Examples of Final Average Bonus in a sentence
A cash lump sum payment (payable within ten (10) days of the Date of Termination) equal to two (2) times the sum of the Final Salary and the Final Average Bonus.
The determination of a Participant's Final Average Bonus shall be made as of September 30, 2016 and such amount shall not be modified thereafter.
Section 2.11 shall be amended to add the following sentences to the end thereof which shall read as follows: Notwithstanding the foregoing, the Final Average Bonus of a Participant shall not include any amounts paid after September 30, 2016, provided, however, that payments made under the Fiscal Year 2016 Annual Incentive Compensation program, payable in December of 2016, shall be included in determining the Final Average Bonus of a Participant.
Final Average Bonus shall not include any amount of cash or equity paid or granted as part of any long term incentive plan or program that the Company in its sole discretion may elect to maintain from time to time.