "to-employee", "type": "clause", "offset": [34, 45]}, {"key": "taxes-and-other-withholdings", "type": "clause", "offset": [79, 107]}, {"key": "the-applicable", "type": "clause", "offset": [125, 139]}, {"key": "incentive-bonus", "type": "clause", "offset": [140, 155]}, {"key": "normal-course", "type": "definition", "offset": [196, 209]}, {"key": "if-employee", "type": "definition", "offset": [210, 221]}, {"key": "applicable-year", "type": "definition", "offset": [278, 293]}], "samples": [{"hash": "kJ29MbyI2do", "uri": "/contracts/kJ29MbyI2do#prorated-bonus", "label": "Severance Agreement (Verso Corp)", "score": 33.1587944031, "published": true}, {"hash": "1jGzh8ImHXd", "uri": "/contracts/1jGzh8ImHXd#prorated-bonus", "label": "Severance Agreement (Verso Corp)", "score": 32.5947990417, "published": true}, {"hash": "b2XfvctXXgb", "uri": "/contracts/b2XfvctXXgb#prorated-bonus", "label": "Severance Agreement (Verso Corp)", "score": 32.3456535339, "published": true}], "size": 4, "hash": "300cfacb50c66be5f6671a1cace3be01", "id": 5}, {"snippet": "Your Annual Bonus (as such term is defined in the agreement to which this Annex A is attached) for the year in which your termination occurs, based on actual performance through the end of the applicable performance period and prorated based on the number of days you were employed by the Company or its affiliate during the applicable performance period. The Prorated Bonus will be paid at the time annual cash bonuses are paid to actively employed senior executives of the Company in respect of the year in which your termination occurs, but in no event later than March 15 of the following year.", "snippet_links": [{"key": "annual-bonus", "type": "clause", "offset": [5, 17]}, {"key": "agreement-to", "type": "definition", "offset": [50, 62]}, {"key": "annex-a", "type": "definition", "offset": [74, 81]}, {"key": "the-year", "type": "definition", "offset": [99, 107]}, {"key": "your-termination", "type": "clause", "offset": [117, 133]}, {"key": "based-on", "type": "clause", "offset": [142, 150]}, {"key": "actual-performance", "type": "clause", "offset": [151, 169]}, {"key": "applicable-performance-period", "type": "definition", "offset": [193, 222]}, {"key": "number-of-days", "type": "clause", "offset": [249, 263]}, {"key": "employed-by-the-company", "type": "definition", "offset": [273, 296]}, {"key": "at-the-time", "type": "definition", "offset": [388, 399]}, {"key": "annual-cash-bonuses", "type": "clause", "offset": [400, 419]}, {"key": "actively-employed", "type": "definition", "offset": [432, 449]}, {"key": "senior-executives", "type": "definition", "offset": [450, 467]}, {"key": "in-respect-of", "type": "definition", "offset": [483, 496]}, {"key": "in-no-event", "type": "clause", "offset": [544, 555]}, {"key": "march-15", "type": "clause", "offset": [567, 575]}, {"key": "following-year", "type": "definition", "offset": [583, 597]}], "samples": [{"hash": "kj9NAiP9k4h", "uri": "/contracts/kj9NAiP9k4h#prorated-bonus", "label": "Employment Agreement (Macerich Co)", "score": 30.4524307251, "published": true}, {"hash": "hK4ghpOpDuN", "uri": "/contracts/hK4ghpOpDuN#prorated-bonus", "label": "Employment Agreement (Macerich Co)", "score": 27.3449687958, "published": true}], "size": 2, "hash": "d14742d24df2019d134690c3a524a625", "id": 9}, {"snippet": "Subject to your satisfactory provision of your Transition Duties (as described on Exhibit B hereto) through the Separation Date, as determined by the Board of Directors in its discretion and in good faith, GPH shall pay you a pro-rata 2005 annual bonus of $16,900 pursuant to Section 2(B) of the Employment Agreement and the Separation and Release Agreement, subject to a pro-rata increase if employment is extended beyond August 19, 2005.", "snippet_links": [{"key": "subject-to", "type": "clause", "offset": [0, 10]}, {"key": "provision-of", "type": "clause", "offset": [29, 41]}, {"key": "transition-duties", "type": "clause", "offset": [47, 64]}, {"key": "exhibit-b", "type": "clause", "offset": [82, 91]}, {"key": "the-separation-date", "type": "clause", "offset": [108, 127]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [143, 168]}, {"key": "in-its-discretion", "type": "clause", "offset": [169, 186]}, {"key": "in-good-faith", "type": "definition", "offset": [191, 204]}, {"key": "annual-bonus", "type": "clause", "offset": [240, 252]}, {"key": "pursuant-to-section", "type": "clause", "offset": [264, 283]}, {"key": "the-employment-agreement", "type": "clause", "offset": [292, 316]}, {"key": "separation-and-release-agreement", "type": "definition", "offset": [325, 357]}], "samples": [{"hash": "aWDWqtix7X2", "uri": "/contracts/aWDWqtix7X2#prorated-bonus", "label": "Employment Agreement (Global Preferred Holdings Inc)", "score": 19.0, "published": true}], "size": 3, "hash": "36735b509b02a9a98125657ade8db15b", "id": 8}, {"snippet": "Executive also shall remain eligible to receive a prorated bonus under the Executive Bonus Plan for the fiscal year in which Executive\u2019s employment terminates. Such bonus shall be equal to (A) the bonus otherwise earned by and payable to Executive for the fiscal year in which Executive\u2019s employment terminates, (B) multiplied by the number of days Executive worked in the year of Executive\u2019s employment termination, (C) divided by 365 days (the \u201cProrated Bonus\u201d). The Prorated Bonus shall be paid in cash (A) if the Company\u2019s fiscal year in which Executive\u2019s employment terminates ends in December of a calendar year, during the period beginning on January 1 of the next succeeding calendar year and ending on the date that is 2 \u00bd months after the end of such fiscal year; or (B) if the Company\u2019s fiscal year in which Executive\u2019s employment terminates ends in January of a calendar year, during the 2 \u00bd-month period beginning on the first day of the next succeeding fiscal year. Notwithstanding the foregoing, if (x) the Prorated Bonus is not exempt from Code Section 409A, and (y) the Prorated Bonus is payable (based on the payment timing hereinabove) within the six-month period immediately following the date of Executive\u2019s Section 409A Separation from Service, the payment of the Prorated Bonus will be delayed and will be made in a single lump-sum cash payment upon the day after the six-month anniversary of Executive\u2019s Section 409A Separation from Service. 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