Example ContractsClausespro rated bonusVariants
Pro-Rated Bonus
Pro-Rated Bonus contract clause examples

Any Bonus or Pro-Rated Bonus payable pursuant to paragraphs 11, 13 or 14 shall be paid at the lesser of # your Target Bonus amount or # your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year.

Any Bonus or Pro-Rated Bonus payable pursuant to paragraph 11, 13 or 14 shall be paid at the lesser of # your Target Bonus amount or # your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.