Common use of Stock Price Bonus Clause in Contracts

Stock Price Bonus. If, during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$13.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx a one time bonus (in addition to any Base Salary, Discretionary Bonus, Restricted Stock Units (as defined below), Options (as defined below) or Benefits (as defined below) payable pursuant to this Agreement) in the sum of US$600,000 (the “Stock Price Bonus ”) within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$16.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx a one time additional Stock Price Bonus of US$600,000 within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$19.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx a one time additional Stock Price Bonus of US$600,000 within five (5) business days following the satisfaction of the preceding condition. For the avoidance of doubt, Bxxxx shall not be entitled to receive the Stock Price Bonus at any specified target more than one time during the Term and the maximum aggregate bonus that could be payable to Bxxxx under any scenario during the Term pursuant to this Paragraph 5 is US$1,800,000; provided further that a single rise in stock price can trigger all three Stock Price Bonuses. Notwithstanding the foregoing, if on or before the time the Stock Price Bonus becomes payable an applicable bank has declared Lions Gate to be in material default of any of its bank covenants, and such default is directly attributable to Bxxxx’ negligent disregard of any such covenants (of which he has received notice) or his negligent supervision of any of his direct reports, Bxxxx shall not be entitled to the Stock Price Bonus; provided, however, the foregoing shall be subject to binding arbitration as set forth in Paragraph 18(f) should Bxxxx dispute Lions Gate’s position with respect thereto.

Stock Price Bonus. If, during the Term Term, the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$13.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx Feltheimer a one time bonus (in addition to any Base Salary, Discretionary Bonus, Restricted Stock Units (as defined below), Options Option (as defined below) or Benefits (as defined below) payable pursuant to this Agreement) in the sum of US$600,000 750,000 (the “Stock Price Bonus ”) within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$16.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx Feltheimer a one time additional Stock Price Bonus of US$600,000 750,000 within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$19.00 per share for a period of six (6) consecutive months then Lions Gate shall pay Bxxxx Feltheimer a one time additional Stock Price Bonus of US$600,000 750,000 within five (5) business days following the satisfaction of the preceding condition. For the avoidance of doubt, Bxxxx Feltheimer shall not be entitled to receive the Stock Price Bonus at any specified target more than one time during the Term and the maximum aggregate bonus that could be payable to Bxxxx Feltheimer under any scenario during the Term pursuant to this Paragraph 5 is US$1,800,0002,250,000; provided further that a single rise in stock price can trigger all three Stock Price Bonuses. Notwithstanding the foregoing, if on or before the time the a Stock Price Bonus Bonus(es) becomes payable an applicable bank has declared Lions Gate to be in material default of any of its bank covenants, and such default is directly attributable to Bxxxx’ Feltheimer’s negligent disregard of any such covenants (of which he has received notice) or his negligent supervision of any of his direct reports, Bxxxx Feltheimer shall not be entitled to the such Stock Price BonusBonus(es); provided, however, the foregoing shall be subject to mandatory binding arbitration as set forth in Paragraph 18(f21(f) below should Bxxxx Feltheimer dispute Lions Gate’s position with respect thereto.

Stock Price Bonus. If, during the Term Term, the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$13.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Feltheimer a one time bonus (in addition to any Base Salary, Discretionary Bonus, Restricted Stock Units (as defined below), Options (as defined below) or Benefits (as defined below) other compensation payable pursuant to this Agreement) in the sum of US$600,000 750,000 (the “Stock Price Bonus ”) within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$16.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Feltheimer a one time additional Stock Price Bonus of US$600,000 750,000 within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$19.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Feltheimer a one time additional Stock Price Bonus of US$600,000 750,000 within five (5) business days following the satisfaction of the preceding condition. For the avoidance of doubt, Bxxxx Feltheimer shall not be entitled to receive the Stock Price Bonus at any specified target more than one time during the Term and the maximum aggregate bonus that could be payable to Bxxxx Feltheimer under any scenario during the Term pursuant to this Paragraph Section 5 is US$1,800,0002,250,000; provided further that a single rise in stock price can trigger all three Stock Price Bonuses. Notwithstanding the foregoing, if on or before the time the a Stock Price Bonus Bonus(es) becomes payable an applicable bank has declared Lions Gate to be in material default of any of its bank covenants, and such default is directly attributable to Bxxxx’ Feltheimer’s negligent disregard of any such covenants (of which he has received notice) or his negligent supervision of any of his direct reports, Bxxxx Feltheimer shall not be entitled to the such Stock Price BonusBonus(es); provided, however, the foregoing shall be subject to mandatory binding arbitration as set forth in Paragraph 18(fSection 21(f) below should Bxxxx Feltheimer dispute Lions Gate’s position with respect thereto.

Stock Price Bonus. If, during the Term Term, the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$13.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Xxxxx a one time bonus (in addition to any Base Salary, Discretionary Bonus, Restricted Stock Units (as defined below), Options (as defined below) or Benefits (as defined below) other compensation payable pursuant to this Agreement) in the sum of US$600,000 (the “Stock Price Bonus Bonus”) within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$16.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Xxxxx a one time additional Stock Price Bonus of US$600,000 within five (5) business days following the satisfaction of the preceding condition. In addition, if during the Term the volume-weighted average of the median (between the high and low of each trading day) daily Company stock price is not less than US$19.00 per share for a period of six (6) consecutive months months, then Lions Gate shall pay Bxxxx Xxxxx a one time additional Stock Price Bonus of US$600,000 within five (5) business days following the satisfaction of the preceding condition. For the avoidance of doubt, Bxxxx Xxxxx shall not be entitled to receive the Stock Price Bonus at any specified target more than one time during the Term and the maximum aggregate bonus that could be payable to Bxxxx Xxxxx under any scenario during the Term pursuant to this Paragraph Section 5 or any other provision of this Agreement is US$1,800,000; provided further that a single rise in stock price can trigger all three Stock Price Bonuses. Notwithstanding the foregoing, if on or before the time the Stock Price Bonus becomes payable an applicable bank has declared Lions Gate to be in material default of any of its bank covenants, and such default is directly attributable to BxxxxXxxxx’ negligent disregard of any such covenants (of which he has received notice) or his negligent supervision of any of his direct reports, Bxxxx Xxxxx shall not be entitled to the Stock Price Bonus; provided, however, the foregoing shall be subject to binding arbitration as set forth in Paragraph 18(fSection 19(f) should Bxxxx Xxxxx dispute Lions Gate’s position with respect thereto.