Pro Ration Percentage definition
Pro Ration Percentage means the amount, expressed as a percentage, equal to the number of days in the then current fiscal year through the Date of Termination, divided by three hundred and sixty-five (365).
Pro Ration Percentage has the meaning set forth in Section 2.02(c)(i).
Pro Ration Percentage means the amount, expressed as a percentage, equal to the number of days in the then current fiscal year through the date that Executive’s employment with the Company terminates, divided by 365.
Examples of Pro Ration Percentage in a sentence
If the Company is not a WKSI, the Shelf Notice shall specify the Sponsor Shelf Registration Amount and the Pro Ration Percentage.
The maximum aggregate indemnification obligation of any Seller Owner under Section 13.02(a) shall not exceed the product obtained by multiplying the Ultimate Seller Cap times such Seller Owner's Pro Ration Percentage (for each Seller Owner, the "Ultimate Pro Rated Cap").
For clarity, Seller shall be jointly and severally liable for the entire Buyer Adjustment Amount and each Seller Owner shall be severally, but not jointly and severally, liable for his Pro Ration Percentage of the Buyer Adjustment Amount.
More Definitions of Pro Ration Percentage
Pro Ration Percentage means the amount, expressed as a percentage, equal to the number of days in the then-current fiscal year through the date that Executive’s employment with the Company terminates, divided by 365.
Pro Ration Percentage means, with respect to each Seller Owner, the percentage specified opposite such Seller Owner's name in Section 1.01(b) of the Company Disclosure Schedule.
Pro Ration Percentage means the amount, expressed as a percentage, equal to the number of days in the then-current fiscal year through the date that Executive’s employment with the Company terminates, divided by 365. 4.2.12. "Termination Bonus Amount" shall mean the greater of (i) Executive's highest Annual Incentive Bonus earned in the two most recent full fiscal years preceding the Date of Termination, or (ii) One Hundred Percent (100%) of Executive's Base Salary in effect as of the Date of Termination. 4.