Prorated Target Bonus means an amount determined by multiplying the actual percentage of the Executive’s base salary that was to be paid to the Executive as his Target Bonus in the year in which the Change in Control Date occurs by the Executive’s then-current Annual Base Salary as of the Date of Termination and prorating this amount by multiplying it by a fraction, the numerator of which is the number of days during the then-current calendar year that the Executive was employed by the Company up to and including the Date of Termination and the denominator of which is 365. Payment under any long term cash incentive plan shall be determined and governed solely by the terms of such plan.
Prorated Target Bonus means the Target Bonus prorated for the period beginning on the first day of the fiscal year in which occurs the Date of Termination through the Date of Termination
Prorated Target Bonus means the Target Bonus multiplied by a fraction, the numerator of which is the number of whole and partial months (rounded up) from the date of termination of employment until the end of the fiscal year of the Company, and the denominator of which is 12.
More Definitions of Prorated Target Bonus
Prorated Target Bonus has the meaning set forth in Section 4.2(a) of this Agreement.
Prorated Target Bonus has the meaning set forth in Section 4.2(a) of this Agreement.
1.1 (z) "Specified Employee" has the meaning set forth in Section 4.9 of this Agreement.
Prorated Target Bonus means an amount determined by multiplying the actual percentage of the Executive’s base salary that was to be paid to the Executive as his Target Bonus in the year in which the Change in Control Date occurs by the Executive’s then-current Annual Base Salary as of the Date of Termination and prorating this amount by multiplying it by a fraction, the numerator of which is the number of days during the then-current calendar year that the Executive was employed by the Company up to and including the Date of Termination and the denominator of which is 365. Payment under any long-term cash incentive plan or other incentive compensation plan shall be determined and governed solely by the terms of the applicable plan.
Prorated Target Bonus. For the purposes of this Agreement, “Prorated Target Bonus” shall have the meaning ascribed to it in Section 2(b) of this Agreement.
Prorated Target Bonus means an amount equal to a pro rata portion of the Participant’s annual short-term incentive bonus target in effect on the Participant’s date of termination of employment based upon the percentage of the performance period that has elapsed through the date of termination of employment.
Prorated Target Bonus means the Target Bonus Amount multiplied by a fraction, the numerator of which is the number of days you were employed by the Company or its subsidiaries during the calendar year in which your termination of employment occurred, and the denominator of which is 365.
Prorated Target Bonus means the pro-rata portion (determined based on the number of days the Executive is employed by the Company during the bonus performance period) of the Executive’s Target Bonus.