Common use of Accrued Amounts Clause in Contracts

Accrued Amounts. (2) a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, payable at the time that annual bonuses are paid to other senior executives (determined by multiplying the amount the Executive would have received based upon actual financial performance had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365);

Appears in 8 contracts

Samples: Executive Employment Agreement (Kaman Corp), Executive Employment Agreement (Kaman Corp), Executive Employment Agreement (Kaman Corp)

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Accrued Amounts. (2) a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, payable at the time that annual bonuses are paid to other senior executives (determined by multiplying the amount the Executive would have received based upon actual financial performance had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365);

Appears in 8 contracts

Samples: Executive Employment Agreement (KAMAN Corp), Executive Employment Agreement (Kaman Corp), Executive Employment Agreement (Kaman Corp)

Accrued Amounts. (2ii) a pro-rata portion of the Executive’s annual bonus 's bonuses for the performance year in which the Executive’s 's termination occurs, payable at the time that annual bonuses are paid to other senior executives occurs (determined by multiplying the amount the Executive would have received based upon actual financial performance had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365);

Appears in 1 contract

Samples: Executive Employment Agreement (Video Without Boundaries Inc)

Accrued Amounts. (2ii) a pro-rata portion of the Executive’s annual 's bonus for the performance year in which the Executive’s 's termination occurs, payable at occurs by the time that annual bonuses are paid to other senior executives Bonus Date (determined by multiplying the amount the Executive would have received based upon actual financial performance had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365);

Appears in 1 contract

Samples: Executive Employment Agreement (Video Without Boundaries Inc)

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Accrued Amounts. (2) a pro-rata portion of the Executive’s annual bonus for the performance year in which the Executive’s termination occurs, payable at the time that annual bonuses are paid to other senior executives (determined by multiplying the amount the Executive would have received based upon actual financial performance had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365);

Appears in 1 contract

Samples: Executive Employment Agreement (Kaman Corp)

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