Bonus Severance Payment. Executive shall receive an additional severance payment in an amount equal to 100% of Executive’s target annual bonus in effect for the fiscal year in which the Termination Date occurs, paid on the first regular payroll date following the effective date of the Release, subject to any delay in payment required by [Section 7(e)].
Bonus Severance Payment. Executive shall receive an additional severance payment in an amount equal to 100% of Executive’s target annual bonus in effect for the fiscal year in which the Termination Date occurs, paid on the first regular payroll date following the effective date of the Release subject to any delay in payment required by [Section 7(e)].
Bonus Severance Payment. Executive shall receive an additional payment of an amount equal to 100% of Executive’s target annual bonus in effect for the fiscal year in which the Termination Date occurs (the “Bonus Severance Payment”) in lieu of any such annual bonus that might otherwise have been due for such year. The Bonus Severance Payment shall be paid together with the first installment of salary-based severance in Section 2(a), subject to any delay in payment required by Section 8.
Bonus Severance Payment. Executive shall receive an additional severance payment in an amount equal to 100% of Executive's target annual bonus in effect for the fiscal year in which the Termination Date occurs (the “Bonus Severance Payment"). The Bonus Severance Payment shall be
Severance. Executive shall be entitled to receive an amount equal to the sum of # Executive’s annual base salary at the rate in effect immediately prior to the Termination Date and # Executive’s target annual bonus assuming achievement of performance goals at one hundred percent (100%) of target, payable in a cash lump sum, less applicable withholdings, on the first payroll date following the date the Release of Claims becomes effective and irrevocable in accordance with Section 14(a)(v) below.
Executive shall be entitled to receive an amount equal to 100% percent of Executive’s Annual Target Bonus Opportunity (pro-rated based on the number of days Executive was employed by the Company during the calendar year in which the Severance Date occurs), payable at the same time annual bonuses are paid generally to other executives
Executive shall be entitled to receive an amount equal to 100% percent of Executive’s Annual Target Bonus Opportunity (pro-rated based on the number of days Executive was employed by the Company during the calendar year in which the Severance Date occurs), payable at the same time annual bonuses are paid generally to other executives of the Company for the relevant year, less applicable withholdings and deductions, but in no
Executive shall receive a bonus for the calendar year in which the Termination Date occurs in the amount that Executive would have received under the Company’s bonus plan for such calendar year as if Executive had been employed for such entire year (calculated at 100% of Executive’s Target Bonus for such year) multiplied by a fraction, the numerator of which shall be the number of days Executive was employed during such calendar year and the denominator of which shall be 365. Such bonus shall be paid at the time bonus payments are paid to other employees under such bonus plan or, if later, the first regularly scheduled payroll date of the Company that is practicable after the effective date of the Release Agreement, but in no event later than two and a half (2.5) months after the end of the fiscal year in which the termination date occurs.
Severance. Executive shall be entitled to receive an amount equal to the sum of # eighteen (18) months of Executive’s annual base salary and # 1.5 times Executive’s target annual bonus assuming achievement of performance goals at target, in each case, at the rate in effect immediately prior to the Termination Date, payable in a cash lump sum, less applicable withholdings, on the first payroll date following the date the Release of Claims becomes effective and irrevocable.
Bonus Severance. Executive will receive a lump-sum payment, which will become payable upon Executive’s termination of employment and will be paid in accordance with the Company’s regular payroll procedures, equal to one hundred percent (100%) of the higher of # Executive’s target Bonus as in effect for the fiscal year in which the Change in Control occurs or # Executive’s target Bonus as in effect for the fiscal year in which Executive’s termination of employment occurs; provided, in either case, the Company had not previously paid Executive a Bonus corresponding to such fiscal year. For avoidance of doubt, the amount paid to Executive pursuant to this Section 6(b)(ii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.
Severance Payment. Executive will be paid an amount equal to [eighteen (18) months][twelve (12) months] Executive’s Annual Salary plus Executive’s Target Bonus in effect immediately prior [[Organization A:Organization]] Date of Termination, in a lump sum within sixty (60) days following the Date of Termination.
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