Common use of Target Bonus Severance Clause in Contracts

Target Bonus Severance. A single, lump sum, cash payment equal to one hundred percent (100%) of Executive’s Target Bonus.

Appears in 14 contracts

Samples: Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.)

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Target Bonus Severance. A single, lump sum, cash payment equal to one hundred fifty percent (100150%) of Executive’s Target Bonus.

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (Nautilus Biotechnology, Inc.), Change in Control and Severance Agreement (ARYA Sciences Acquisition Corp III)

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